Pakistan approves 3.5% GDP growth target for FY 2023-24 budget – minister
By Asif Shahzad and Ariba Shahid ISLAMABAD (Reuters) -Pakistan on Tuesday approved an estimated 3.5% GDP growth target for its…
June 6, 2023
Corebridge drops as AIG looks to sell down stake
NEW YORK (Reuters) – Shares of retirement services provider Corebridge Financial fell more than 6% on Tuesday as parent American…
General Electric to sell over $2 billion stake in GE HealthCare
(Reuters) – General Electric Co is offering 25 million of common stock, or an over $2 billion stake, in GE…
World Bank Lifts 2023 Global Growth Forecasts, But Cuts Next Year’s Outlook
By David Lawder WASHINGTON (Reuters) – The World Bank on Tuesday raised its 2023 global growth forecast as the U.S….
Explainer-Ukraine dam: When do attacks on civilian installations amount to war crimes?
By Stephanie van den Berg and Anthony Deutsch THE HAGUE (Reuters) – The Geneva Conventions and its protocols explicitly ban…
Container shipping freight rates are too low, says Hapag Lloyd CEO
FRANKFURT (Reuters) -Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of Germany’s Hapag…
Canal irrigating Crimea getting ‘drastically less’ water after Ukraine dam blast, says Kremlin
By Andrew Osborn (Reuters) -A gaping hole punched in Ukraine’s Nova Kakhovka dam that unleashed a wall of floodwater means…
Breakthrough on stalled EU migration deal coming this week – official
By Gabriela Baczynska BRUSSELS (Reuters) -European Union countries are expected this week to agree on how to share out the…
US interest rate swap market embraces new rate as LIBOR deadline nears
By Harry Robertson LONDON (Reuters) – New trades in the enormous U.S. dollar interest rate swap market have almost entirely…
Brazil’s May inflation seen at eight-month low, opening window for rate cuts: Reuters poll
By Gabriel Burin (Reuters) – Brazilian inflation probably declined to an eight-month low in May versus April, opening a much…