By Ben Kellerman NEW YORK (Reuters) – An enormous fluffy, white, blue-eyed Burmese cat mascot ascended the Metropolitan Museum of Art steps on Monday in homage to Karl Lagerfeld’s beloved pet “Choupette,” who later revealed himself as actor Jared Leto, bringing a whole new meaning to this year’s Met Gala dress code “in honor of…
FRANKFURT (Reuters) – Euro zone inflation accelerated last month but underlying price growth eased unexpectedly, adding to arguments for a smaller interest rate hike at the European Central Bank’s regular policy meeting on Thursday. Inflation has slowed sharply from double-digit readings late last year but remains far too high, making another rate hike a necessity…
By Andrew Hay ACEQUIA DE LA SIERRA, New Mexico (Reuters) – Rivers are roaring in northern New Mexico after a big snowpack. But sacred pastures Jimmy Sanchez’s family has irrigated for seven generations are dry. Sanchez has labored in snow, mud and ice to clear centuries-old irrigation ditches of fallen trees and debris left in…
(Reuters) – Zimmer Biomet Holdings Inc raised its annual sales and profit forecasts on Tuesday, banking on strong demand for its knees and hips products amid a sustained recovery in surgical procedures in the United States. Shares of the Indiana-based medical device maker rose 3.72% to $144 before the bell, also buoyed by better-than-expected first-quarter…
By Sarita Chaganti Singh NEW DELHI (Reuters) – India, backed by China, is trying to build a consensus within the G20 group to let countries choose a roadmap to cut carbon emissions instead of setting a deadline to end the use of fossil fuels, three Indian government officials said. India, the current G20 president, is…
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan A hail of potentially disruptive news developments makes for nervy start to May in world markets – but there’s little sign of that in seismographs that capture pending price volatility. For each jolt, there appears to be an offset….
(Reuters) – U.S. truck engine maker Cummins Inc on Tuesday raised its full-year 2023 revenue forecast, on the back of strong demand for parts across its markets. Supply chain issues, which led to a fall in production of new trucks, have forced truckers to keep their ageing fleet on roads for longer, which in turn…
By Mark Miller (Reuters) – The U.S. economy is in much better shape today than it was during the Great Recession. But persistent inflation and last year’s sharp stock market decline have shaken the confidence of American workers and retirees about their retirement prospects in a way not seen since 2008. That is the key…
By Clyde Russell LAUNCESTON, Australia (Reuters) -Asia’s imports of liquefied natural gas (LNG) fell in April as major buyers China and Japan trimmed purchases, offsetting small gains among South Asian countries. The total volume of the super-chilled fuel imported was 20.86 million tonnes in April, down from March’s 22.23 million and 22.19 million in February,…
(Reuters) – Tesla Inc was the biggest loser among top companies by market capitalisation in April, hit by disappointing quarterly earnings after it posted the lowest quarterly gross margin in two years. Tesla’s market cap dropped to $520.7 billion at the end of April from $657.5 billion in March, a 20.8% decline, pushing it to…
