Argentina to hold interest rate at 97% as raging inflation eases – bank sources
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hold its benchmark interest rate steady at…
Business
U.S. job openings fall in May, still elevated
WASHINGTON (Reuters) – U.S. job openings dropped in May, but remained at higher levels, indicating that labor market conditions were…
India’s state-run banks confident of withstanding macro shocks – govt
NEW DELHI (Reuters) -India’s state-run banks are confident of withstanding any macroeconomic shocks and expect their outlook to improve, despite…
US layoffs fall to seven-month low in June, report says
By Safiyah Riddle (Reuters) – American employers slowed downsizing in June, announcing the lowest number of layoffs since October 2022….
US layoffs halve in June as tech job cuts ease – report
(Reuters) – Layoffs in the United States nearly halved in June from a month earlier as job cuts in the…
U.S. service sector picks up in June; inflation gradually slowing – ISM survey
WASHINGTON (Reuters) – The U.S. services sector grew faster than expected in June as new orders picked up, but a…
Volkswagen to launch self-driving vehicles in Texas by 2026
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Volkswagen said on Thursday that it plans to launch autonomous, or self-driving, vehicles…
Exclusive: OPEC upbeat over 2024 oil demand outlook despite slowdown
By Alex Lawler and Dmitry Zhdannikov VIENNA (Reuters) – OPEC will likely maintain an upbeat view on oil demand growth…
U.S. trade deficit narrows in May on declining imports
WASHINGTON (Reuters) – The U.S. trade deficit narrowed in May, with imports of goods dropping to their lowest level since…
Explainer-Inside the opaque world of minor metals pricing
By Pratima Desai LONDON (Reuters) – China’s abrupt announcement this week that it will restrict exports of some germanium and…