Higher wage costs force UK services firms to push up prices: PMI
By Suban Abdulla LONDON (Reuters) – British services firms reported the strongest input cost pressures in three months in May…
Business
Slump in global cashew demand pushes Ivory Coast industry to verge of collapse
By Ange Aboa KATIOLA, Ivory Coast (Reuters) – Drissa Dembele, a farmer and buyer of raw cashews, surveyed unshelled nuts…
OpenAI mulling Israel investment opportunities, Microsoft says
JERUSALEM (Reuters) – OpenAI is considering investment opportunities in Israel, Microsoft Israel R&D center quoted the company’s CEO, Sam Altman,…
Experts debate how much US Supreme Court ruling chills labor strikes
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court has delivered the latest in a series of rulings undercutting…
Tesla’s China-made EV sales rose 2.4% in May from April – CPCA
By Qiaoyi Li and Brenda Goh BEIJING (Reuters) – U.S. automaker Tesla Inc delivered 77,695 China-made electric vehicles (EVs) in…
France rolls out the red carpet for EV battery factories
By Elizabeth Pineau, Gilles Guillaume and Michel Rose PARIS – For French President Emmanuel Macron, it was a light-bulb moment….
Casino bankruptcy event has not occurred – CDS committee
By Chiara Elisei LONDON(Reuters) – A European derivatives committee said on Monday that a bankruptcy credit event has not occurred…
Analysis-Strong economy puts Bank of Canada’s 4-month rate hike pause in doubt
By Steve Scherer OTTAWA (Reuters) – The Bank of Canada (BoC) became the first major global central bank to pause…
Marketmind: Jobs glow, crude pops, dollar lifts
A look at the day ahead in U.S. and global markets from Mike Dolan World markets retained a warm afterglow…
Chinese regulator asks Zhuhai Wanda for more details ahead of planned IPO
HONG KONG (Reuters) – China’s securities watchdog has asked property management firm Zhuhai Wanda Commercial Management Group for more details…