Suriname clears way for debt restructuring with IMF staff deal
By David Lawder and Rodrigo Campos WASHINGTON (Reuters) – Suriname on Thursday cleared a hurdle on its way to restructure…
Business
Nuveen mulls buying Galapagos bond, impact metrics are key
By Isla Binnie NEW YORK (Reuters) – Nuveen LLC is considering buying a big chunk of Ecuador’s new “blue bond”…
German industry urges government to reduce power tax
BERLIN (Reuters) – Germany’s BDI industry association urged the government on Thursday to reduce the electricity tax to the European…
Apple slashes sales estimates of its headset – Bloomberg News
(Reuters) – Apple Inc has lowered sales estimates for its long-awaited mixed-reality headsets by about two-thirds, Bloomberg News reported on…
Alibaba misses revenue estimate, approves cloud unit spinoff
(Reuters) – China’s Alibaba Group Holding Ltd posted a 2% rise in quarterly revenue that missed expectations on Thursday and…
Exclusive-India, UK still far apart on free trade deal – sources
By Shivangi Acharya, Aditi Shah and Aftab Ahmed NEW DELHI (Reuters) – India and Britain are struggling to make progress…
U.S. existing home sales post second straight monthly decline
WASHINGTON (Reuters) – U.S. existing home sales fell for a second straight month in April, with prices rising in roughly…
Grab’s soft delivery sales overshadow improving bottomline
(Reuters) – Grab Holdings Ltd said on Thursday that an early Ramadan weighed on sales at its delivery business, taking…
‘Big money never buys cheap’: Why investors are waiting on Japan
By Summer Zhen HONG KONG (Reuters) – As Japan’s stock market roars to multi-decade highs, large investors with long memories…
Analysis-GM’s 2025 EV output could be crimped by battery bottleneck
By Paul Lienert (Reuters) – General Motors has said it will have the capacity to build 1 million electric vehicles…