China’s shrinking imports, slower exports growth darken economic outlook
By Joe Cash BEIJING (Reuters) – China’s imports contracted sharply in April, while exports rose at a slower pace, reinforcing…
Business
Duke Energy misses profit estimates as warm weather weighs on power usage
(Reuters) – Duke Energy Corp on Tuesday missed Wall Street estimates for first-quarter profit, as the gas and electric utilities…
Valero Energy CEO Joseph Gorder to step down, insider Riggs to succeed
(Reuters) – U.S. refiner Valero Energy Corp said on Tuesday CEO Joseph Gorder would step down from the role on…
Australia boasts rare budget surplus, before spending pressures intensify
By Wayne Cole SYDNEY (Reuters) -Australia’s Labor government boasted the first budget surplus in 15 years on Tuesday, as strong…
Apollo Global Q1 earnings fall 8%, missing estimates
By Chibuike Oguh NEW YORK (Reuters) – Apollo Global Management Inc said on Tuesday its first-quarter adjusted net income fell…
Explainer-How Disney’s and DeSantis’ dueling lawsuits might play out
By Tom Hals WILMINGTON, Delaware (Reuters) – Walt Disney Co and Florida Governor Ron DeSantis have been embroiled in an…
Drugmakers set strategy for legal fight against US pricing regulation
By Patrick Wingrove and Michael Erman (Reuters) – Some of the world’s biggest drugmakers are laying legal groundwork to fight…
UBS replaces CFO, keeps Credit Suisse’s Koerner in top team
By Oliver Hirt and Tomasz Janowski ZURICH (Reuters) -UBS Group said on Tuesday that Credit Suisse CEO Ulrich Koerner will…
Marketmind: Showdown on the ceiling
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan. Nothing is decided yet…
What to watch for in the Biden-McCarthy debt ceiling meeting
By Jarrett Renshaw and Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden meets Republican House Speaker Kevin McCarthy and…