US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet
By David Lawder, Trevor Hunnicutt, Andrea Shalal and David Morgan WASHINGTON (Reuters) – U.S. President Joe Biden on Monday summoned…
Business
Hollywood writers to strike as streaming shift upends TV business
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – Thousands of film and television writers will go on strike…
Hollywood studios say talks with writers have ended with no deal
LOS ANGELES (Reuters) – The group representing Hollywood studios in labor talks with film and television writers said in a…
UK factory activity shrinks in April but cost pressures ease -PMI
By Suban Abdulla LONDON (Reuters) – British factory output and new orders contracted at the start of the second quarter…
Qantas picks first female CEO as Alan Joyce prepares to depart
By Praveen Menon and Roushni Nair SYDNEY (Reuters) -Australia’s flagship carrier, Qantas Airways Ltd, on Tuesday named finance chief Vanessa…
Euro zone factory downturn deepened in April – PMI
(Reuters) – Euro zone factory activity contracted further last month, albeit not by as much as initially thought, while the…
Italy’s manufacturing sector contracts sharply in April – PMI
ROME (Reuters) – Italy’s manufacturing sector shrank in April, ending three months of growth, as production and new orders fell…
German makers of Leopard 2 tank settle legal dispute
DUESSELDORF (Reuters) – German arms makers Rheinmetall and Krauss-Maffei Wegmann have settled a legal dispute over the intellectual property rights…
German manufacturing contracts in April but output ticks up -PMI
BERLIN (Reuters) – Germany’s manufacturing sector contracted at the fastest rate in almost three years in April, although firms increased…
French manufacturing contracts further in April – final PMI
PARIS (Reuters) – France’s manufacturing sector contracted further in April as new orders fell and the impact of protests against…