Japan’s factory activity hampered by weak demand – PMI
TOKYO – Japan’s manufacturing activity fell back into contraction in June and service sector growth slowed for the first time…
Economy
US FTC argues Microsoft’s deal to buy Activision should be blocked
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Thursday argued in federal court for a preliminary injunction…
US, India agree to terminate six disputes at WTO -US statement
WASHINGTON (Reuters) – The U.S. and India have agreed to terminate six outstanding disputes at the World Trade Organization, the…
QUOTES: Biden, Modi take careful aim at China, Russia in joint statement
WASHINGTON (Reuters) – The United States and India declared themselves “among the closest partners in the world” on Thursday during…
Nasdaq to sell debt worth $5 billion to fund Adenza deal
(Reuters) – Nasdaq said on Thursday it aims to sell debt worth $5.07 billion to fund its purchase of Thoma…
Brazil unveils compensation funds in proposed tax reform
BRASILIA (Reuters) -Brazil’s proposed tax reform will include compensation funds to benefit states that lose money under the changes, the…
BlackRock announces fresh layoffs impacting less than 1% of staff – memo
By Anirudh Saligrama (Reuters) – BlackRock has announced layoffs that would impact less than 1% of its workforce as a…
Wall Street ends higher as Powell wraps up testimony
By Stephen Culp (Reuters) – The S&P 500 and the Nasdaq closed higher on Thursday as U.S. Federal Reserve Chairman…
Citi will hold employees ‘accountable’ for office attendance -statement
NEW YORK (Reuters) – Citigroup will start holding employees “accountable” for compliance with hybrid work model rules, the bank said…
Tunisia tells IMF conditions for financial support risk unrest
(Reuters) – Tunisia’s President Kais Saied told the International Monetary Fund’s managing director that the fund’s conditions to provide financial…