Oil prices ease as economic fears overshadow Saudi output cut
By Scott DiSavino NEW YORK (Reuters) -Oil prices eased about 1% on Tuesday as worries that sluggish global economic growth…
Economy
Canada’s Ivey PMI falls to three-month low in May
TORONTO (Reuters) – Canadian economic activity expanded in May at the slowest pace in three months, Ivey Purchasing Managers Index…
Citadel portfolios post gains in May -investor
NEW YORK (Reuters) – U.S. hedge fund Citadel’s flagship portfolio posted a 6.14% return in the first five months of…
US bond giant PIMCO sees chance to expand lending after banking turmoil
By Davide Barbuscia NEW YORK (Reuters) – PIMCO said on Tuesday that this year’s banking turmoil has created opportunities for…
Stocks edge up as Aussie hike provides rates reminder
By Marc Jones and Koh Gui Qing LONDON/NEW YORK (Reuters) – World shares edged higher on Tuesday as investors mulled…
Russian budget deficit narrows to $42 billion after May surplus
By Darya Korsunskaya and Alexander Marrow (Reuters) -Russia recorded a marginal budget surplus in May, enabling it to slightly reduce…
JPMorgan’s Jamie Dimon says he won’t seek office as he meets with US House Democrats
By Moira Warburton WASHINGTON (Reuters) -JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Tuesday that he was…
Pharma giant Novo Nordisk lifts European shares
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European main share indices rose on Tuesday, supported by a jump in…
Brazil’s cenbank did not participate in govt’s consumer debt renegotiation program design
BRASILIA (Reuters) – Brazil’s central bank abstained from involvement in developing the government’s comprehensive consumer debt renegotiation program unveiled on…
Pirelli CEO wants to limit Chinese influence on tyremaker-WSJ
ROME (Reuters) – The long-serving chief executive of Pirelli has warned that the tyremaker’s independence is at stake because of…