By Lisa Richwine LOS ANGELES (Reuters) – A search for Wes Anderson on YouTube turns up trailers that the famed director with a distinctive style appears to have made for adaptations of “Star Wars,” “Harry Potter” and “The Lord of the Rings” featuring Bill Murray, Scarlett Johansson and other stars. Artificial intelligence allowed people with…
By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Thursday told incoming World Bank Group President Ajay Banga to “get the most out of the bank’s balance sheet” and mobilize more private capital for climate finance and global development objectives, the Treasury said. During a meeting with Banga a day before the former…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are looking for a positive end to the week on Friday following a solid rally on Wall Street the day before, as the U.S. debt ceiling vote passed its first congressional hurdle and hopes rose that…
(Reuters) – Australian No. 2 supermarket chain Coles Group Ltd said on Friday it would take an additional provision of A$25 million ($16.96 million) to compensate underpaid salaried employees. Coles said in a statement that it intends to conduct a further remediation on the available records of days and hours of work of its salaried…
SEOUL (Reuters) – South Korea’s economy grew 0.3% in the first quarter from the previous quarter, revised central bank data showed on Friday, matching its earlier estimate in April. The expansion in the country’s gross domestic product during the January-March period followed a 0.3% contraction in the last three months of 2022, which was the…
By Herbert Lash and Shreyashi Sanyal (Reuters) – The Nasdaq and S&P 500 surged to nine-month closing highs on Thursday as signs of slowing wage pressure raised hopes the Federal Reserve will pause hiking interest rates and investors cheered a vote in Congress to suspend the U.S. debt ceiling. The number of Americans filing new…
WASHINGTON (Reuters) – The U.S. Senate is debating a bill brokered by President Joe Biden and House Speaker Kevin McCarthy that lifts the government’s $31.4 trillion debt ceiling while imposing spending caps and cuts on Biden’s plan to boost funding for the IRS to audit wealthy Americans, among other things. The Republican-controlled House of Representatives…
By Junko Fujita and Ankur Banerjee TOKYO/SINGAPORE (Reuters) -As foreigners pile into Japan’s steepest stock market rally in years, local investors have been furiously cashing out or even betting against what many see as the beginning of a long-overdue era of profitability and returns. The Nikkei share average’s closed out its best month in 2-1/2…
By Rodrigo Campos and Jorgelina do Rosario NEW YORK/LONDON (Reuters) -A bill backed by debt justice campaigners and civil society groups advocating on behalf of economically distressed countries could alter past and future sovereign debt restructurings covered by New York state law – and Wall Street is watching. With a week left in this year’s…
By Kylie Madry MEXICO CITY (Reuters) – Latin American property technology startup Tuhabi is set to receive a $50 million credit line from the Inter-American Development Bank’s (IDB) financing arm, which it will use to ramp up operations in Mexico, the company said Thursday. The funds for the so-called unicorn, a startup with a valuation…
