IMF deputy urges Sri Lanka to keep up momentum on economic reforms
WASHINGTON (Reuters) – Sri Lanka is showing a “strong commitment” to implementing economic reforms but must continue this momentum amid…
Economy
Brazil lifts 2023 growth outlook thanks to booming farm sector
By Marcela Ayres BRASILIA (Reuters) – Brazil’s economy rebounded more than expected in the first quarter, powered by a booming…
Bank of America CEO sees investment banking and trading staying flat in Q2
NEW YORK (Reuters) – Bank of America Corp expects investment banking fees and trading revenues to be broadly flat this…
Brazil posts record trade surplus in May on surging exports
BRASILIA (Reuters) – Brazil posted a $11.4 billion trade surplus in May, marking a record for any given month since…
Oil rises 3% on US debt ceiling progress, traders on alert for OPEC+ meeting
By Shariq Khan BENGALURU (Reuters) -Oil prices rose on Thursday by the most in two weeks ahead of an OPEC+…
Apple denies surveillance claims made by Russia’s FSB
(Reuters) – Apple Inc is denying claims made by Russia’s Federal Security Service (FSB) that it cooperated with American spies…
Fed should stop raising rates, at least in June -Harker
By Ann Saphir (Reuters) – U.S. central bankers should not raise interest rates at their next meeting, Philadelphia Federal Reserve…
GQG adds more Nvidia as chipmaker has a ‘new leg’, says CIO
By Carolina Mandl NEW YORK (Reuters) -A big buyer of Nvidia Corp’s shares in the first quarter, Australia-listed investment firm…
In Moldova, Zelenskiy presses NATO bid, seeks interim guarantees
By John Irish and Andrew Gray BULBOACA, Moldova (Reuters) -President Volodymyr Zelenskiy pressed his case on Thursday for Ukraine to…
Peru’s inflation rate dips slightly in May but still above forecast
LIMA (Reuters) – Peru’s inflation rate based on the metropolitan region of the capital Lima fell to 0.32% in May,…