New Zealand set to reveal bigger deficit in ‘no frills’ 2023-24 budget
By Lucy Craymer WELLINGTON (Reuters) – New Zealand Labour government is set to reveal a worse budget bottom line and…
Economy
Colombia’s Grupo SURA nearly doubles profits in first quarter
(Reuters) – Net profit at Grupo SURA, Colombia’s largest investment company, almost doubled in the first quarter compared to the…
Wall Street advances, Treasury yields rise as debt-ceiling debate rolls along
By Stephen Culp NEW YORK (Reuters) – U.S. stocks slouched to a higher close on Monday, and benchmark Treasury yields…
Australia’s central bank hiked in May due to inflation risks, more raises may be required
SYDNEY(Reuters) – Australia’s central bank decided to hike at its May meeting due to inflation risks from weak productivity growth,…
Rudy Giuliani sued for $10 million by former aide over alleged sexual assault
By Jonathan Stempel NEW YORK (Reuters) -A former associate of Rudy Giuliani is suing him for sexual assault, accusing Donald…
Australian consumer mood bleak in May after surprise rate hike, budget
SYDNEY (Reuters) -A measure of Australian consumer sentiment fell in May after a surprise hike in interest rates by the…
Biden, House Republicans prepare for critical US debt-ceiling talks
By David Morgan, Jeff Mason and Andy Sullivan WASHINGTON (Reuters) -President Joe Biden and Republican House of Representatives Speaker Kevin…
Stellantis blocks battery plant construction as more support sought
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Automaker Stellantis has stopped construction at a more-than C$5 billion ($3.7 billion)…
Volatile banking sector saw big moves from funds in first quarter
By David Randall and Carolina Mandl NEW YORK (Reuters) -Fund managers zeroed in on the U.S. financial sector during the…
Dow, S&P edge up as data, debt ceiling curb gains
By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 and the Dow ended with modest gains on Monday after…