Australia inflation slows in Q1, market leans against rate hike
By Wayne Cole SYDNEY (Reuters) -Australian inflation eased from 33-year highs in the first quarter as the cost of living…
Economy
Bank of Mexico likely to consider holding key interest rate steady
MEXICO CITY (Reuters) – The Bank of Mexico’s governing board may consider keeping its benchmark interest rate steady at its…
BOJ’s Ueda sees tough balance in combating cost-push inflation
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank’s response to cost-push…
Microsoft results top forecasts, shares jump 8% as AI juices sales
By Yuvraj Malik and Jane Lanhee Lee (Reuters) -Microsoft Corp beat Wall Street’s estimates for quarterly revenue and profit on…
World Bank Chief Economist Gill calls for new approaches to address ‘debt crisis’
By Andrea Shalal WASHINGTON (Reuters) – World Bank Chief Economist Indermit Gill is calling for new approaches to address the…
UK’s Pret hikes price of coffee subscription service, offers food discount
LONDON (Reuters) – British sandwich and coffee chain Pret A Manger has raised the price of its monthly coffee subscription…
World Bank: Global migration to grow, needs better management
By David Lawder WASHINGTON (Reuters) – Rapid aging of both wealthy and middle-income countries will make their economies increasingly dependent…
Cargill needs months to fully cut out US firm fined for child labor
By Tom Polansek CHICAGO (Reuters) -Cargill Inc will need months to fully sever ties with a U.S. company fined for…
Chrysler-parent Stellantis looks to trim around 3,500 hourly U.S. jobs – union letter
By David Shepardson WASHINGTON (Reuters) – Chrysler-parent Stellantis NV wants to cut approximately 3,500 hourly U.S. jobs and is offering…
Wall Street sinks as weak earnings fan fears of economic slowdown
By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – Wall Street’s major averages suffered their deepest declines so far…