Surprise UK wage jump raises likelihood of higher interest rates
By Andy Bruce LONDON (Reuters) -British wage growth soared and employment also jumped in the three months to April, raising…
Europe
Odey Asset Management freezes funds as clients pull money, prime brokers flee
By Nell Mackenzie LONDON (Reuters) -Odey Asset Management (OAM) is closing one fund and restricting money clients can pull from…
Sudanese refugees in Chad risk losing aid as rainy season looms, says MSF
N’DJAMENA (Reuters) – Thousands of Sudanese refugees who fled to Chad to escape fighting in their country could be cut…
Factbox-Analysts bet bumper Turkish rate hikes on the way
LONDON (Reuters) – Analysts at leading investment banks expect Turkey’s new economic chiefs to start ramping up interest rates next…
‘Goodbye President’: Berlusconi fans pay tribute to late leader
By Cristiano Corvino MILAN (Reuters) -Supporters of former prime minister Silvio Berlusconi gathered outside his villa near Milan on a…
Accenture looks to power AI efforts with $3 billion investment
(Reuters) – Accenture said on Tuesday it will invest $3 billion over three years into its data and AI practice,…
Romanian prosecutors change human trafficking charge against Andrew Tate
BUCHAREST(Reuters) – Romanian prosecutors said on Tuesday that social media influencer Andrew Tate, his brother Tristan and two other suspects…
Exclusive-Pakistan paid in Chinese currency for discounted Russian oil – minister
By Ariba Shahid and Asif Shahzad ISLAMABAD (Reuters) -Pakistan paid for its first government-to-government import of discounted Russian crude oil…
IKEA bets on remote interior design as AI changes sales strategy
By Helen Reid LONDON (Reuters) – IKEA is training call centre workers to become interior design advisers as the Swedish…
Marketmind: Inflation anxiety, yet S&P 500 keeps on running
A look at the day ahead in U.S. and global markets from Samuel Indyk. Jerome Powell and his band of…