United Airlines CEO says US in a ‘business recession’ but consumers ‘strong’
By Aditi Shah and Tim Hepher ISTANBUL (Reuters) -The United States is in a “business recession” but the consumer is…
Europe
Global equity funds suffer seventh straight week of outflows
(Reuters) – Global equity funds saw a seventh straight week of outflows in the seven days to May 31 on…
Hedge funds drop European stocks for US and Japan, analysts say
By Nell Mackenzie LONDON (Reuters) – Hedge funds ditched European equities last week for stocks in the United States and…
Russia says it sees ‘no prospects’ for further grain deal renewal
(Reuters) – Russia’s foreign ministry said on Monday that it saw no prospects for extending the Black Sea grain export…
Russia says it thwarted major Ukrainian offensive, Kyiv says Moscow spreads lies
By Guy Faulconbridge MOSCOW (Reuters) -Russia said on Monday its forces had thwarted a major Ukrainian offensive at five points…
Higher wage costs force UK services firms to push up prices: PMI
By Suban Abdulla LONDON (Reuters) – British services firms reported the strongest input cost pressures in three months in May…
Explainer-Blood, treasure and chaos: the cost of Russia’s war in Ukraine
By Guy Faulconbridge MOSCOW (Reuters) – Russia’s 2022 invasion of Ukraine has left tens of thousands of dead, displaced millions…
France rolls out the red carpet for EV battery factories
By Elizabeth Pineau, Gilles Guillaume and Michel Rose PARIS – For French President Emmanuel Macron, it was a light-bulb moment….
Casino bankruptcy event has not occurred – CDS committee
By Chiara Elisei LONDON(Reuters) – A European derivatives committee said on Monday that a bankruptcy credit event has not occurred…
Marketmind: Jobs glow, crude pops, dollar lifts
A look at the day ahead in U.S. and global markets from Mike Dolan World markets retained a warm afterglow…