Global money market funds attract heavy inflows as US debt ceiling looms
(Reuters) – Global money market funds drew inflows for a fifth straight week in the seven days to May 24…
Europe
Tina Turner honoured at lakeside Swiss home where she died
By Cecile Mantovani KUESNACHT, Switzerland (Reuters) – Well-wishers gathered outside the lakeside home of Tina Turner on Thursday to pay…
Erdogan defies predictions of political demise ahead of Turkey election runoff
By Can Sezer and Jonathan Spicer ISTANBUL (Reuters) – President Tayyip Erdogan has defied forecasts of his political demise in…
Italy’s UniCredit expands payments partnership with Mastercard
ROME (Reuters) – Italy’s second-largest bank UniCredit said on Friday it had entered into an enlarged payments partnership with Mastercard….
ECB’s Lane pushes back on core inflation worries
DUBROVNIK, Croatia (Reuters) – Falling energy prices will lower underlying inflation in the euro zone and rapid wage growth is…
Marketmind: Debt deal is near, Fed peak is not
A look at the day ahead in U.S. and global markets from Mike Dolan As the AI-led tech stock boom…
U.S. mountaineer climbs rare Everest ‘triple crown’ as death toll reaches 12
By Gopal Sharma KATHMANDU (Reuters) – A renowned U.S. mountain guide has achieved the rare Mount Everest region “triple crown”…
Grain trader Viterra in talks to merge with rival Bunge – source
By Anirban Sen and Karl Plume (Reuters) -Global grain trader Viterra is in talks to merge with U.S. rival Bunge…
Ukraine shoots down 10 missiles in Russian attacks, oil depot hit
By Olena Harmash and Gleb Garanich KYIV (Reuters) -Ukraine shot down 10 missiles and over 20 drones launched by Russia…
Insurers flee climate alliance after ESG backlash in the U.S
By Tommy Wilkes, Alexander Hübner and Tom Sims LONDON/FRANKFURT (Reuters) -A United Nations-convened climate alliance for insurers suffered at least…