China’s Services Activity Expands As Consumers Return – Caixin PMI
BEIJING (Reuters) – China’s service activity grew for a fourth straight month in April, a private-sector survey showed on Friday,…
Headlines
Oil Heads For Third Straight Weekly Loss As Economic Worries Persist
By Arathy Somasekhar (Reuters) – Oil prices held steady in early trading on Friday, but were set for a third…
ANZ Posts Half-year Cash Profit Above Estimates, But Outlook Downbeat
By Savyata Mishra (Reuters) – ANZ Group Holdings Ltd on Friday edged past expectations with a 22.8% rise in first-half…
Crypto Exchange Coinbase Posts Smaller Loss On Cost Cuts, More Revenue Sources
By Mehnaz Yasmin (Reuters) -Cryptocurrency exchange Coinbase Global Inc posted a smaller-than-feared loss in the first quarter, benefiting from cost…
Fed Data Shows Failed Bank First Republic Was Key Central Bank Borrower
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve data on Thursday showed a large part of the central…
Icahn Enterprises To Distribute $2 Per Depositary Unit Days After Hindenburg Report
(Reuters) – Icahn Enterprises said on Thursday that it plans to give away $2 per depositary unit for the quarter…
Dollar Gains, Euro Dips After Cautious ECB
By Karen Brettell NEW YORK (Reuters) – The dollar rose on Thursday against the euro after the European Central Bank…
PacWest, Western Alliance Stocks Plunge As US Regional Banking Woes Worsen
By Medha Singh, Chibuike Oguh (Reuters) -Shares of PacWest Bancorp and Western Alliance Bancorp shares plunged on Thursday, dragging other…
Biden Meets Microsoft, Google CEOs On AI Dangers
By Nandita Bose and David Shepardson WASHINGTON (Reuters) -President Joe Biden attended a White House meeting with CEOs of top…
Starbucks Pushes Appeal In Memphis Union Case; US Labor Tactics Scrutinized
By Daniel Wiessner (Reuters) – U.S. appeals court judges on Thursday expressed skepticism that Starbucks Corp hurt a union organizing…