China’s April Service Sector Activity Contracts For Second Month – Official PMI
BEIJING (Reuters) – Activity in China’s services sector shrunk for the second straight month, an official survey showed on Saturday,…
Headlines
Thousands likely at Buffett’s meeting but not all are happy
OMAHA, Neb. (AP) — Tens of thousands of people are expected to pack an Omaha arena Saturday for Warren Buffett’s…
Russia makes last-minute bond payment to avoid default
NEW YORK (AP) — Russia staved off a default on its debt Friday by making a last-minute payment using its…
Disney’s Corporate Affairs Head, Morrell, To Leave Company
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney Co’s head of corporate affairs, Geoff Morrell, is leaving…
U.S. Dollar Net Long Bets Rise, Bitcoin Posts Largest Net Long Since CME Launch -CFTC, Reuters
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Speculators’ net long positioning on the U.S. dollar rose in the latest week,…
Wall Street Closes Sharply Lower On Amazon Slump, Inflation Worries
By Bansari Mayur Kamdar and Noel Randewich (Reuters) – Wall Street slid on Friday to its deepest daily losses since…
Chile’s Codelco Reports Q1 Pre-tax Profit Of $1.521 Billion
(Reuters) – Chilean copper producer Codelco posted on Friday a first quarter pre-tax profit of $1.521 billion, a 7% decrease…
Canada Records Second Surplus Of Fiscal 2021/22 In February As Year-to-date Deficit Continues To Shrink
By Julie Gordon OTTAWA (Reuters) – Canada recorded its second surplus of fiscal 2021/22 in February, as its budget deficit…
Musk sells $8.5B in Tesla stock as he readies to buy Twitter
In the three days after Elon Musk engineered a deal to buy Twitter, he sold roughly $8.5 billion worth of…
Dollar Dips, U.S. Stocks Tumble On Inflation Concerns
By Sinéad Carew NEW YORK (Reuters) – The U.S. dollar index fell from 20-year highs and Wall Street equities sold…