IMF chief: Ukraine war and inflation threaten global economy
WASHINGTON (AP) — The head of the International Monetary Fund warned Thursday that Russia’s war against Ukraine was weakening the…
Headlines
Gasoline Lifts U.S. Retail Sales In March; Weekly Jobless Claims Rise
WASHINGTON (Reuters) – U.S. retail sales increased in March, mostly boosted by higher gasoline and food prices, but consumers are…
Turkey’s central bank keeps rate steady amid high inflation
ANKARA, Turkey (AP) — Turkey’s central bank on Thursday kept its main interest rate unchanged for a fourth month even…
US jobless claims rise but remain near a half-century low
WASHINGTON (AP) — The number of people seeking unemployment benefits ticked up last week but remained at a historically low…
Elon Musk Offers To Buy Twitter For $41 Billion
LONDON (Reuters) -Billionaire Elon Musk has offered to buy Twitter for about $41 billion, just days after rejecting a seat…
Goldman Sachs Profit Nearly Halves On Slowdown In Dealmaking
(Reuters) -Goldman Sachs Group Inc reported first-quarter profit that nearly halved on Thursday, as capital markets activity normalized from bumper…
Anti-virus shutdowns in China spread as infections rise
BEIJING (AP) — Anti-virus controls that have shut down some of China’s biggest cities and fueled public irritation are spreading…
Petrobras CEO-in-waiting Elected To Board After Weeks Of Turmoil
By Gram Slattery RIO DE JANEIRO (Reuters) – Shareholders in Brazil’s Petrobras have voted José Mauro Coelho onto its board,…
UBS Names New Manager For Embattled Asia Fund
By Xie Yu HONG KONG (Reuters) – UBS Group AG has appointed a new manager to oversee a $2 billion…
Elon Musk wants to buy Twitter, make it ‘maximally trusted’
In 10 days, Tesla CEO Elon Musk has gone from popular Twitter contributor and critic to the company’s largest individual…