By Kylie Madry MEXICO CITY (Reuters) – Mexico brought in close to $5.7 billion in remittances in May, central bank data showed on Monday, breaking a monthly record that analysts cautioned was softened by the recent strength of the peso versus the dollar. While Mexico records remittances in dollars, as most of the funds come…
BRUSSELS (Reuters) – NATO members are expected to agree on Tuesday to extend the term of Secretary General Jens Stoltenberg for a further year, according to four diplomats. The decision has been widely signaled in recent weeks but ambassadors to NATO are expected to formally approve the extension during a meeting on Tuesday, said the…
GENEVA (Reuters) – The heads of the World Bank and the World Trade Organization on Monday called for countries to boost efforts to make trade in global services more transparent and predictable, saying this could help developing countries reduce poverty. Services such as tourism and telecommunications generate more than two-thirds of global GDP but barriers…
HONG KONG (Reuters) – Hong Kong’s May retail sales rose 18.4% from a year earlier in the sixth consecutive month of growth thanks to the revival of inbound tourism and positive consumption sentiment which should support growth in coming months, the government said on Monday. Sales increased to HK$34.5 billion ($4.40 billion). That compared with…
A look at the day ahead in U.S. and global markets from Mike Dolan A holiday-staggered week for U.S. markets looks like picking up where a bumper first half of the year ended on Friday, with Tesla wowing the gallery with impressive delivery stats. Tesla stock zoomed 5% higher ahead of Monday’s open, beating forecasts…
By John Kruzel WASHINGTON (Reuters) – In its decision permitting an evangelical Christian web designer to refuse service for same-sex weddings, the U.S. Supreme Court again embraced an expansive view of religious interests at the expense of protections for LGBT people. In a 6-3 ruling on Friday powered by its conservative majority, the court backed…
By Andrew Osborn LONDON (Reuters) – Dmitry Medvedev, Russia’s former president, has warned that Moscow’s confrontation with the West will last decades and that its conflict with Ukraine could become permanent. Medvedev, once seen in the West as a liberal moderniser, has emerged as one of Russia’s most outspoken hawks since Moscow launched what it…
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to Beijing from July 6-9 for meetings with senior Chinese officials on a broad range of issues, including U.S. concerns about a new Chinese counterespionage law, a senior Treasury official said on Sunday. Yellen’s long-anticipated trip is part of a push by…
By Johan Ahlander KARLSKRONA, Sweden (Reuters) – When Sweden joins NATO, it will help the alliance redress its vulnerability in northwest Europe – the Baltic Sea, a shared waterway with Russia with a bottleneck for access to ports in eight states including Germany. Sweden’s key to keeping the waters navigable in a conflict is its…
By Lucy Craymer WELLINGTON (Reuters) – New Zealand Prime Minister Chris Hipkins trod a careful line on his first trip to China last week as leader, focusing on trade and economic opportunities but avoiding contentious issues such as human rights abuses in Xinjiang or security concerns. Barely three months out from what looks likely to…
