U.S. Weekly Jobless Claims Jump To Highest Level Since Late 2021
WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits jumped last week to the highest level…
Reuters
Electric Vehicle Maker Polestar Lowers Production Guidance, Cuts Jobs
STOCKHOLM (Reuters) – Swedish electric vehicle (EV) maker Polestar said on Thursday it had lowered its 2023 production guidance and…
Italy’s Antitrust Watchdog Probes Apple Over Alleged App Market Abuse
ROME (Reuters) -Italy’s antitrust agency AGCM said on Thursday it had opened a probe into U.S. technology giant Apple for…
Germany’s Merck Flags Decline In Operating Profit Of Up To 10% In 2023
By Ludwig Burger FRANKFURT (Reuters) – Germany’s Merck KGaA on Thursday warned that adjusted operating earnings could decline by as…
Emirates Airline Creates $200 Million Aviation Sustainability Fund
DUBAI (Reuters) -Emirates airline said on Thursday it had committed $200 million to a research fund focusing on reducing the…
Marketmind: US Debt Drama Crashes Japan’s G7 Party
A look at the day ahead in European and global markets from Kevin Buckland. U.S. Treasury Secretary Janet Yellen is…
Analysis-Vast China-Russia Resources Trade Shifts To Yuan From Dollars In Ukraine Fallout
By Chen Aizhu SINGAPORE (Reuters) – China has dramatically increased use of the yuan to buy Russian commodities over the…
Philippines Q1 GDP Slows To 6.4%, But Faster Than Forecast
MANILA (Reuters) – The Philippine economy expanded 6.4% in the first quarter from a year earlier, the statistics agency said…
Biden Warns Of Recession Unless Republicans Back His Debt Ceiling Plan
By Nandita Bose VALHALLA, N.Y. (Reuters) -U.S. President Joe Biden piled pressure on Republican lawmakers on Wednesday to move quickly…
Grupo Mexico Nearing $7 Billion Deal For Citi’s Banamex Unit – Source
By Andres Gonzalez (Reuters) – Conglomerate Grupo Mexico is set to buy Citigroup Inc’s retail banking operations in Mexico for…