Analysis-Investors see trouble ahead after Europe’s stellar first quarter
By Joice Alves LONDON (Reuters) – Big European companies have delivered significantly stronger than expected first-quarter results, defying a challenging…
US
Biden’s team reports ‘progress’ in US debt ceiling talks
By Jeff Mason HIROSHIMA, Japan (Reuters) -Democratic negotiators told President Joe Biden on Friday that they are making “steady progress”…
Hyundai, Kia agree to $200 million settlement over US car thefts
By David Shepardson WASHINGTON (Reuters) – Hyundai Motor and Kia Corp agreed to a consumer class-action lawsuit settlement worth $200…
Lazard CEO Jacobs set to step down, Orszag to take helm -source
By Anirban Sen NEW YORK (Reuters) -Lazard Ltd CEO Ken Jacobs is expected to step down from his role and…
North Korea criticises US, South Korea military drills as ‘nuclear blackmail’
By Hyonhee Shin SEOUL (Reuters) – North Korea accused the U.S. and South Korea of ramping up “nuclear blackmail” with…
US weighs suit against Korean Air’s planned acquisition of Asiana -Politico
WASHINGTON/SEOUL (Reuters) -The U.S. Justice Department is considering suing to block Korean Air’s planned acquisition of Asiana Airlines, Politico reported…
Democratic senators urge Biden to use 14th Amendment to avoid debt default
WASHINGTON (Reuters) -A group of U.S. Senate Democrats called on President Joe Biden to prepare to invoke the U.S. Constitution’s…
BOJ’s Ueda warns of market turmoil if US defaults on its debt
TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Friday a U.S. debt default could trigger market turmoil,…
U.S., G7 to unveil new sanctions targeting Russia over Ukraine
By Jeff Mason and Trevor Hunnicutt HIROSHIMA, Japan (Reuters) – The United States and the rest of the “Group of…
Disney cancels plans for $1 billion campus, 2,000 jobs in Florida
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney Co is scrapping plans to build a nearly $1…