German engineering orders back to double-digit drop in April – VDMA
BERLIN (Reuters) – German engineering companies’ order books fell significantly in April, reversing the “small ray of hope” seen in…
Foxconn’s May sales drop 9.5% y/y on smartphone weakness
TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler for Apple Inc, said on…
Analysis-Smaller UK firms attractive targets for PE buyouts
By Shristi Achar A and Johann M Cherian (Reuters) – Even as higher costs of borrowing continue to choke dealmaking,…
California probing whether Florida sent migrant flight to Sacramento
(Reuters) – California’s attorney general is investigating whether the government of the state of Florida played any role in sending…
UBS to retain more than 100 Credit Suisse bankers in Asia -source
By Mrinmay Dey and Scott Murdoch (Reuters) -UBS Group AG is looking to retain more than 100 Credit Suisse Group…
Biden signs debt limit bill, avoiding U.S. default
By Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden on Saturday signed a bill that suspends the U.S. government’s $31.4 trillion…
Federal judge rejects Tennessee drag show ban as unconstitutional
By Timothy Gardner WASHINGTON (Reuters) – A federal judge has ruled that Tennessee’s law restricting drag performances in public or…
Texas becomes largest state to ban transgender care for minors
By Daniel Trotta (Reuters) – Texas Governor Greg Abbott on Friday signed a bill that bans transgender healthcare including puberty…
China’s services activity picks up in May on improved demand- Caixin PMI
BEIJING (Reuters) – China’s services activity picked up in May, a private-sector survey showed on Monday, as a rise in…
Japan’s Nikkei closes at 33-year high; firm Wall Street lifts appetite
TOKYO (Reuters) – Japan’s Nikkei share average closed at its highest in 33 years on Monday as gains on Wall…