US envoy visits Gulf to help expand Yemen truce, launch peace process -State Dept
WASHINGTON (Reuters) – The U.S. Special Envoy for Yemen will visit the Gulf on Monday “to advance ongoing un-led efforts…
Target set to post first quarterly revenue drop in six years as consumers cut spending
By Granth Vanaik (Reuters) – Target is expected to post its first quarterly drop in revenue in about six years…
Lula says wants US investments in Brazil to drive energy transition
SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Monday he hopes for the United States…
Apple supplier Foxconn cautious despite beating earnings forecasts
By Sarah Wu and Faith Hung TAIPEI (Reuters) -Apple supplier Foxconn beat estimates for second-quarter earnings on Monday thanks to…
Uncertainty mounts in Argentina as far-right wins in primary vote
(Reuters) – Argentine radical far-right economist Javier Milei has unexpectedly won the country’s primary vote, shaking up the race for…
Airlines, hotels branch out with experiences to lure travelers
By Doyinsola Oladipo NEW YORK (Reuters) – Casino operator MGM Resorts International is finding Formula One’s inaugural stop in Las…
India’s ‘bad bank’ sees loan transfers dwindle on valuation, liability woes -sources
By Siddhi Nayak MUMBAI (Reuters) – India’s so-called ‘bad bank’ set up to buy legacy stressed loans from the country’s…
Bank of China starts nationwide move to reduce salary gap among employees, manager levels -sources
BEIJING (Reuters) – Bank of China Ltd, China’s fourth-largest lender by assets, has launched a countrywide exercise to reduce the…
A smooth ‘last mile’ to 2% inflation may not be a stretch for Fed
By Howard Schneider WASHINGTON (Reuters) – Pessimists watching the Federal Reserve battle inflation have focused on the so-called “last-mile” problem,…
Marketmind: Bonds bruised, China stocks and rouble sink
A look at the day ahead in U.S. and global markets from Mike Dolan A bruising August for bonds continues…