Canada’s economy gathered pace in May after stalling in April
By Ismail Shakil and Nivedita Balu OTTAWA (Reuters) -Canada’s economy regained momentum in May after stalling in April, Statistics Canada…
Global mergers and acquisitions plunge in Q2 but dealmakers see green shoots
By Anirban Sen and Andres Gonzalez NEW YORK/LONDON (Reuters) -Global mergers and acquisitions (M&A) activity fell 36% year-on-year in the…
US dollar share of global reserves edges up in Q1, euro’s share dips – IMF
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar’s share of currency reserves reported to the International Monetary Fund…
Euro zone inflation falls again in June as energy prices tumble
FRANKFURT (Reuters) – Inflation in the euro zone extended its decline in June as the cost of fuel tumbled, more…
Survivors of Greece boat disaster say coastguard rope toppled boat
MALAKASA/KALAMATA, Greece (Reuters) – Survivors of a boat disaster that likely killed hundreds of migrants near Greece have given accounts…
Fashion industry driving demand for green shipping, Maersk says
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Fashion brands are a key driver of demand for green shipping fuels, according to…
Instant View: US consumer spending edges up in May; inflation still high
(Reuters) – U.S. consumer spending slowed sharply in May, but persistently strong underlying inflation pressures could compel the Federal Reserve…
Fed’s path to more tightening a little less sure after inflation data
(Reuters) – The Federal Reserve is seen slightly less locked in to a July interest rate hike, traders bet on…
Joby receives FAA nod to begin flight testing of electric air taxi
(This June 28 story has been corrected to add that Archer received certification to conduct flight testing of its demonstrator…
Russia will emerge stronger after mutiny so no need to fret – foreign minister
By Guy Faulconbridge MOSCOW (Reuters) -Russia will emerge stronger after a failed mutiny by Wagner Group mercenaries so the West…