Peru’s GDP grows 0.31% in April, misses expectations
LIMA (Reuters) – Peru’s gross domestic product (GDP) expanded 0.31% in April compared with the same month last year, the…
US leaders urge allies to ‘dig deep’ with arms for Ukraine’s ‘difficult fight’
By Andrew Gray and Sabine Siebold BRUSSELS (Reuters) -Top U.S. defence officials said on Thursday Ukraine faces a tough fight…
Generali to buy Liberty Mutual’s Spanish Unit in $2.5 billion all-cash deal
ROME (Reuters) -Generali will buy out the Spanish unit of U.S. insurer Liberty Mutual for 2.3 billion euros ($2.51 billion),…
Tesla: German plant reducing shifts, production targets on track
By Victoria Waldersee BERLIN (Reuters) -Tesla will hire fewer temporary workers at its plant outside Berlin than it did in…
ECB raises rates to 22-year high, in no mood to pause
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank raised borrowing costs to their highest level in…
Canada’s housing data shows recovery accelerating before rate hike
By Fergal Smith TORONTO (Reuters) – Canada’s housing market showed further signs of recovery in May following a yearlong slump,…
Italy reassessing GLAM scheme to handle state-guaranteed loans, sources say
By Giuseppe Fonte and Valentina Za ROME (Reuters) – Italy is reassessing how it plans to deal with billions of…
Boris Johnson deliberately misled parliament, says UK report dubbed ‘a charade’ by ex-PM
By Elizabeth Piper and William James LONDON (Reuters) -Boris Johnson deliberately misled the British parliament in an unprecedented way over…
Russian officials seek to streamline budget spending, but disagree on tax hikes
By Darya Korsunskaya and Alexander Marrow MOSCOW (Reuters) – Faced with a $42 billion budget hole so far this year,…
Tentative US West Coast port contract deal reached, union and employers say
By Lisa Baertlein and Kanjyik Ghosh (Reuters) -The Longshore union and employers of 22,000 dockworkers at U.S. West Coast ports…