Hong Kong March retail sales jump 40.9% in fourth month of growth
HONG KONG (Reuters) -Hong Kong’s March retail sales rose 40.9% from a year earlier, the second biggest percentage rise on…
Updated
IMF to discuss Pakistan’s budget plans in fresh hurdle to funding
By Ariba Shahid KARACHI (Reuters) -The International Monetary Fund (IMF) is preparing to discuss Pakistan’s budget plans for the coming…
French antitrust body tells Meta to change conditions for access to ad verification
PARIS (Reuters) -France’s antitrust watchdog on Thursday gave Facebook-owner Meta two months to change its access rules for ad verification…
Police arrest suspect in fatal mass shooting at Atlanta medical center
By Rich McKay ATLANTA (Reuters) -Police have arrested a former U.S. Coast Guardsman suspected of killing one person and wounding…
Novo Nordisk cuts some US supply of obesity drug Wegovy to cope with demand
By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Danish drug developer Novo Nordisk said it would have to halve the supply of starter…
Analysis-Fed’s hiking pause may not signal all-clear for US stocks
By Lewis Krauskopf and David Randall NEW YORK (Reuters) – The end of a market-punishing rate hiking cycle may be…
Volvo Cars to axe 1,300 jobs as it steps up cost cuts
COPENHAGEN (Reuters) -Volvo Cars will lay off around 1,300 office-based employees in Sweden as it steps up cost cutting, the…
Volkswagen sees growing competition ahead as revenue jumps on Europe, US
By Victoria Waldersee BERLIN (Reuters) -Volkswagen sees higher competition later this year as supply chain bottlenecks ease and China’s electric…
Ukraine says Russian drones downed over Kyiv, Odesa university campus hit
(Reuters) -Russia fired two dozen combat drones at Ukraine early on Thursday, striking a university campus in the Black Sea…
WFP suspends food aid to Ethiopia’s Tigray over reported thefts
By Dawit Endeshaw ADDIS ABABA (Reuters) -The U.N. World Food Programme has paused food distribution in Ethiopia’s war-ravaged Tigray region…