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IMF deputy urges Sri Lanka to keep up momentum on economic reforms
WASHINGTON (Reuters) - Sri Lanka is showing a "strong commitment" to implementing economic reforms but must continue this momentum amid a challenging economic environment, International Monetary Fund ...
Syndicated Content Jun 01, 2023
Bank of America CEO sees investment banking and trading staying flat in Q2
NEW YORK (Reuters) - Bank of America Corp expects investment banking fees and trading revenues to be broadly flat this quarter, its CEO, Brian Moynihan, told investors at a conference on Thursday. The...
Syndicated Content Jun 01, 2023
Brazil posts record trade surplus in May on surging exports
BRASILIA (Reuters) - Brazil posted a $11.4 billion trade surplus in May, marking a record for any given month since the data series began in 1989, official data showed on Thursday. The figure also cam...
Syndicated Content Jun 01, 2023
Dell’s quarterly revenue drops 20% on weak PC demand
(Reuters) -Dell Technologies Inc's revenue fell for a third straight quarter on Thursday as demand for desktops and laptops cooled following a pandemic rush for work-from-home equipment. Its shares we...
Syndicated Content Jun 01, 2023
Apple denies surveillance claims made by Russia’s FSB
(Reuters) - Apple Inc is denying claims made by Russia's Federal Security Service (FSB) that it cooperated with American spies to surveil Russian iPhone users. In a statement, the company said it has ...
Syndicated Content Jun 01, 2023
Biden trips and falls during graduation ceremony, recovers quickly
COLORADO SPRINGS, Colo. (Reuters) -President Joe Biden tripped and fell after handing out the last diploma at a graduation ceremony at the U.S. Air Force Academy on Thursday. The 80-year-old U.S. pres...
Syndicated Content Jun 01, 2023
Microsoft inks computing infra deal with CoreWeave – CNBC
(Reuters) - Microsoft Corp may spend billions of dollars over multiple years on computing infrastructure from start-up CoreWeave, CNBC reported on Thursday, citing people familiar with the matter. The...
Syndicated Content Jun 01, 2023
American Airlines’ reliance on partners faces test after court ruling
By Rajesh Kumar Singh CHICAGO (Reuters) - American Airlines' plan to grow revenue by relying more heavily on alliance partners to ferry passengers in uncompetitive markets while bulking up flights to ...
Syndicated Content Jun 01, 2023
Peru’s inflation rate dips slightly in May but still above forecast
LIMA (Reuters) - Peru's inflation rate based on the metropolitan region of the capital Lima fell to 0.32% in May, government data showed on Thursday, but the rate of creeping consumer prices still cam...
Syndicated Content Jun 01, 2023
US fines British Airways $1.1 million over delayed refunds
WASHINGTON (Reuters) - The U.S. Transportation Department (USDOT) said on Thursday it is fining British Airways $1.1 million for failing to provide timely refunds to passengers for flights to and from...
Syndicated Content Jun 01, 2023
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