Category Archives:
New Zealand set to reveal bigger deficit in ‘no frills’ 2023-24 budget
By Lucy Craymer WELLINGTON (Reuters) - New Zealand Labour government is set to reveal a worse budget bottom line and economic outlook on Thursday as it delivers what it calls a "no frills" 2023-24 bud...
May 15, 2023
Dollar on back foot as U.S. default risk weighs
By Kevin Buckland TOKYO (Reuters) - The U.S. dollar remained under pressure on Tuesday, weighed down by the risk of a U.S. default as a standoff between Democrats and Republicans over raising the debt...
May 15, 2023
Australia’s central bank hiked in May due to inflation risks, more raises may be required
SYDNEY(Reuters) - Australia's central bank decided to hike at its May meeting due to inflation risks from weak productivity growth, persistently high services inflation and faster-than-forecast rental...
May 15, 2023
FTC to block Amgen’s deal to acquire Horizon Therapeutics – source
(Reuters) - The US Federal Trade Commission (FTC) is expected to file a lawsuit as early as Tuesday to block Amgen Inc's $27.8 billion deal to buy Horizon Therapeutics PLC, a person familiar with the ...
May 15, 2023
Oil prices extend gains on US plans to refill reserve, Canada’s wildfires
By Yuka Obayashi TOKYO (Reuters) - Oil prices rose for a second day early on Tuesday, as U.S. plans to purchase oil for the Strategic Petroleum Reserve (SPR) lent support while raging wildfires in Can...
May 15, 2023
Rakuten shares slump 6% on expected $2.2 billion new share issuance
TOKYO (Reuters) -Shares in Rakuten Group Inc fell 6% early on Tuesday, extending the previous day's sharp slide after Reuters reported the company would issue new shares to shore up its finances after...
May 15, 2023
Australian consumer mood bleak in May after surprise rate hike, budget
SYDNEY (Reuters) - A measure of Australian consumer sentiment fell in May after a surprise hike in interest rates by the Reserve Bank of Australia (RBA) and a "mildly disappointing" federal budget clo...
May 15, 2023
Nelson Peltz adds to Disney stake following share sale in Q1 – Bloomberg News
(Reuters) - Trian Fund Management's Nelson Peltz, the activist investor who launched and then abandoned a proxy fight earlier this year at Walt Disney Co, has recently added to his stake in the compan...
May 15, 2023
Nigeria needs $12 billion to clean up Bayelsa oil spills – report
By MacDonald Dzirutwe LAGOS (Reuters) - Nigeria needs $12 billion to clean up decades-old oil spills in southern Bayelsa state over a 12-year period, a new report said on Tuesday, and singled out Shel...
May 15, 2023
One worker dies, two injured in fire at Texas refinery
By Erwin Seba TEXAS CITY, Texas (Reuters) -One Marathon Petroleum worker died on Monday and two others were hospitalized in a fire at the company's Galveston Bay Refinery in Texas City, Texas, said pe...
May 15, 2023
Peoria, IL, USA
69 °F Thunderstorm In Vicinity
