By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence slipped to a six-month low in May as Americans’ assessment of the labor market softened, but more households planned to pu[...]
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May 30, 2023
Yen stronger post-emergency meeting, dollar stays lower
By Hannah Lang WASHINGTON (Reuters) – Currency markets were choppy on Tuesday as the dollar hit a 10-week high against peers and a six-month top versus the yen before retreating after Japanese o[...]
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Oil slides 4% on worries about US debt ceiling, OPEC+ talks
By Stephanie Kelly NEW YORK (Reuters) – Oil prices fell more than 4% on Tuesday on concerns about whether the U.S. Congress will pass the U.S. debt ceiling pact and as mixed messages from major[...]
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Colombia’s central bank could end rate hikes if inflation slows more -board chief
BOGOTA (Reuters) – Colombia’s central bank could call time on its upward monetary cycle after inflation in Latin America’s fourth-largest economy slowed in May, bank board chief Leon[...]
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High inflation fails to boost most UK companies’ profits
By David Milliken LONDON (Reuters) – Britain’s highest inflation in four decades failed to boost company profits last year, with the exception of oil and gas extractors who benefited from[...]
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Euro zone lending takes another hit from higher rates
FRANKFURT (Reuters) – Euro zone bank lending slowed again in April, supporting the case for careful interest rate hikes in the months ahead as weak growth and surging borrowing costs are already[...]
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UK scrutinises supermarket profits as food prices stay high
By Muvija M LONDON (Reuters) – Britain’s competition regulator told supermarkets on Tuesday it was looking at their earnings to identify which supply chains it needed to examine more close[...]
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Brazil central govt primary surplus drops nearly 50% in April
BRASILIA (Reuters) – Brazil’s central government primary budget surplus dropped by 48.3% in April in real terms from the same period last year, Treasury figures showed on Tuesday, on the b[...]
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France says it backs ongoing talks between Tunisia and IMF
PARIS (Reuters) – France backs the ongoing talks between Tunisia and the International Monetary Fund, the foreign ministry said on Tuesday, as the cash-strapped North African country eyes a key[...]
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