Category Archives:
US wholesale inventories revised higher in May
WASHINGTON (Reuters) - U.S. wholesale inventories were unchanged in May after declining for two straight months, suggesting inventory investment could support economic growth in the second quarter. Th...
Jul 10, 2023
Motor racing-Verstappen keeps winning but his rivals keep changing
By Alan Baldwin LONDON (Reuters) - Max Verstappen is running away with the Formula One championship to such an extent that the Red Bull driver no longer seems sure who his main rival is. Team mate Ser...
Jul 10, 2023
Fed’s Barr lays out plan to order more capital for large U.S. banks
By Pete Schroeder WASHINGTON (Reuters) - The Federal Reserve's top regulatory official laid out a sweeping plan to increase capital requirements for the nation's largest banks, saying recent bank fail...
Jul 10, 2023
Tennis-Medvedev into last eight for first time after Lehecka retires injured
By Clare Lovell LONDON (Reuters) - Russian third seed Daniil Medvedev reached the Wimbledon quarter-finals for the first time on Monday when his fourth-round opponent Jiri Lehecka retired injured afte...
Jul 10, 2023
Meta’s Twitter rival Threads hits 100 million users in record five days
(Reuters) - Meta Platforms' Twitter rival Threads crossed 100 million sign-ups in five days, CEO Mark Zuckerberg said on Monday, dethroning ChatGPT as the fastest online platform to hit the milestone....
Jul 10, 2023
Cigna to add three Humira biosimilars to drug reimbursement list
(Reuters) - Cigna Group's Express Scripts said on Monday it would add three Humira biosimilars drugs from German drugmaker Boehringer and Swiss company Novartis to its list of preferred drugs. The bio...
Jul 10, 2023
On eve of NATO meet, Ukrainian troops eye more help amid tough fighting
By Max Hunder and Vitalii Hnidyi DONETSK REGION, Ukraine (Reuters) - On the eve of a key NATO summit in Vilnius, Ukrainian soldiers fighting fierce and costly battles called on the alliance to conside...
Jul 10, 2023
EU announces new U.S. data transfer pact, but challenge ahead
By Foo Yun Chee BRUSSELS (Reuters) - The European Commission announced on Monday a data transfer agreement with the United States after Europe's top court annulled two previous pacts that underpinned ...
Jul 10, 2023
Fitch upgrades Pakistan’s sovereign rating to CCC after IMF deal
By Asif Shahzad ISLAMABAD (Reuters) - Fitch credit rating agency on Monday upgraded Pakistan's long-term foreign currency issuer default rating to CCC from CCC-, a positive sign for a country reeling ...
Jul 10, 2023
India raised questions over Foxconn-Vedanta chip incentive plan -source
BENGALURU (Reuters) - Taiwan's Foxconn pulled out of a semiconductor joint venture with Vedanta after India's government raised questions over its application for an incentive scheme for chip producti...
Jul 10, 2023
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