WASHINGTON, July 13 (Reuters) – The U.S. government posted a $228 billion budget deficit for June, up 156% from a year earlier as revenues continued to weaken and…
Read more U.S. Treasury posts sharply higher $228 billion June deficitJuly 13 (Reuters) – The sale of struggling Silicon Valley startup zGlue’s patents in 2021 was unremarkable except for one detail: The technology it owned, designed to cut…
Read more Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategyJuly 13 (Reuters) – A threatened U.S. strike at United Parcel Service (UPS.N) could be “one of the costliest in at least a century,” topping $7 billion for…
Read more UPS strike could be costliest in US in a century, study saysMEXICO CITY, July 3 (Reuters) – The U.S. wants Mexico’s government to build strong institutions to protect worker rights as companies aiming to avoid supply chain disruptions in…
Read more As companies bring more jobs to Mexico, US wants labor rights safeguardsErdogan begins new five-year term after runoff win Unorthodox rate cuts had exacerbated cost-of-living crisis Economy under deep strain, Simsek seen reversing course ANKARA, June 3 (Reuters) –…
Read more Turkey’s Erdogan signals economic U-turn in picking orthodox SimsekWASHINGTON, May 24 (Reuters) – The central pillar of any debt-ceiling agreement between President Joe Biden and House Republican Kevin McCarthy is shaping up to be “discretionary spending”…
Read more Explainer: US debt ceiling focus on ‘discretionary spending’ means cuts aheadCyber spies infiltrated Kenyan networks from 2019 Hit finance ministry, president’s office, spy agency and others Sources believe Beijing was seeking info on debt NAIROBI, May 24 (Reuters)…
Read more Exclusive: Chinese hackers attacked Kenyan government as debt strains grewChallenge ahead for opposition parties to form government Move Forward comes close to sweep of capital Bangkok No alliances with dictator-backed parties – Pita Military parties down, but…
Read more Thailand opposition crushes military parties in election routNeither Erdogan or his challenger pass 50% threshold Erdogan ahead after 20-year rule Rivals spar over election count ISTANBUL, May 14 (Reuters) – Turkey headed for a runoff…
Read more Turkey faces runoff election with Erdogan leadingTORONTO, May 14 (Reuters) – Signs of recovery in Canada’s housing market after a year-long slump, just as higher borrowing costs are expected to slow much of the…
Read more Canada housing market upturn could delay shift to BoC rate cutsWASHINGTON, May 13 (Reuters) – President Joe Biden said on Saturday that talks with Congress on raising the U.S. government’s debt limit were moving along and more will…
Read more Biden says US debt ceiling talks are moving alongWASHINGTON, April 23 (Reuters) – It won’t be a campaign from the basement this time. As U.S. President Joe Biden gears up for a bruising re-election battle, the…
Read more It’s not 2020 anymore. Biden’s re-election campaign faces new challengesRATINGEN, Germany, April 14 (Reuters) – In the German town of Ratingen, exploding cash machines are a hot-button topic. Two got blown up early on the same morning…
Read more Cash-loving Germans fret over exploding ATMs as cross-border crime wave hitsLONDON, April 13 (Reuters) – The latest bid by the world’s leading institutions and creditors to speed up debt restructurings and get bankrupt countries back on their feet…
Read more No China, no deal: Bid to break sovereign debt logjams gets weary thumbs upNEW DELHI, April 4 (Reuters) – India’s Bank of Baroda (BOB.NS) has stopped clearing payments for Russian oil sold above the price cap set by the West from…
Read more Exclusive: India’s Bank of Baroda stops clearing payment for above-cap Russian oil – sourcesMarch 24 (Reuters) – Michigan Governor Gretchen Whitmer on Friday signed a package of bills repealing the state’s so-called “right to work” law that allowed workers to opt…
Read more In victory for labor unions, Michigan governor repeals ‘right-to-work’ lawCredit Suisse unease sparks global sell-off Chinese economy shows signs of gradual recovery China reopening expected to boost oil demand -IEA LONDON, March 15 (Reuters) – Oil extended…
Read more Oil slips as banking fears return, offsetting China demand hopesRIYADH, March 15 (Reuters) – Saudi Arabia’s Finance Minister Mohammed Al-Jadaan said on Wednesday that Saudi investments into Iran could happen “very quickly” following an agreement to restore…
Read more Saudi Arabia could invest in Iran ‘very quickly’ after agreement – ministerChina’s 2023 defence spending to rise 7.2% Increase to outpace GDP growth target of around 5% Premier Li says armed forces should boost combat preparedness China investing in…
Read more China plans 7.2% defence spending rise this year, faster than GDP targetGDP target around 5% at low end of expectations Work report focuses on consumption, jobs Defence spending to rise 7.2%, up from 7.1% rise Budget deficit target at…
Read more China sets modest growth target of about 5% as parliament opens
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