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-[...]
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May 16, 2023
Wall Street advances, Treasury yields rise as debt-ceiling debate rolls along
By Stephen Culp NEW YORK (Reuters) – U.S. stocks slouched to a higher close on Monday, and benchmark Treasury yields rose amid flickering optimism that Washington will get past partisan wranglin[...]
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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[...]
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Biden, House Republicans prepare for critical US debt-ceiling talks
By David Morgan, Jeff Mason and Andy Sullivan WASHINGTON (Reuters) -President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy on Monday prepared for critical debt-ceiling talk[...]
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Stellantis blocks battery plant construction as more support sought
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Automaker Stellantis has stopped construction at a more-than C$5 billion ($3.7 billion) electric-vehicle battery plant in Canada amid talks with th[...]
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