A look at the day ahead in European and global markets from Ankur Banerjee Nervousness in the market over the looming U.S. debt ceiling deadline prevailed through the Asian hours and will remain the m[...]
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May 17, 2023
Japan’s prime minister to meet with top chip firms
TOKYO (Reuters) -Japan’s Prime Minister Fumio Kishida plans to meet with top executives from global semiconductor companies as early as on Thursday to strengthen multilateral cooperation, Chief[...]
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No Singapore Airlines group A320neos with Pratt engines grounded – exec
SINGAPORE (Reuters) – None of the Airbus A320neo planes in the Singapore Airlines group with Pratt & Whitney engines are currently grounded over a lack of spares, Leslie Thng, CEO of Scoot,[...]
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US IRS to launch free tax e-file pilot program in 2024
By David Lawder WASHINGTON (Reuters) -The Internal Revenue Service said on Tuesday it would launch a free, government-provided direct tax filing option next year, which could lead to the full-scale la[...]
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Australia wage growth hits decade-high, quarterly gains miss forecasts
SYDNEY (Reuters) -Australian wages grew at the fastest annual pace in a decade last quarter, although quarterly gains missed forecasts, in a result that offers some temporary solace for policymakers w[...]
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Credit Suisse faces restrictions on business till deal closure
(Reuters) -Credit Suisse Group AG faces certain restrictions in its ability to do business until its acquisition by rival UBS Group AG is completed, according to a regulatory filing on Tuesday. In cer[...]
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Biden, McCarthy hopeful on debt ceiling deal, US president cuts Asia trip short
By Nandita Bose and David Morgan WASHINGTON (Reuters) -Democratic President Joe Biden and top congressional Republican Kevin McCarthy edged closer to a deal to avoid a looming U.S. debt default Tuesda[...]
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Wall Street closes lower after Home Depot outlook, US retail sales
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. retail sales data for April pointed to softer consume[...]
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Elon Musk reverses course and says Tesla will advertise its cars
By Hyunjoo Jin and Sheila Dang SAN FRANCISCO (Reuters) – Tesla Inc boss Elon Musk, who has never used traditional advertising to sell cars, said on Tuesday that the automaker would try it and se[...]
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