News
China factory activity stalls in May as demand weakens
6+ hour, 46+ min ago (590+ words) BEIJING, May 31 (Reuters) " China's factory activity stalled in May as new export orders contracted and input costs kept rising, an official survey showed on Sunday, adding to concerns the world's second-largest economy is losing momentum despite pockets of strength in…...
China's factory activity flat in May, PMI shows
7+ hour, 6+ min ago (237+ words) BEIJING, May 31 (Reuters) - China's factory activity came in "flat in "May, an official survey showed on Sunday, indicating that "the "manufacturing "sector was under "pressure from weak domestic demand and higher production costs. The "official manufa. .. BEIJING, May 31 (Reuters) " China's…...
Soft Bank to build up AI data centres in France with major investment
13+ hour, 44+ min ago (225+ words) PARIS, May 30 (Reuters) " Japan's Soft Bank Group will invest "45 billion over the next five years in a push to build "up artificial intelligence infrastructure in France, "founder Masayoshi Son told the paper La Tribune Dimanche in an interview published on…...
Colombia accuses Ecuador of "deliberate interference" in presidential election amid tariff spat
18+ hour, 14+ min ago (268+ words) By Leila Miller BUENOS AIRES, May 30 (Reuters) - Colombia's foreign ministry on Saturday accused Ecuador of "deliberate interference" in Colombia's Sunday presidential election "after Ecuador's president agreed to lift tariffs "in a conversation with. .. By Leila Miller BUENOS AIRES, May 30 (Reuters)…...
Tiny Guyana poised for big Iran oil gains and growth strains
22+ hour, 40+ min ago (1016+ words) By Sheila Dang and Kemol King HOUSTON/GEORGETOWN, May 30 (Reuters) " Guyana was already the world's fastest growing economy before the U. S. -Israeli war on Iran drove up oil prices. Now, the tiny Caribbean nation of nearly 1 million people will reap an…...
Voting starts in Malta parliamentary elections, ruling party set to win
1+ day, 3+ hour ago (283+ words) VALLETTA, May 30 (Reuters) " Voting in parliamentary elections opened in Malta on Saturday, with opinion polls showing the ruling Labour Party on course to win "a record-breaking fourth term. Prime Minister Robert Abela called "the snap election just four years into…...
Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records show
1+ day, 8+ hour ago (448+ words) May 29 (Reuters) " A Kentucky school district secured approximately $27 million in settlements from social media companies over claims they fueled a student mental'health crisis, with Meta Platforms paying the largest amount at $9 million, according to records seen by Reuters on Friday…...
BMO hires UBS banker to lead US M&A team, memo shows
1+ day, 11+ hour ago (224+ words) TORONTO, May 29 (Reuters) " BMO Financial has hired David Descoteaux from UBS to head its U. S. M&A team "for capital markets and commercial banking, "according to a memo seen by Reuters, finalizing a months-long search to fill the role as the…...
US, Mexico conclude first round of trade deal talks on autos, metals, security
1+ day, 11+ hour ago (183+ words) MEXICO CITY, May 29 (Reuters) - The U. S. and Mexico trade negotiators on "Friday concluded their "first bilateral negotiating round to revise the U. S. -Mexico-Canada Agreement on trade, discussing automotive rules "of "origin, steel and "aluminum trade. .. MEXICO CITY, May 29 (Reuters) " The U. S and…...
Yum Brands in exclusive talks to sell Pizza Hut to Long Range Capital, source says
1+ day, 11+ hour ago (181+ words) May 29 (Reuters) " Yum Brands is in exclusive talks to sell its Pizza Hut "chain to Long Range Capital, a "source familiar with the matter said on Friday. The two parties are advancing in discussions about a potential deal that could…...