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Amazon executive behind its massive delivery operation to leave after 23 years
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Factbox-Elon Musk hints at an impending recession
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Senegal leader says Putin showed readiness to free up Ukrainian grain exports
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Factbox-EU’s 6th sanctions package against Russia, including oil
Strong U.S. labor market keeps Fed on aggressive rate hike path
Date: June 3, 2022
By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers hired more workers than expected in May and maintained a fairly strong pace of wage increases, signs of labor market strength that will keep the Federal Reserve on an aggressive monetary policy tightening path to cool demand. The Labor Department’s closely watched employment report on Friday also...
Lebanese security chief fears political paralysis, social collapse
Date: June 3, 2022
BEIRUT (Reuters) – A senior Lebanese security official has said the risk of political paralysis has increased since an election produced a fractured parliament last month, warning of a possible “disaster” because there is no majority to legislate. Major General Abbas Ibrahim also said he was concerned about social instability, saying this worried him more...
Israel prefers diplomacy on Iran but could act alone, Bennett tells IAEA chief
Date: June 3, 2022
By Dan Williams JERUSALEM (Reuters) -Israel told the U.N. nuclear watchdog on Friday it would prefer a diplomatic resolution to the standoff over Iran’s nuclear programme but it could take independent action, reiterating a long-standing veiled threat to launch a preemptive war. The warning to visiting International Atomic Energy Agency chief Rafael Grossi followed calls...
Back on the road: Ukrainian refugees have to vacate Bulgarian seaside hotels
Date: June 3, 2022
By Tsvetelia Tsolova SUNNY BEACH, Bulgaria (Reuters) – Anastasia Zaitseva waits with her two young children outside the Black Sea resort hotel she has called home since March to board a bus for another journey to an unknown destination after fleeing war in Ukraine. She is one of tens of thousands of refugees Bulgarian authorities...
Hungary working to reach agreement on EU recovery funds by year end
Date: June 3, 2022
BUDAPEST (Reuters) -Hungary is working to reach an agreement with the European Union by the end of the year on gaining access to billions of euros worth of pandemic recovery funding, state news agency MTI cited the country’s new European affairs minister as saying. The EU’s executive Commission froze access to the funds for Hungary...
Global bond funds gain first weekly inflow in two months
Date: June 3, 2022
(Reuters) – Global bond funds obtained inflows in the week to June 1 after eight weeks of outflows, lifted by strong demand as fears over aggressive monetary tightening and excessive price pressures eased. Investors purchased a net $6.16 billion worth of global bond funds in their first weekly net buying since March 30, marking the...