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Image for After sharp fall, Hungarian forint faces slow recovery over next year – Reuters poll

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After sharp fall, Hungarian forint faces slow recovery over next year – Reuters poll

Image for Soccer-‘We didn’t show up’: Scotland’s Robertson apologises after Ukraine defeat

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Soccer-‘We didn’t show up’: Scotland’s Robertson apologises after Ukraine defeat

Image for Oil prices fall on prospect of OPEC offsetting Russian output loss

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Oil prices fall on prospect of OPEC offsetting Russian output loss

Image for No more bambinos? Italy’s firms move to tackle birth crisis

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No more bambinos? Italy’s firms move to tackle birth crisis

Image for Australia set for 3rd year of bumper wheat harvests, easing world supply woes

Australia set for 3rd year of bumper wheat harvests, easing world supply woes

Date: June 2, 2022

By Naveen Thukral SINGAPORE (Reuters) – Australia is poised for a third year of near-record wheat production in 2022 as good weather boosts planting across its grain belt, easing concerns over tight global inventories. World wheat supplies have tightened after Russia’s invasion of Ukraine earlier this year cut off shipments from one of the...

Image for Big Tech ramps up efforts to quash milestone antitrust bill

Big Tech ramps up efforts to quash milestone antitrust bill

Date: June 1, 2022

By David Shepardson and Diane Bartz WASHINGTON (Reuters) -Big tech has launched a media blitz aimed at derailing one of the most ground-breaking bipartisan bills in the U.S. that would bar tech companies, like Amazon.com Inc, from giving preference to their own businesses on their websites. Amazon lambasted the bill on Wednesday saying in a...

Image for Dimon says brace for U.S. economic ‘hurricane’ due to inflation

Dimon says brace for U.S. economic ‘hurricane’ due to inflation

Date: June 1, 2022

By Elizabeth Dilts Marshall and Niket Nishant (Reuters) – Jamie Dimon, Chairman and Chief Executive of JPMorgan Chase & Co described the challenges facing the U.S. economy akin to an “hurricane” down the road and urged the Federal Reserve to take forceful measures to avoid tipping the world’s biggest economy into a recession. Dimon’s comments...

Image for Exclusive-U.S. plans to sell armed drones to Ukraine in coming days -sources

Exclusive-U.S. plans to sell armed drones to Ukraine in coming days -sources

Date: June 1, 2022

By Mike Stone WASHINGTON (Reuters) – The Biden administration plans to sell Ukraine four MQ-1C Gray Eagle drones that can be armed with Hellfire missiles for battlefield use against Russia, three people familiar with the situation said. The sale of the General Atomics-made drones could still be blocked by Congress, the sources said, adding that...

Image for Motor racing-Aston Martin’s Krack still smiling after bumpy start

Motor racing-Aston Martin’s Krack still smiling after bumpy start

Date: June 1, 2022

By Alan Baldwin LONDON (Reuters) – New Aston Martin team boss Mike Krack has had a bumpy start to the season, like those Formula One drivers struggling to tame their bouncing cars in a time of change, but he is still smiling. The 50-year-old Luxemburger replaced Otmar Szafnauer, now principal of Renault-owned Alpine, at the...

Image for U.S. jury mostly sides with Depp in defamation fight with ex-wife Heard

U.S. jury mostly sides with Depp in defamation fight with ex-wife Heard

Date: June 1, 2022

By Lisa Richwine (Reuters) -A Virginia jury on Wednesday ruled that actor Amber Heard defamed ex-husband Johnny Depp in a widely watched six-week trial that featured graphic testimony detailing the former Hollywood couple’s soured relationship. While the seven-person jury also ruled in favor of Heard on one count in her countersuit against Depp, the “Pirates...