 | | | | A protest planned by hundreds of bank depositors in central China seeking access to their frozen funds has been thwarted because the authorities have turned their health code apps red, several depositors told Reuters. | | | | | | U.S. small-business confidence edged down in May as worries about high inflation persisted, according to a survey on Tuesday, which also showed demand for labor remained strong despite rising interest rates and tighter financial conditions. | | | | | | Ryanair Group Chief Executive Michael O'Leary said on Tuesday bookings at Europe's biggest budget airline are strengthening and he expects summer fares to be between 7% and 9% higher than pre-pandemic levels. | | | | | | Nearly half of Japanese companies see the weak yen as bad for their business, a private survey showed on Tuesday, suggesting the currency's recent sharp decline is hurting business sentiment and clouding the economic outlook. | | | | | | JP Morgan Chase has won a $1.7 billion London High Court battle against Nigeria over its role in a disputed 2011 oilfield deal. | | | | | | The White House on Monday urged Britain and the European Union to return to talks to resolve differences over implementation of the Northern Ireland Protocol, but said it does not expect the issue to impede a U.S.-UK trade dialogue next week. | | | | | | Russia's invasion of Ukraine will create a global wheat shortage for at least three seasons by keeping much of the Ukrainian crop from markets, pushing prices to record levels, Ukraine's agriculture minister told Reuters. | | | | | | Investors have dramatically upped their bets that the U.S. Federal Reserve will raise interest rates by 75 basis points (bps) rather than 50 bps on Wednesday, a swing in expectations which has fuelled a violent selloff across world markets. | | | | | | U.S. stock index futures pointed to a potential rebound on Wall Street on Tuesday after a sharp selloff in the previous session pushed the S&P 500 into bear market territory. | | | | | | China's army of small, privately owned oil refiners are raising output on hopes of recovering fuel demand as COVID-19 curbs ease and refining margins swell due to an increasing supply of cheap Russian oil, traders and analysts said. | | | | | |
