US and Iran deny announcement of interim nuclear deal

US and Iran deny announcement of interim nuclear deal

WASHINGTON/DUBAI, June 8 (Reuters) – Both the United States and Iran on Thursday denied reports that they were close to an interim deal under which Tehran would curb its nuclear program in exchange for relief from nuclear weapons. penalties. “This report is false and misleading,” a White House National Security Council spokesman said, referring to … Read more

Weight-loss drug pilot to start in UK amid uncertainty over Wegovy launch

Weight-loss drug pilot to start in UK amid uncertainty over Wegovy launch

(1/2) A selection of injection pens for the weight-loss drug Wegovy are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. REUTERS/Jim Vondruska/Illustration PM says scheme will seek to reduce waiting time for obese people £40m pilot steps in on uncertainty surrounding Wegovy UK launch Specialist service limits access to drugs to … Read more

Chinese exports tumble in May as global demand falters

Chinese exports tumble in May as global demand falters

BEIJING, June 7 (Reuters) – Chinese exports shrank much faster than expected in May, while imports extended their slide amid bleak prospects for global demand, especially from developed markets, raising doubts over to the fragile economic recovery. The world’s second-largest economy grew faster than expected in the first quarter on the back of robust services … Read more

PGA Tour and LIV announce shock merger to end bitter split

PGA Tour and LIV announce shock merger to end bitter split

PGA Tour calls deal ‘historic day’ for golf The agreement puts an end to disputes between the parties PGA Tour players are shocked by the surprise announcement Merger criticized by families of 9/11 victims June 6 (Reuters) – The golf world was stunned on Tuesday as the PGA Tour, DP World Tour and rival Saudi-backed … Read more

UBS plans to seal Credit Suisse takeover as early as June 12

UBS plans to seal Credit Suisse takeover as early as June 12

Credit Suisse to merge with UBS after deal closes New group will oversee $5 trillion in assets UBS CEO warned of painful decisions ahead UBS CEO: still analyzing plan for Credit Suisse’s domestic business UBS shares showed a slight rise in premarket ZURICH, June 5 (Reuters) – UBS (UBSG.S) plans to complete its takeover of … Read more

United Airlines CEO says US is in ‘trade recession’ but consumers are ‘strong’

United Airlines CEO says US is in ‘trade recession’ but consumers are ‘strong’

ISTANBUL, June 5 (Reuters) – The United States is in a “trade recession” but the consumer is “strong”, Scott Kirby, chief executive of United Airlines (UAL.O), the biggest air carrier in the world. conference in Istanbul on Monday. This can be seen as leisure air travelers are coming back stronger and faster than business travelers, … Read more

Oil rises on Saudi plan to deepen production cuts from July

Oil rises on Saudi plan to deepen production cuts from July

(1/2) A general view of Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File Photo Brent and WTI both jump over $1 Saudi decision adds to OPEC+ cuts OPEC+ meeting, Saudi cuts could push prices higher – analysts LONDON, June 5 (Reuters) – Oil prices rose more … Read more

Countdown to the mega merger – how Credit Suisse faltered and UBS rushed to the rescue

Countdown to the mega merger – how Credit Suisse faltered and UBS rushed to the rescue

ZURICH, June 5 (Reuters) – The takeover of Credit Suisse (CSGN.S) by UBS Group (UBSG.S), organized by the Swiss authorities to avoid a wider banking crisis, is expected to be formalized as early as June 12, the the bank said Monday. The completion of the combination marks the final chapter for the 167-year-old institution after … Read more

OPEC+ holds ‘tough’ talks on cuts and quotas

OPEC+ holds ‘tough’ talks on cuts and quotas

Cuts could amount to 1 million bpd – sources OPEC+ must adjust its production baselines – sources Formal meetings delayed by more than 3 hours VIENNA, June 4 (Reuters) – OPEC and its allies met on Sunday to try to agree on further production cuts, sources told Reuters, as the group grapples with falling oil … Read more

OPEC+ begins meetings that could lead to further production cuts

OPEC+ begins meetings that could lead to further production cuts

(1/5) Austrian policemen stand outside the OPEC headquarters in Vienna, Austria, June 3, 2023. REUTERS/Leonhard Foeger Cuts could amount to 1 million bpd – sources Saudi minister told speculators to ‘be careful’ Russian Novak expected at Sunday’s meetings LONDON, June 3 (Reuters) – OPEC and its allies begin two days of meetings on Saturday that … Read more