 "Reuters")
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Reuters
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
Page 1123 - Reuters/workspace/business Standard Web/video
No recovery in global jobs market from pandemic until at least 2023: ILO
Global unemployment rate seen at 6.3% this year, 5.7% in 2022; uneven stimulus, vaccine access foster inequalities, says ILO
 "No recovery in global jobs market from pandemic until at least 2023: ILO")
Tesla recalls nearly 6,000 US cars over potentially loose bolts
The company has since taken measures to prevent loosening of the bolts in the assembly process.
 "Tesla recalls nearly 6,000 US cars over potentially loose bolts")
Oil extends gains on OPEC+ supply discipline and demand prospects
Brent rose 84 cents, or 1.2%, to $71.09 a barrel at 1011 GMT.
 "Oil extends gains on OPEC+ supply discipline and demand prospects")
Japan may see inflation perk up in post-Covid era, says BOJ board member
"Personally, I can't think of any new tool to directly push up prices. If there were one, we would have deployed it already," Adachi said
 "Japan may see inflation perk up in post-Covid era, says BOJ board member")
The $15 billion jet dilemma facing Boeing's CEO: How to rebuild sales
Boeing is reeling from a safety scandal following crashes of its 737 MAX airliner and an air travel collapse caused by the pandemic
 "The $15 billion jet dilemma facing Boeing's CEO: How to rebuild sales")
May gold imports surge, vegetable oil buying hits record high: Report
India's gold imports in May surged more than nine-fold from last year's low base to 12 tonnes, while vegetable oil imports in the month spiked 148% to a record $1.4 billion, a government source
 "May gold imports surge, vegetable oil buying hits record high: Report")
Reserve Bank expected to keep rates steady, liquidity steps eyed: Poll
RBI's monetary policy committee will likely keep the repo rate unchanged at 4% for a sixth straight meeting
 "Reserve Bank expected to keep rates steady, liquidity steps eyed: Poll")
Japan may see inflation perk up in post-coronavirus era: Bank of Japan
The BOJ currently caps long-term interest rates around zero, and buys huge amounts of government bonds and assets to achieve its elusive 2% inflation target
 "Japan may see inflation perk up in post-coronavirus era: Bank of Japan")
Asian shares rise to 3-month high as US data bolsters reopening hopes
Investors will be watching US jobs data due Friday for clues to the Fed's plans for policy in the coming weeks and months
 "Asian shares rise to 3-month high as US data bolsters reopening hopes")
Gold retreats from near five-month peak on firmer yields, equities
Gold prices retreated from a near five-month high marked in the previous session, as an uptick in bond yields weighed on the safe-haven metal
 "Gold retreats from near five-month peak on firmer yields, equities")
SEC letters claim Tesla failed to oversee Elon Musk's tweets: Report
US securities watchdog told Tesla Inc last year that Elon Musk's use of Twitter had twice violated a settlement requiring his tweets to be preapproved by company lawyers
 "SEC letters claim Tesla failed to oversee Elon Musk's tweets: Report")
US Supreme Court rebuffs J&J appeal over $2 billion baby powder judgement
The justices turned away a J&J appeal and left in place a Missouri state court ruling in litigation brought by 22 women whose claims were heard together in one trial
 "US Supreme Court rebuffs J&J appeal over $2 billion baby powder judgement")
US says ransomware attack on Brazil's meatpacker JBS likely from Russia
JBS is the world's largest meatpacker and the cyberattack caused its Australian operations to shut down on Monday
 "US says ransomware attack on Brazil's meatpacker JBS likely from Russia")
OPEC+ producers sticks to plan to ease supply cuts through July
OPEC+ decided in April to return 2.1 million bpd of supply to the market during May through July as it anticipated demand would rise despite high numbers of coronavirus cases in India
 "OPEC+ producers sticks to plan to ease supply cuts through July")
Wall Street indexes edge up with gains in energy and financial shares
Data showed US manufacturing activity picked up in May as pent-up demand in a reopening economy boosted orders.
 "Wall Street indexes edge up with gains in energy and financial shares")
US economy making welcome progress but still far from goals: Fed's Brainard
Some of the factors fueling current strong growth, including fiscal spending and the rush by households to take advantage of a broader economic reopening, are likely to fade over time, Brainard noted
 "US economy making welcome progress but still far from goals: Fed's Brainard")
OPEC+ seen sticking with supply plan with Iran's oil yet to return
OPEC+ is likely to stick to the existing pace of gradually easing oil supply curbs at a meeting, as producers balance expectations of a recovery in demand against a possible increase in Iranian supply
Iran fails to explain uranium traces found at several sites: IAEA
It will now be up to the three European powers to decide whether to revive their push for a resolution criticising Iran
 "Iran fails to explain uranium traces found at several sites: IAEA")
WHO approves Sinovac Covid vaccine, the second Chinese-made dose listed
A third Chinese vaccine, produced by CanSino Biologics , has submitted clinical trial data, but no WHO review has been scheduled.
 "WHO approves Sinovac Covid vaccine, the second Chinese-made dose listed")
Dow rises on optimism about economic recovery; meme stocks extend gain
US manufacturing sector picks up in May; AMC Entertainment shares jump; data analytics firm Cloudera soars on plans to go private