International Economic
Facebook to uphold ban on Trump, board demands review
Facebook’s Oversight Board ruled on Wednesday to uphold the company’s decision to suspend former US President Donald Trump’s Facebook and Instagram accounts but said that a review should be carried out.
US services PMI shows sector still growing at brisk pace in April - ISM
America's services sector continued to grow at a brisk pace last month, stoked by strong demand across sectors, the results of a closely-followed survey revealed.
Blue Origin set to start sale of space tourism tickets on Wednesday
Space company Blue Origin is set to launch the sale of tickets to space tourists on Wednesday.
US private payrolls grow by 742,000 in April
US private payrolls grew in April, with firms rallying to hike production amid a surge in demand.
Russia seeks additional fines against Twitter over banned content
Moscow is seeking additional fines worth $321,586 from Twitter for failing to remove content banned in the country fast enough.
Fed's Yellen says she is neither predicting nor recommending interest rate hikes
The head of the US Treasury issued a clarification of her earlier remarks on interest rates.
Asset purchases not creating financial imbalances, Fed's Williams tells WSJ
A top US central bank official gave short shrift to the supposed need for the Federal Reserve to begin dialing back on its asset purchases.
Almost 20m more people affected by food crises in 2020
Almost 20m more people have been affected by food crises in 2020 triggered by armed conflicts, weather disasters and the Covid-19 pandemic, revealed the latest report from the Global Network Against Food Crises (GNAFC).
Eurozone begins to pull out of recession - PMI
Business activity in the eurozone rose in April, suggesting the currency zone's economy began to recover after shrinking in the first quarter.