Three months into the Russian invasion of Ukraine, which has closed off access to lower-priced Black Sea wheat, owners of five mills in the Palestinian Gaza Strip are feeling the heat as they try to replenish stocks.
Bank of America Corp said it was raising its U.S. minimum hourly wage to $22 on Monday, a step closer to its promise of paying workers $25 an hour by 2025.
Bank of America Corp (BAC) said it was raising its U.S. minimum hourly wage to $22 on Monday, a step closer to its promise of paying workers $25 an hour by 2025.
Brazilian regulators are probing potential insider trading violations by activist investor Nelson Tanure related to his acquisition of medical labs company Alliar, according to documents seen by Reuters.
Nigeria's economy grew 3.11% in the first quarter of 2022 compared with the same period a year earlier, its sixth consecutive quarterly growth, the country's statistics office said on Monday.
The Kremlin said on Monday that the West had triggered a global food crisis by imposing the severest sanctions in modern history on Russia over the war in Ukraine. The war - and the West's attempt to isolate Russia as punishment - have sent the price of grain, cooking oil, fertiliser and energy soaring.
Euro zone government bond yields rose after German data showed a resilient economy and European Central Bank President Christine Lagarde strengthened expectations about rates reaching zero or even positive territory by year-end.
* China stocks fall as Beijing COVID concerns weigh. * Zloty up as Polish retail sales rise 33.4% y/y in April. * Lira slips as Turkish May manufacturing confidence falls. * Rouble firms 3%, heads back towards multi-year highs vs dollar. By Bansari Mayur Kamdar.
* Siemens Energy launches $4.3 billion bid for Siemens Gamesa. * German business morale unexpectedly rises in May. * Biden weighing cutting tariffs on Chinese goods. * Deutsche Euroshop surges 40% on $1.45 billion takeover offer. By Susan Mathew.
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