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Fed’s Waller still open to cutting interest rates later this year

By Michael S. Derby and Cynthia Kim (Reuters) -Federal Reserve Governor Christopher Waller said on Monday that interest rate cuts remain possible later this year even with the Trump administration’s tariffs likely to push up price pressures temporarily. Given that a rise in inflation pressures tied to President Donald Trump’s import tax increases is unlikely …

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Australian job ads fall for second month in May, ANZ-Indeed data shows

SYDNEY (Reuters) -Australian job advertisements fell for a second successive month in May in a sign that the tight labour market may be slowly easing, though the number remained well above pre-pandemic levels. Data from Australia and New Zealand Banking Group and employment website Indeed showed the number of job ads dropped 1.2% in May …

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Goldman Sachs sees OPEC+ raising oil output by 0.41 mb/d in August

(Reuters) – Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day (mb/d) production increase in August, the bank said in a note dated Sunday. “Relatively tight spot oil fundamentals, beats in hard global activity data, and seasonal summer support to oil demand suggest that the expected …

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Blood test-guided treatment with AstraZeneca pill cuts breast cancer progression risk

By Julie Steenhuysen CHICAGO (Reuters) -Treating breast cancer patients with AstraZeneca’s experimental pill camizestrant at the first sign of resistance to standard therapies cut the risk of disease progression or death by half, a finding that could be practice changing, experts said on Sunday. The results, presented at the American Society of Clinical Oncology meeting …

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Lutnick downplays impact of tariff court ruling on US, EU talks

By Ted Hesson WASHINGTON (Reuters) -U.S. Commerce Secretary Howard Lutnick downplayed the impact of legal uncertainty around U.S. tariffs on negotiations with the European Union during an interview on Sunday, saying talks were ongoing. Lutnick, speaking on “Fox News Sunday,” was asked about a Reuters report quoting an unnamed EU official close to negotiations who …

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Emirates airline boss sees positive progress at troubled Boeing

By Tim Hepher, Nandan Mandayam and Shivansh Tiwary NEW DELHI (Reuters) -The head of the world’s largest international airline, Dubai’s Emirates, said on Sunday there were positive signs of progress at Boeing, having previously voiced frustration over delays in delivery of new jets from the planemaker. Emirates President Tim Clark said he was seeing a …

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Japan PM Ishiba mulls Trump trade meeting before G7, says Yomiuri newspaper

By Anton Bridge TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba is considering visiting Washington to meet President Donald Trump before a mid-month summit of the Group of Seven nations as he seeks a trade deal, the Yomiuri newspaper reported on Sunday. Japanese officials see signs of progress on easing Trump’s tariffs after repeated visits by …

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EU threatens countermeasures over Trump’s steel tariffs hike

BRUSSELS (Reuters) -The European Commission said on Saturday that Europe was prepared to retaliate against President Donald Trump’s plan to double tariffs on imported steel and aluminum, raising the prospect of an escalating trade fight between two of the world’s largest economic powers. Trump’s announcement on Friday that he would increase tariffs on imported steel …

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South Korea exports fall as tariffs hit US, China shipments

SEOUL (Reuters) -South Korea’s exports fell in May for the first time in four months, as shipments to the United States and China dropped on global trade conflict triggered by U.S. President Donald Trump’s sweeping tariffs. Exports from Asia’s fourth-largest economy, an early bellwether for global trade, declined 1.3% from the same month last year …

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