Economic News

(Reuters) – Deposits at U.S. commercial banks rose in early April, continuing a stabilizing trend after large outflows following last month’s failure of two large regional banks and worries about the safety of the banking system as a whole.

WASHINGTON (Reuters) – U.S. President Joe Biden will host a bilateral meeting with Colombian President Gustavo Petro, White House spokesperson Karine Jean-Pierre said in a statement on Friday.

WASHINGTON (Reuters) – The Argentine government is in talks to issue two dollar-bonds for up to $600 million each with separate guarantees from the World Bank and the CAF as collateral, a source from Argentina’s Economy Ministry said on Friday.

(Reuters) – Boeing Co’s shares fell 4.5% in premarket trading on Friday after the U.S. planemaker halted deliveries of some 737 MAXs due to a new supplier quality problem by Spirit AeroSystems.

By Nupur Anand, Tatiana Bautzer and Saeed Azhar

(Reuters) – Futures for Canada’s commodity-heavy stock index edged up on Friday, tracking a rise in crude prices, while upbeat earnings from big U.S. banks supported optimistic investor mood.

By Wayne Cole SYDNEY (Reuters) – Asian shares firmed on Friday as Singapore became the latest country to pause its policy tightening and markets became more confident the likely next hike in U.S. rates would be the last this cycle.

By Kai Pfaffenbach and Manuel Ausloos NEAR BAKHMUT, Ukraine (Reuters) – Ukrainian troops have been forced to withdraw from some parts of Bakhmut in the face of a renewed Russian assault on the ruined battlefield city, Britain said on Friday, with Moscow pressing to achieve a

By Steve Stecklow, Waylon Cunningham and Hyunjoo Jin

By Horacio Soria and Juan Carlos Bustamante

BENI, Democratic Republic of Congo (Reuters) – Suspected militants killed at least 30 civilians on Friday in a village raid in Democratic Republic of Congo’s northeastern Ituri province, the head of a civil society group and a local resident said.

By Jorgelina do Rosario and Rodrigo Campos

By Andrea Shalal and Katharine Jackson WASHINGTON (Reuters) – Ukraine secured promises of $5 billion in additional funding to support its ongoing fight against Russia amid “fruitful meetings” in Washington this week, Ukrainian Prime Minister Denys Shmyhal told reporters on Friday.

By Hilary Russ and Katherine Masters NEW YORK (Reuters) – Tupperware’s financial woes follow a proliferation of free restaurant to-go boxes after a pandemic-era surge in delivery and carryout orders, and an onslaught of competition from cheaper food storage containers like Clorox’s GladWare.

SHANGHAI (Reuters) – China’s Zeekr has hired a former Lexus executive to helm its operations in Europe, according to a memo seen by Reuters, as the electric vehicle (EV) maker plans to sell into the region later this year.

By Max Hunder KYIV (Reuters) – Ukraine’s security service said on Thursday it had seized more than 3.5 billion hryvnia ($96 million) worth of assets belonging to exiled billionaire Vadym Novynskyi, who it is investigating for “aiding” Russia.

By Jonathan Stempel NEW YORK (Reuters) – Donald Trump will not learn the identities of jurors expected to decide at an upcoming civil trial whether the former president defamed the writer E. Jean Carroll, who also claims Trump raped her.

By Leika Kihara WASHINGTON (Reuters) – China’s central bank governor on Friday took a swipe at efforts by Western economies to trade more with allies and rely less on the world’s largest goods-exporting country, saying such “friend-shoring” attempts could prevent global supply chain tension from easing.

By Rod Nickel and Steve Scherer OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau’s top aide on Friday refused to say when Trudeau first learned about allegations that China tampered with recent elections, citing security concerns.

(Reuters) – Wall Street futures slipped on Friday as investors awaited earnings from big U.S. banks for signs of stress in the sector and the economy after the failure of two mid-sized lenders last month sparked concerns about a potential recession.