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The Media Line: Israel Advances Controversial West Bank Settlement Expansion Amid Global Scrutiny

Thursday, June 15 by SRN News

Israel Advances Controversial West Bank Settlement Expansion Amid Global Scrutiny In response to international pressure, Israel delayed a meeting about the controversial E1 construction plan in the West Bank, but it is moving forward nonetheless with plans for at least 4,000 new housing units in... Read More.

Vatican releases first pictures of pope since surgery

Thursday, June 15 by SRN News

ROME (Reuters) – The Vatican on Thursday released the first pictures of Pope Francis after his abdominal surgery, indicating that the pontiff was continuing his recovery ahead of an expected discharge in the coming days. The pictures showed Francis in... Read More.

China’s economy slows in May, more stimulus expected

Thursday, June 15 by SRN News

By Ellen Zhang and Kevin Yao BEIJING (Reuters) – China’s economy stumbled in May with industrial output and retail sales growth missing forecasts, adding to expectations that Beijing will need to do more to shore up a shaky post-pandemic recovery. The economic... Read More.

BofA expects Fed to deliver two more rate hikes, JPM adds July hike expectation

Thursday, June 15 by SRN News

(Reuters) -BofA Global Research now expects two more quarter percentage point interest rate hikes from the U.S. Federal Reserve this year, while JP Morgan sees one more hike in July, after the central bank signaled further raises may be needed. BofA’s new terminal rate... Read More.

Analysis-Why Walmart’s new bet on fashion brands, home decor threatens specialty chains

Thursday, June 15 by SRN News

By Siddharth Cavale (Reuters) – Price-conscious shoppers flock to Walmart Supercenters to pick up $1 potato chips and $3 gallons of milk, but the world’s biggest retailer will now try to sell them $298 cozy swivel chairs and $50 Wrangler jeans,... Read More.

Alibaba president says group will expand local business in Europe

Thursday, June 15 by SRN News

By Silvia Aloisi PARIS (Reuters) -Alibaba will focus on building local businesses outside China, with Europe being the top priority, the group’s president said on Thursday. “What we will focus more for the future is to build local businesses, so you will see something... Read More.

Some 85% of Toyota shareholders vote to re-elect Toyoda at annual meet

Thursday, June 15 by SRN News

TOKYO (Reuters) -About 85% of Toyota Motor’s shareholders voted to re-elect Chairman Akio Toyoda to the automaker’s board of directors at an annual general meeting, the company said on Thursday, for his lowest approval rating in at least five years. Support for Toyoda, the grandson... Read More.

Alibaba President: Jack Ma remains biggest shareholder and still cares about company

Thursday, June 15 by SRN News

PARIS (Reuters) – Jack Ma remains the biggest shareholder of Alibaba and still cares about the company, said the president of Alibaba Group on Thursday. (Reporting by Silvia Aloisi; Editing by Sudip Kar-Gupta/Benoit Van Overstraeten) Brought to you by

Fashion retailers resilient despite consumer fears

Thursday, June 15 by SRN News

LONDON (Reuters) – A strong start to June for Sweden’s H&M and the return to profitability at online fashion retailer ASOS helped to allay concerns around a sector hit recently by weakening demand in the U.S. Signs of resilience came as... Read More.

Soccer-Manchester City begin Premier League title defence at Burnley

Thursday, June 15 by SRN News

(Reuters) – Manchester City begin their title defence with a trip to promoted Burnley, who are managed by the champions’ former captain Vincent Kompany, the Premier League said on Thursday. City open the season on Aug. 11, with the final round... Read More.

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Author: SRN News

The Media Line: Israel Advances Controversial West Bank Settlement Expansion Amid Global Scrutiny

Vatican releases first pictures of pope since surgery

China’s economy slows in May, more stimulus expected

BofA expects Fed to deliver two more rate hikes, JPM adds July hike expectation

Analysis-Why Walmart’s new bet on fashion brands, home decor threatens specialty chains

Some 85% of Toyota shareholders vote to re-elect Toyoda at annual meet

Alibaba President: Jack Ma remains biggest shareholder and still cares about company

Fashion retailers resilient despite consumer fears

Soccer-Manchester City begin Premier League title defence at Burnley

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