| | | Consumer spending jumps; monthly inflation rebounds | | | WASHINGTON (Reuters) - U.S. consumer spending recorded its biggest increase in four months in April and monthly inflation rebounded, pointing to firming domestic demand that could allow the Federal Reserve to raise interest rates next month. |
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| | | Europe feels the heat as political temperatures rise | | | LONDON (Reuters) - European shares fell for a fourth day running on Tuesday and the euro was battling to avoid a similar fate, as the prospect of early Italian elections and Greece's ongoing struggles nudged up the political temperature gauge again. |
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| | | Oil slips on oversupply worries despite OPEC deal | | | LONDON (Reuters) - Oil prices fell on Tuesday, pressured by concerns that production cuts by the world's big exporters may not be enough to drain a global glut that has depressed the market for almost three years. |
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| | | New Russian jet heralds carbon manufacturing shake-up | | | PARIS (Reuters) - Russia's new jetliner, which conducted its maiden flight on Sunday, may have a hard time challenging the sales duopoly of Boeing and Airbus, but it does point the way to radical changes in how they could be building jets in the future. |
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| | | Blackwater founder's FSG buys stake in Chinese security school | | | BEIJING (Reuters) - Hong Kong-listed Frontier Services Group (FSG), co-founded by former U.S. military services contractor Erik Prince, said it had acquired 25 percent of a Chinese security training facility, the company's latest move to tap into China's Belt and Road development plan. |
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