India’s April services activity hits near 13-year high, inflation accelerates

By Anant Chandak BENGALURU (Reuters) – India’s services activity expanded at the fastest pace in nearly 13 years in April, driven by robust demand, according to a private survey which also showed price pressures increased at their fastest rate in recent months. Strong growth in services, which make up around 60% of India’s overall gross …

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Fluminense golea 5-1 a River Plate con tripleta de argentino Cano en la Libertadores

BUENOS AIRES, 2 may (Reuters) – Fluminense goleó el martes 5-1 como local a River Plate con una tripleta del argentino Germán Cano y un doblete del colombiano Jhon Arias, quedando en cabeza del Grupo D de la Copa Libertadores. Con la victoria en el marco de la tercera jornada, Fluminense lidera el grupo con …

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Australia central bank surprised by rapid recovery in population growth -official

SYDNEY (Reuters) – Australia’s central bank said on Wednesday that a rapid recovery in population growth was a big surprise for the bank’s economic forecasts, pushing up rents and leading to an earlier-than-expected stabilisation in housing prices after months of losses. Speaking at an event in Perth, Marion Kohler, the Reserve Bank of Australia’s (RBA) …

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Egypt non-oil activity in contracts 29th month as optimism wanes

CAIRO (Reuters) – Egypt’s non-oil private sector activity shrank for the 29th consecutive month in April as continuing import and currency restrictions and surging prices causing business confidence to hit an all-time low, a survey showed on Wednesday. The S&P Global Egypt Purchasing Managers’ Index (PMI) improved to 47.3 in April from 46.7 in March, …

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U.S. SEC to vote on boosting disclosures by private funds, hedge funds

(This May 2 story has been corrected to attribute 2022 SEC proposal following post-publication review in paragraphs 6 and 7) By John McCrank (Reuters) – The U.S. Securities and Exchange Commission will decide on Wednesday whether to adopt new rules for advisors to hedge funds and private equity funds aimed at increasing transparency, competition, and …

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China says Myanmar’s sovereignty should be respected

BEIJING (Reuters) -China supports Myanmar in finding its own path to development and urges the international community to respect its sovereignty and help it achieve peace and reconciliation, China’s foreign ministry said on Wednesday. Myanmar had been largely shunned by Western countries since its military overthrew an elected government led by Nobel Peace Prize laureate …

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