Notizia

The U.S. trade deficit narrowed by the most in nearly 9-1/2 years in April as exports jumped to a record high, putting trade on course to contribute to economic growth this quarter.

WASHINGTON (Reuters) -The U.S. trade deficit narrowed by the most in 10 years in April as exports jumped to a record high, suggesting that trade could contribute to economic growth this quarter.

The U.S. trade deficit narrowed sharply in April as imports declined, suggesting that trade could contribute to economic growth this quarter for the first time in two years.

STOCKHOLM (Reuters) -The Swedish government will not inject new capital into SAS, its industry minister said on Tuesday, dealing a blow to the loss-making airline's restructuring efforts and sending its shares down 14% to record lows.

STOCKHOLM (Reuters) -The Swedish government will not inject new capital into SAS, its industry minister said on Tuesday, dealing a blow to the loss-making airline's restructuring efforts and sending its shares down 14% to all-time lows.

The Swedish government will not inject new capital into loss-making airline SAS and does not aim to be a long-term shareholder in the company, Industry Minister Karl-Petter Thorwaldsson told a news conference on Tuesday.

Britain's biggest sportswear retailer JD Sports and rival Elite Sports broke competition law by fixing the retail prices of certain branded clothing products of Rangers Football Club, UK's competition watchdog provisionally found on Tuesday.

Pizza Hut's Russian franchise has been bought by Noi-M for 300 million roubles ($4.92 million), Russian business daily Kommersant reported on Tuesday.

China's exports are expected to have expanded at a faster pace in May as factories reopened and supply chain disruptions calmed after Shanghai began to emerge from a lockdown, while imports also likely rose, a Reuters poll showed.