TOKYO (Reuters) - Japan's factory activity shrank at a slower pace in April as declines in output and new orders eased, a private-sector survey showed on Wednesday.
Inflationary pressure continued but firms found market demand was strong enough to allow them to raise output costs, the survey found.
The final au Jibun Bank Japan manufacturing purchasingmanagers' index (PMI) rose to 49.6 in April from 48.2 in March, but was off the 49.9... (continue reading...)
WASHINGTON (Reuters) - The U.S. Senate approved on Tuesday legislation to bar imports of Russian uranium, as the United States continues to seek to disrupt Russia's efforts in its war against Ukraine.
The Senate passed the measure by unanimous consent, meaning that no senators objected to it. The House of Representatives passed the bill in December.
Uranium is used to power commercial nuclear reactors that produce electricity.
... (continue reading...)By Yuvraj Malik
(Reuters) - Three of the Wall Street's heavyweight technology firms have reported better-than-expected sales at their cloud computing units in recent days, as interest in artificial intelligence drives a rebound in spending by corporate customers.
Growth in the $270 billion cloud infrastructure market, a cash engine for Amazon.com, Microsoft and Alphabet, gives the clearest sign yet that AI investment is bearing fruit... (continue reading...)
(Reuters) - A Russian missile attack killed three people and injured three others in the Ukrainian port of Odesa early on Wednesday, regional Governor Oleh Kiper said.
Kiper, writing on the Telegram messaging app, said the attack damaged civilian infrastructure.
He said the strike was carried out by a ballistic missile, but provided no further details.
Kiper and Odesa Mayor Hennadii Trukhanov had reported a series of loud... (continue reading...)
RIO DE JANEIRO/BRASILIA (Reuters) -Brazil's Senate on Tuesday approved a bill maintaining tax incentives for the meetings and cultural events sector until the end of 2026, which now needs President Luiz Inacio Lula da Silva's approval to become law.
The bill, which had already been approved by the Lower House, sets a total cap of 15 billion reais ($2.89 billion) for post-pandemic tax benefits granted to the event industry through the so-called PERSE... (continue reading...)
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