Reuters

LOS ANGELES (Reuters) - A federal judge on Monday ruled that a small business contracted to deliver packages for FedEx on the California-Oregon border must arbitrate with FedEx over claims it made against the company of racketeering and other alleged legal violations.

In granting FedEx Ground's motion to compel arbitration, Judge Sallie Kim wrote that PYNQ failed to show it would be unconscionable to require arbitration. Most legal disputes between... (continue reading...)

TOKYO (Reuters) - Japanese service sector activity grew at the fastest pace in eight months in April thanks to solid business and consumer spending, a private survey showed on Tuesday, results that should keep the central bank on track to hike rates again this year.

The final au Jibun Bank Service purchasing managers' index (PMI) rose to 54.3 last month, the highest level since August 2023, and up slightly from 54.1 in March.

The index... (continue reading...)

(Reuters) - The United States will host China's Special Envoy for Climate Change Liu Zhenmin in Washington on Wednesday and Thursday, the State Department said.

The Biden administration had previously said that U.S. climate change diplomat John Podesta would meet Liu in Washington sometime in May, resuming bilateral talks on climate cooperation amid simmering tensions over trade and security.

The visit will mark Liu's first to Washington... (continue reading...)

By Veronica Dudei Maia Khongwir

BENGALURU (Reuters) - Bank Negara Malaysia (BNM) will leave its key interest rate at 3.00% and keep it unchanged at least until 2026, despite a weakening currency and a steady inflation outlook, a Reuters poll of economists found.

Malaysia's consumer price index (CPI) rose 1.8% from a year earlier in March, matching the pace in the previous month, but was below BNM's estimate of 2.0%-3.5% for the year, in... (continue reading...)

BOGOTA (Reuters) -Colombian leftist rebel group the National Liberation Army (ELN) on Monday said it would lift its suspension on kidnapping due to the government failing to live up to agreements reached during peace talks.

The rebel group, which is in peace talks with Colombia's government, said its decision was due to a delay in establishing a multi-donor fund to a peace process that would remove the ELN from the country's six decades of armed... (continue reading...)