M Ml News Today

Economic activity in Brazil declined in May, showed a central bank index on Monday, signaling a non-linear trajectory for the country's growth, even as analysts have been consistently revising their forecasts upward for the year.

British luxury fashion brand Burberry reported an 18% rise in first-quarter comparable store sales on Friday, meeting market expectations thanks to a continued rebound in China.

Brazil's annual inflation in June fell to its lowest level since September 2020, data from statistics agency IBGE showed on Tuesday, renewing bets that an interest rate cut is around the corner as consumer prices continue to trend down.

British house prices fell last month in annual terms at the fastest rate in 12 years and soaring interest rates are likely to herald more weakness in the housing market, mortgage lender Halifax said on Friday.

Japan posted a current account surplus for the third month in April as the trade deficit narrowed and income gains from overseas investment grew, government data showed, easing worries about declines in the country's balance of payments.

Australian consumer prices rose by more than expected in April, driven by a jump in automotive fuel, suggesting sticky inflation would likely keep pressure on the central bank.

London Stock Exchange Group said on Thursday its group Chief Financial Officer Anna Manz would relinquish her role next year to take a similar position outside the financial industry.

Japan core machinery orders fell in March for a second straight month, indicating firms' cautious about capital spending amid worries about the global economic slowdown.

Tesco chairman John Allan will step down at the group's annual shareholders' meeting next month, with Britain's biggest retailer saying claims of inappropriate behaviour against him risked becoming a distraction to the business.

British luxury fashion brand Burberry on Thursday reported stronger-than-expected fourth quarter sales driven by a rebound in China but continued weakness in the United States sent its shares down sharply.