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Brazil's economic activity surprises negatively with 2% decline in May

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.

Brazil , United-states , Brasilia , Distrito-federal , America , Marcela-ayres , Gabriel-couto , Andrea-ricci , Steven-grattan , Jason-neely , Fernando-haddad , Andres-abadia

Saudi Arabia and Turkey sign MoUs in energy, defence and other fields

Saudi Arabia and Turkey signed a number of memorandums of understanding in many fields including energy, direct investments and defence, Saudi state news agency SPA reported early on Tuesday.

Turkey , Saudi-arabia , Cairo , Al-qahirah , Egypt , Qatar , Turkish , Saudi , Tayyip-erdogan , Yomna-ehab , Thomson-reuters-trust-principles , Reuters

Will China ever get rich? A new era of much slower growth dawns

China is entering an era of much slower economic growth, raising a daunting prospect: it may never get rich.

Japan , Qiushi , Zhejiang , China , Huatai , Jiangxi , United-states , Shanghai , Wang-jun , Hebei , Beijing , Cai-fang

Pope visit to Mongolia will thrill tiny Catholic community, cardinal says

The head of one of the world's smallest national Catholic communities - Mongolia with 1,450 members - said on Monday that Pope Francis' visit there will show how far it has come since locals watched "these funny foreigners praying".

Ulaanbaatar , Mongolia , Russia , China , Italy , Beijing , Mongolian , Mongolians , Italian , Soviet , Philip-pullella , Cardinal-giorgio-marengo

India's Infosys signs five-year AI deal with $2 bln target spend

India's second-largest software services exporter Infosys said on Monday it has signed a deal with an existing client to provide artificial intelligence (AI) and automation services that will span over five years, with a target spend estimated at $2 billion.

India , Bengaluru , Karnataka , Nivedita-bhattacharjee , Navamya-ganesh-acharya , Thomson-reuters-trust-principles , Tata-consultancy-services , Infosys , Reuters , Azure-open , Infosys-topaz , Thomson-reuters-trust

Australia's Victoria pulls out of 2026 Commonwealth Games over cost concerns

Australia's state of Victoria will not host the 2026 Commonwealth Games due to projected cost overruns, placing the future of the quadrennial multi-sport event in doubt.

Gippsland , Victoria , Australia , Brisbane , Queensland , Ghana , Canada , Bendigo , United-kingdom , Melbourne , South-africa , Ballarat

Explainer: Can Thailand's Pita succeed in a second PM vote?

Thailand's parliament will hold a second vote on a new prime minister on Wednesday, more than two months since the liberal Move Forward Party's surprise election triumph over rivals allied with the military.

Bangkok , Krung-thep-mahanakhon , Thailand , Thai , Prawit-wongsuwan , Panarat-thepgumpanat , Robert-birsel , Srettha-thavisin , Paetongtarn-shinawatra , Forward-party , Constitutional-court , Thomson-reuters-trust-principles

Swedbank profit exceeds forecast as real estate slump leaves scant mark

Swedish banking group Swedbank reported a bigger-than-expected rise in net profit on Tuesday on the back of higher interest income, and said its credit quality was solid as loan impairments fell sequentially in the second quarter.

Lithuania , Stockholm , Sweden , Swedish , Sherry-jacob-phillips , Jacqueline-wong , Niklas-pollard , Jens-henriksson , Swedbank , Reuters , Jp-morgan , Thomson-reuters-trust-principles

France to raise regulated household electricity prices by 10% from August

The French government has decided to raise regulated household electricity prices by 10% starting from August, a government official said on Tuesday, confirming a report from newspaper Les Echos.

Ukraine , France , Paris , France-general- , French , Tassilo-hummel , Bruno-le-maire , Jason-neely , Charlotte-van-campenhout , Reuters , Thomson-reuters-trust-principles , Finance-minister-bruno-le-maire

Japan PM Kishida in Qatar for LNG talks

Japanese Prime Minister Fumio Kishida arrived in major gas-producer Qatar on Tuesday for the final leg of a Gulf tour that has focused on securing energy supplies and promoting Japanese high-tech.

Riyadh , Ar-riya- , Saudi-arabia , Russia , Japan , Doha , Ad-daw-ah , Qatar , Abu-dhabi , Abuz-aby , United-arab-emirates , Tokyo