Stories for May 2019

Tuesday, May 7th 2019 - 09:15 UTC
US Federal Reserve warns about stock prices and high corporate debt loads

The US central bank warned on Monday of persistent risks to the financial system posed by elevated stock prices and historically high corporate debt loads as well as the impact of President Donald Trump's trade wars.
Tuesday, May 7th 2019 - 09:10 UTC
It's a boy: Meghan and the baby are doing incredible well, announced Prince Harry

Congratulations have poured in from around the world following the birth of the Duke and Duchess of Sussex's son. The newborn was delivered at 05:26 BST on Monday, with Prince Harry saying the baby boy was “absolutely to-die-for”.
Tuesday, May 7th 2019 - 09:09 UTC
Another Brazilian bank expands into the US to keep competing with rivals

Brazil's Banco Bradesco SA has embarked on its first-ever international acquisition by paying approximately US$ 500 million to buy BAC Florida Bank, which focuses on high-net-worth individuals in a move intended to close the gap with Brazilian rivals.
Tuesday, May 7th 2019 - 09:04 UTC
Myanmar releases two Reuters reporters imprisoned for 500 days

Two Reuters journalists jailed in Myanmar after they were convicted of breaking the Official Secrets Act walked free from a prison on the outskirts of Yangon on Tuesday after spending more than 500 days behind bars, witnesses said.
Tuesday, May 7th 2019 - 08:57 UTC
Bolsonaro insists in being honored in the US: this time possibly in Texas

Brazil's right-wing President Jair Bolsonaro is considering travelling to the United States to be honoured at an event in Texas next week, his spokesman said on Monday, just days after he cancelled a heavily criticized visit to New York City.
Tuesday, May 7th 2019 - 08:48 UTC
Trump will not release his tax returns to Congress, Mnuchin tells House committee

The US Treasury will not hand President Donald Trump's tax returns over to Democratic lawmakers, defying a demand from Congress, US Treasury Secretary Steven Mnuchin said on Monday.
Tuesday, May 7th 2019 - 08:32 UTC
Pope Francis tells Argentine bishops he desires to visit his homeland in the near future

Despite stating at the outset that he didn’t like travel and didn’t plan to do much of it, during the first six years of his pontificate Pope Francis made close to 30 international trips, including visiting virtually every country of Latin America. Yet there’s one glaring exception: his home country, Argentina and neighbouring Uruguay.
Tuesday, May 7th 2019 - 08:27 UTC
UK media reports Theresa May preparing options in case talks with Labour fail

British Prime Minister Theresa May has carried out “scenario planning” for a second Brexit referendum in case she is forced by parliament to hold one, the Daily Telegraph newspaper reported on Monday.
Tuesday, May 7th 2019 - 07:52 UTC
Pence is to announce more incentives for the military to turn against Maduro

US vice-president Mike Pence is set on Tuesday to offer new incentives to Venezuela's military to turn against President Nicolas Maduro, responding to an attempted uprising that fizzled out last week, a senior administration official told Reuters.
Monday, May 6th 2019 - 09:59 UTC
Guaidó considering asking Trump to launch a military intervention in Venezuela

Venezuelan opposition leader Juan Guaidó has said he is considering asking the US to launch a military intervention in the embattled country. Speaking to the BBC's Nick Bryant, he said he would “evaluate all options” to oust President Nicolás Maduro.