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US to appoint Thomas Barrack as special envoy for Syria, sources say
By Timour Azhari and Jonathan Spicer DAMASCUS/ISTANBUL, May 21 (Reuters) - The United States will appoint President Donald Trump's longtime friend and current U.S. ambassador to Turkey, Thomas Barrack, as a special envoy for Syria, a person with direct knowledge of the matter and a diplomat i...Reuters
Wed, May 21
Lowe's beats quarterly comparable sales estimates
May 21 (Reuters) - Home improvement retailer Lowe's Cos LOW.N posted a smaller-than-expected drop in first-quarter comparable sales on Wednesday, as shoppers spent on maintenance projects while holding off on big-ticket purchases amid higher borrowing costs.The company reported a 1.7% drop in sa...Reuters
Wed, May 21
US states mount court challenge to Trump's tariffs
Lawsuit filed by New York, Illinois, Oregon, 9 other statesState attorneys general say Trump misused emergency powers lawOregon AG says tariffs will cost families $3,800/yearUS Justice Dept says state estimates of losses are 'speculative'By Dietrich Knauth NEW YORK, May 21 (Reuters) - Twe...Reuters
Wed, May 21
EU bill auction deadline postponed by 1 hour, Commission says
May 21 (Reuters) - The European Commission, on behalf of the European Union, has postponed the deadline for Wednesday's bill auction by one hour due to a technical problem with Bloomberg.The auction will be carried out at 13:00 CET (1100 GMT) instead of 12:00 CET to ensure a smooth functioning o...Reuters
Wed, May 21
German economic advisory panel forecasts stagnation this year
By Maria Martinez BERLIN, May 21 (Reuters) - The German Council of Economic Experts cut its economic forecast for the German economy on Wednesday, now expecting Europe's biggest economy to stagnate this year as it sees a "pronounced phase of weakness". The academic body that advises t...Reuters
Wed, May 21
Euro zone yields nudge higher, long-dated bonds under pressure
LONDON, May 21 (Reuters) - Euro zone government bond yields edged higher on Wednesday, shaped by the broad global mood, with Treasury yields rising on worries about the U.S. fiscal position, super-long Japanese yields at record levels, and UK inflation above expectations. Germany's 10-year yield...Reuters
Wed, May 21
