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People walk past a public bus, which was set afire by Khan’s supporters during a protest against his arrest, in Karachi, Pakistan. May 10, 2023. REUTERS/Akhtar Soomro
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- Investors await the April US consumer price data, due at 1230 GMT. Economists expect the headline CPI to hold steady at an annual 5% and core CPI to moderate very slightly to 5.5%, though anything stickier could confound bets interest rates will fall.
- India’s Go First was granted bankruptcy protection, bolstering the airline’s chances of getting back on its feet, but lessors are expected to mount legal challenges to repossess planes. The low-cost carrier was plunged into financial crisis, sparked by what it called “faulty” Pratt & Whitney engines. We took a look at the engine dispute at the heart of Go First’s bankruptcy filing.
- Shifting travel patterns by consumers in a post-pandemic world are forcing airlines to guess at what is the “new normal” as they seek to adjust by cutting flights, revamping networks and packing even more passengers into planes.
- Some of Britain’s top finance executives, fearful London is losing out to New York and rival European cities, are pressing the government to broaden an array of reforms aimed at attracting big-ticket corporate listings.
- People in China splashed out on dining, travel and luxury goods after emerging from three years of pandemic restrictions but are still not spending freely on routine consumer items, if first-quarter corporate results are an indication.
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How El Chapo’s sons built a fentanyl empire poisoning America
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Joaquín “El Chapo” Guzmán is escorted by soldiers on January 8, 2016. While he has been locked up in a US prison, his sons have assumed his mantle. REUTERS/Henry Romero
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Collectively known as Los Chapitos, or “the little Chapos,” the four siblings were once mocked by adversaries as entitled princelings more concerned with flashing their wealth on Instagram than the grubby work of moving tons of cocaine into the United States. Yet this Reuters Special Report shows how the brothers have resuscitated a drug empire teetering after their father was locked behind US bars and diversified the business by embracing a new line of synthetic drugs.
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Buddy Holly celebrates after winning the best in show competition during the 147th Westminster Kennel Club Dog Show in New York, May 9, 2023. REUTERS/Eduardo Munoz
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A good boy. A petit basset griffon Vendeen named Buddy Holly won best of show in the 147th Westminster Kennel Club Dog Show, beating out more than 3,000 dogs from 210 breeds and varieties to claim the most prestigious such US prize.
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/cloudfront-us-east-2.images.arcpublishing.com/reuters/WADOOZOUGBLVFHVPURKXSH43J4.jpg "Pakistan cracks down on Imran Khan's supporters 44")
/cloudfront-us-east-2.images.arcpublishing.com/reuters/HWEXFS7ULJLIRBTI7EQZ6H3QIY.jpg "Pakistan cracks down on Imran Khan's supporters 50")
