- Reuters
India May business growth robust as exports rise at record pace, PMI shows
Business activity in India expanded robustly in May, helped by the dominant services industry, according to a survey that also showed exports rising at a record pace and the sharpest job addition rate in nearly 18 years. HSBC's flash India Composite purchasing managers' Index, compiled by S&P Global, rose slightly to 61.7 this month from April's final reading of 61.5, marking the 34th month above the 50-level separating growth from contraction. "The composite PMI ticked up further in May, recording the third strongest reading in close to 14 years, supported by a sharp acceleration in the service sector," noted Pranjul Bhandari, chief India economist at HSBC.
- Associated Press
Ex-top prosecutor for Baltimore to be sentenced for mortgage fraud and perjury convictions
A former top prosecutor for the city of Baltimore is to be sentenced this week for lying about her personal finances so she could improperly access retirement funds during the COVID-19 pandemic. Sentencing for former Baltimore state's attorney Marilyn Mosby is set to open Thursday at a federal courthouse in Greenbelt, a Maryland suburb of the nation's capital. Two juries separately convicted Mosby of perjury and mortgage fraud charges after trials involving her personal finances.
- The Telegraph
Sky hires veteran Warner Bros executive in push for new revenue
Sky has hired a veteran Warner Bros executive as the broadcaster turns to gaming and betting for new sources of revenue.
