Category Archives:
Affirm partners with Stripe to expand offering of buy now, pay later services
By Hannah Lang (Reuters) - Affirm Holdings Inc is partnering with digital payments processor Stripe Inc to offer buy now, pay later services to Stripe users in the United States. Through the venture, ...
May 31, 2022
Russia’s central bank sees space for crypto in international trade
(Reuters) - Russia's central bank is open to allowing the use of cryptocurrency for international payments, a senior bank official said on Tuesday, in a sign of a possible relaxation of its opposition...
May 31, 2022
Brazil’s jobless rate drops to 10.5% in quarter through April
SAO PAULO (Reuters) - Brazil's jobless rate fell to 10.5% in the three months through April, making it the lowest since early 2016, statistics agency IBGE said on Tuesday. The unemployment rate came i...
May 31, 2022
Canada’s first-quarter growth disappoints, but unlikely to sway BoC on rate hike
By Julie Gordon OTTAWA (Reuters) -Canada's economic growth was not as robust as expected in the first quarter, dragged by lower export volumes, official data showed on Tuesday, though activity was ban...
May 31, 2022
Puma taking orders from wholesalers, including those with Russian presence
BERLIN (Reuters) - German sportswear maker Puma has started taking orders for next year from wholesalers around the globe, some of which operate in Russia, but the company said it was not importing in...
May 31, 2022
Exclusive-Glencore helps Zambia’s Mopani Copper Mines pay bills
By Helen Reid JOHANNESBURG (Reuters) - Mining and commodity trading giant Glencore has helped to fund Zambia's Mopani Copper Mines as the company has been unable to pay its bills on time and the state...
May 31, 2022
JPM says Meta will become Broadcom’s next billion-dollar customer
(Reuters) - Facebook parent Meta Platforms Inc will use Broadcom Inc's custom chips to build its metaverse hardware, becoming the chipmaker's next billion-dollar ASIC customer, analysts at J.P. Morgan...
May 31, 2022
Wild swings of May not necessarily the end of market turmoil
LONDON (Reuters) - Sell in May? They certainly did, but rather than go away as the old stock market adage suggests, traders returned to aggressively buy the dip, causing some of the wildest monthly sw...
May 31, 2022
Leonardo shareholders reject liability action against CEO
ROME (Reuters) - Shareholders in Italy's Leonardo on Tuesday rejected a proposal by activist investor Bluebell Partners to start a liability action against the defence group's chief executive Alessand...
May 31, 2022
Russian cenbank downplays role of dollar, euro at home and globally
(Reuters) - The role of the dollar and the euro as global currencies is set to decline as central banks rethink their strategies after the West froze Russian reserves, Russia's central bank said on Tu...
May 31, 2022
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