Category Archives:
Factbox-Why Pakistan’s long-awaited IMF tranche is important
By Ariba Shahid KARACHI, Pakistan (Reuters) - Pakistani Prime Minister Shehbaz Sharif said on Tuesday he hoped a bailout decision from the International Monetary Fund would come in a day or two, cappi...
Jun 27, 2023
Bank of America to expand in four US states, closing gap with JPMorgan
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) - Bank of America Corp is adding consumer branches in four new U.S. states, it said on Tuesday, bringing its national footprint closer to rival JPMo...
Jun 27, 2023
BOJ may tweak yield control policy in Oct – ex-board member
By Leika Kihara TOKYO (Reuters) - The Bank of Japan (BOJ) is likely to move steadily towards phasing out its massive stimulus and may tweak yield curve control as early as October, said former central...
Jun 27, 2023
US core capital goods orders unexpectedly rise in May
WASHINGTON (Reuters) - New orders for key U.S.-manufactured capital goods unexpectedly rose in May, but the prior month's data was revised down, indicating that businesses remained cautious about new ...
Jun 27, 2023
Canada’s inflation rate slows to 3.4% in May on cheaper gas
OTTAWA (Reuters) - Canada's annual inflation rate slowed to 3.4% in May, matching expectations, driven by a drop in gasoline prices, while mortgage interest costs remained high, Statistics Canada data...
Jun 27, 2023
Brazil inflation slows down as central bank foresees August rate cut
SAO PAULO (Reuters) - Annual inflation in Brazil continued to slow down in early June, hitting its lowest in nearly three years as the central bank signaled it may start cutting interest rates as soon...
Jun 27, 2023
Spain offers income tax rebate for electric car buyers
MADRID (Reuters) -Spain will reimburse up to 15% of income tax to people who buy an electric vehicle (EV) before the end of the year to encourage cleaner driving, Economy Minister Nadia Calvino said o...
Jun 27, 2023
Ryanair aiming for at least 50% growth in east, central Europe
By Alan Charlish WARSAW (Reuters) - Ryanair expects passenger numbers in central and eastern Europe (CEE) to surge by at least 50% over the next decade, the airline's manager for the region said, as i...
Jun 27, 2023
AmEx names insider Christophe Le Caillec as CFO after Campbell decides to retire
(Reuters) - Credit card giant American Express Co said on Tuesday Chief Financial Officer Jeffrey Campbell has decided to retire from the company, and Deputy CFO Christophe Le Caillec would succeed hi...
Jun 27, 2023
Brazil central bank signals possibility of rate cut in August by majority view
BRASILIA (Reuters) - Brazil's central bank signaled on Tuesday that a majority of its policymakers see a possibility of initiating a "parsimonious" rate cut at its next meeting in August, provided tha...
Jun 27, 2023
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