ANKARA (Reuters) – European Council President Charles Michel called on Turkey to keep working to resolve disputes with Greece and Cyprus over gas rights in the Mediterranean as he visited Ankara on Tuesday to discuss trade and refugees with President Tayyip Erdogan.Turkish President Tayyip Erdogan meets with European Council President Charles Michel and European Commission…
* Canadian dollar weakens 0.3% against greenback * Loonie trades in a range of 1.2516 to 1.2575 * Price of U.S. oil rises 1.9% * Canadian bond yields ease across flatter curve TORONTO, April 6 (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Tuesday, with the loonie pulling back from a two-week…
FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann/File PhotoZURICH (Reuters) – Credit Suisse on Tuesday said it was replacing senior managers, halting its share buyback programme and slashing its 2020 dividend as it grapples with the estimated 4.4 billion Swiss…
WASHINGTON, April 5 (Reuters) – U.S. bankruptcies surged in March driven by a 41% jump in month to month filings by consumers, data firm Epiq AACER reported on Monday.Overall commercial filings also increased, though the Chapter 11 bankruptcy used by larger companies fell, the firm said.U.S. bankruptcies had declined through much of the pandemic year,…
WASHINGTON, April 5 (Reuters) – The World Bank estimates that Africa would need about $12 billion for COVID-19 vaccines and their distribution to attain sufficient levels of vaccination coverage to interrupt virus transmission, according to new paper by the bank and the IMF.The paper argued for a further extension of the Group of 20’s debt…
FILE PHOTO: A person holds a sign advertising a sale at Century 21, a retail outlet that announced it was filing for bankruptcy and closing its stores due to the economic impact of the coronavirus disease (COVID-19) in Manhattan, New York City, U.S., September 26, 2020. REUTERS/Andrew KellyWASHINGTON (Reuters) – U.S. bankruptcies surged in March…
UPDATE 1-Brazil 2021 budget impasse to be resolved ‘well before’ April 22 deadline -economy minister
(Adds quotes, background)BRASILIA, April 5 (Reuters) – Brazilian Economy Minister Paulo Guedes said on Monday he expected the impasse surrounding this year’s federal budget to be resolved “well before” the official April 22 deadline, and dismissed the recent controversy surrounding it as noise.The 1.5 trillion reais ($264 billion) budget was approved by Congress last month…
HAVANA (Reuters) – During some summers, as the Caribbean water temperatures climb, the luminous coral colonies of gold, green and blue that ring the island nation of Cuba give way to patches of skeletal white.A view of a coral colony on the coast of Havana, Cuba, March 28, 2021. REUTERS/Sarah MarshThe technicolor streaks of darting…
FILE PHOTO: SoftBank Corp’s logo is pictured at a news conference in Tokyo, Japan, Feb. 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo(Reuters) -Invitae Corp said on Monday a group of investors including SoftBank Group Corp will invest $1.15 billion in the U.S. genetic diagnostics company.It said the investment, to be used for its growth initiatives, will be…
FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo(Reuters) – The National Labor Relations Board (NLRB) has determined Amazon.com Inc illegally retaliated against two of its most prominent internal critics when it fired them last year, the New York Times reported…