New Zealand on Thursday lifted welfare benefit rates and promised billions of dollars more towards addressing rising inequality in its annual budget, as it predicted smaller deficits and a faster economic recovery from COVID-19.
The dollar gained ground on Wednesday, snapping a four-day losing streak and bouncing off a multi-month low following the release of the minutes from the Fed’s most recent monetary policy meeting. In those minutes, a number of members of the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) said that should the economic recovery continue…
Mumbai-based Emeritus, an edtech company that works with universities to create online upskilling courses for employed folks, just spent a big chunk of cash to break into K-12. Emeritus, which is part of the Eruditus group, announced today that it plans to acquire iD Tech, a STEM education service for children. The acquisition, which has…
Republic Bancorp, Inc. (RBCAA) – Get Report, parent company of Republic Bank & Trust Company, declared a cash dividend of $0.308 per share on Class A Common Stock and $0.28 per share on Class B Common Stock, payable July 16, 2021 to shareholders of record as of June 18, 2021. Republic Bancorp, Inc. (the “Company”)…
Wall Street’s main indexes remained lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the U.S. economy remained far from the central bank’s goals, with some eyeing a future discussion of tapering its bond buying program. The S&P 500 (.SPX) added to losses after the release revealed a number of…
Turkish President Tayyip Erdogan said UEFA’s decision to move the Champions League final between English clubs Manchester City and Chelsea to Porto from Istanbul was political.”A couple of years ago, we were notified that the final would be played in Turkey, but things took a sudden turn when two English clubs qualified to play the…
Prime Minister Kyriakos Mitsotakis said on Wednesday more than a dozen Greek airports renovated by a German-led consortium could serve as “bridges” for a summer of greater freedom after months of lockdown prompted by the coronavirus pandemic.He was speaking at the opening of the refurbished airport of Thessaloniki, the final leg of a 440 million…
The TC Disrupt 2021 super early-bird deal took our best deal in its beak and flew the coop. But you can still buy a Startup Alley Pass and exhibit in our virtual expo area at a great price. Take advantage of our early-bird deal, cross an item off your to-do list and keep $50 in…
Switzerland said on Wednesday it will ease the import of medical technology products from the European Union in an effort to avoid shortages of essential supplies during a treaty row.An accord with Switzerland’s biggest trading partner on mutual recognition of industrial standards that helps such products flow across borders is set to expire on May…
© Reuters. By Huw Jones LONDON (Reuters) – It should be for clients to decide where they clear euro derivatives, though customers are ready to move business from London to Frankfurt if forced to by the European Union, bankers said on Wednesday. The London Stock Exchange’s LCH unit clears more than 90% of euro-denominated interest…
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