No results matched your search Economy2 hours ago (Apr 06, 2021 03:21PM ET) 2/2 © Reuters. FILE PHOTO: Newly manufactured Ford Motor Co. 2021 F-150 pick-up trucks are seen waiting for missing parts in Dearborn 2/2 By David Lawder (Reuters) – The International Monetary Fund said on Tuesday unprecedented public spending to fight the COVID-19…
© Reuters. FILE PHOTO: Cecilia Rouse, U.S. President-elect Joe Biden's nominee to be chair of the Council of Economic Advisers, speaks in Wilmington, Delaware, U.S., December 1, 2020 WASHINGTON (Reuters) – The United States must invest heavily in its workforce, infrastructure, research and development remain competitive and stay the world’s largest economy, Cecilia Rouse, chair…
FILE PHOTO: Gravediggers wearing protective suits carry a coffin of a 32-year-old man who died from the coronavirus disease (COVID-19) as spotlights illuminate the graves during night burials at Vila Formosa cemetery in Sao Paulo, Brazil, March 30, 2021. REUTERS/Amanda PerobelliRIO DE JANEIRO (Reuters) – Brazil’s brutal surge in COVID-19 deaths will soon surpass the…
BUDAPEST, April 6 (Reuters) – The National Bank of Hungary said on Tuesday it had raised the scope of its latest cheap loans programme to 3 trillion forints ($9.86 billion) from 2.5 trillion to help post-pandemic recovery.The bank said it has already booked more than 2 trillion forints worth of applications for the loans, which…
FILE PHOTO: Spanish Economy Minister Nadia Calvino, left, and International Monetary Fund Chief Economist Gita Gopinath take questions at the annual meetings of the IMF and World Bank in Washington, U.S., October 18, 2019. REUTERS/James Lawler Duggan/File PhotoWASHINGTON (Reuters) – The growth of U.S. debt due to massive coronavirus aid spending is not a major…
FILE PHOTO: Qatar Airway’s Chief Executive Officer, Akbar Al Baker speaks at the opening session of a CAPA aviation summit, in Doha, Qatar February 5, 2020. REUTERS/Ibraheem al OmariDUBAI (Reuters) – Qatar Airways Chief Executive Akbar al-Baker said on Tuesday he agreed with industry forecasts that passenger demand for air travel would not return to…
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,…