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…
© Reuters. FILE PHOTO: U.S. President Biden holds Cabinet meeting at the White House in Washington By Andrea Shalal WASHINGTON (Reuters) -President Joe Biden on Monday defended his proposal to increase corporate taxes to help pay for a big boost in U.S. infrastructure spending, saying he is not at all worried the tax hike would…
© Reuters. FILE PHOTO: Real estate signs advertise new homes for sale in multiple new developments in York County, South Carolina By Howard Schneider WASHINGTON (Reuters) – The breakout of and meme stocks may have captured the headlines during the pandemic, but people still see buying a primary residence as a better and less nerve-racking…
No results matched your search Economy2 hours ago (Apr 05, 2021 01:15PM ET) © Reuters. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County (Reuters) -Shares of Pioneer Natural Resources (NYSE:) declined more than 6% as the U.S. oil producer’s $6.4 billion acquisition of rival…
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…
(Reuters) – Genstar Capital, which is focused on investments in financial services, healthcare, industrials and software industries, said on Monday it had raised more than $10 billion for its tenth flagship fund.The announcement comes less than two years after the buyout firm raked in $7 billion for its ninth fund.U.S. private equity fundraising dropped to…
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