U.S. eases criminal record provision in coronavirus business loan program
FILE PHOTO: U.S. President Donald Trump signs the Paycheck Protection Program and Health Care Enhancement Act financial response to the…
Discontent bubbles in Spain even though coronavirus cases wane
MADRID (Reuters) – Spain’s fragile left-wing coalition sought support from political foes to extend a state of emergency on Wednesday…
California officials reject subsidies for Musk’s SpaceX over Tesla spat
FILE PHOTO: SpaceX founder and chief engineer Elon Musk speaks at a post-launch news conference to discuss the SpaceX Crew…
Trump threatens new tariffs on China in retaliation for coronavirus
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary…
Trump threatens new tariffs on China as U.S. mulls retaliatory action over virus
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary…
U.S. payroll protection program: What has changed in round two?
WASHINGTON (Reuters) – The Small Business Administration on Monday began allowing lenders to process $310 billion in funds for the…
U.S. will cap how much each bank can lend under emergency coronavirus program: memo
FILE PHOTO: A person in a mask walks on a nearly empty street in the coronavirus outbreak near the Treasury…
U.S. six-month deficit rises to $744 billion ahead of virus budget storm in April
WASHINGTON (Reuters) – The United States racked up a $744 billion budget deficit in the first half of fiscal 2020,…
Saudi crown prince, Russia’s Putin discuss efforts to stabilize oil markets: SPA
CAIRO (Reuters) – Saudi Arabia’s Crown Prince and Russian President Vladimir Putin reviewed in a telephone conversation on Friday the…
U.S. approves $168 billion of small business loans under coronavirus plan: Kudlow
FILE PHOTO: White House National Economic Council Director Larry Kudlow speaks during a “small business relief update” video conference call…
Boeing hires Lazard, Evercore to assess government aid or private loans: source
WASHINGTON (Reuters) – Boeing Co has hired investment banks Lazard and Evercore Inc to assess potential U.S. government assistance or…
Trump warns Americans of a tough two weeks in coronavirus fight
Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases, stands behind U.S. President Donald Trump looking…
U.S. Senate races to agree on massive coronavirus relief package
WASHINGTON (Reuters) – The Republican-led U.S. Senate scrambled on Saturday to forge a bipartisan agreement on a $1 trillion-plus bill…
Tunisia allocates $850 million to combat effects of coronavirus
FILE PHOTO: Tunisia’s Prime Minister Elyes Fakhfakh speaks during a handover ceremony in Tunis, Tunisia February 28, 2020. REUTERS/Zoubeir Souissi…
Mnuchin says U.S. coronavirus aid bill cost should be significant, not huge
FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin testifies before the Senate Finance Committee during a hearing on Capitol Hill in…
Euro zone ministers discuss fiscal boost options as virus worries weigh
BRUSSELS (Reuters) – Euro zone finance ministers discussed ways to pursue a more growth-friendly fiscal policy mix on Monday, in…
China posts weakest growth in 29 years as trade war bites, but ends 2019 on firmer note
BEIJING (Reuters) – China’s economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade…
What’s in the U.S.-China ‘phase one’ trade deal
WASHINGTON (Reuters) – The United States and China have agreed on the terms of a “phase one” trade deal that…
China pushing Trump to remove more tariffs ahead of trade deal: media
FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks…
SoftBank mulls bringing 40 companies to Brazil
FILE PHOTO: The logo of SoftBank Group Corp is displayed at the SoftBank World 2017 conference in Tokyo, Japan, July…
U.S. House speaker: Drug pricing plan should be priority for White House
WASHINGTON (Reuters) – House Democrats’ plan to help lower the cost of medicines should be a priority for the White…
Medicinal cannabis could bring in $6 billion a year for Colombia, government says
People attend the 1st forum of the Colombian Association of the Medical and Scientific Cannabis Industry “ASOCOLCANNA” in Bogota, Colombia…
Waning ECB stimulus bets push bond yields higher
LONDON (Reuters) – Global bond yields rose on Monday, amid growing caution over the extent to which the European Central…
Argentine markets split after currency controls stoke uncertainty
BUENOS AIRES/LONDON (Reuters) – Argentina’s international dollar and euro-denominated bonds fell to record lows on Monday and the official peso…
IMF board to meet for informal session about Argentina -spokesperson
BUENOS AIRES (Reuters) – The executive board of the International Monetary Fund will meet for an “informal information session” on…
Exclusive: T. Rowe Price held talks with Guaido team on Venezuela PDVSA 2020 payment
CARACAS (Reuters) – T. Rowe Price has held informal talks with advisors of Venezuelan opposition leader Juan Guaido about financing…
Argentine bond prices fall, country risk soars on debt ‘reprofiling’ plan
BUENOS AIRES (Reuters) – Argentine bond prices fell on Thursday and country risk soared to levels not seen since 2005…
South Africa to roll out sweeping health reform in stages
PRETORIA (Reuters) – A proposed move to universal health coverage in South Africa will be rolled out in stages as…
Fed’s commitment to act upstaged by Trump’s furor
JACKSON HOLE, Wyo. (Reuters) – Federal Reserve Chair Jerome Powell said the central bank would “act as appropriate” to keep…
White House says no recession in sight, pushes China trade talks
WASHINGTON (Reuters) – White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they…
Argentina Treasury minister resigns, says ‘significant renewal’ needed amid economic crisis
FILE PHOTO: Argentina’s Treasury Minister Nicolas Dujovne gestures during a news conference in Buenos Aires, Argentina April 22, 2019. REUTERS/Agustin…
White House says ‘no recession in sight’ despite market turmoil
WASHINGTON (Reuters) – White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they…
Exclusive: Fed’s Mester weighing argument for U.S. rate cut
CLEVELAND (Reuters) – One Federal Reserve policymaker who opposed the Fed’s recent rate cut is considering whether to support such…
Dollar firms, global stocks soar on ECB rate cut expectations
NEW YORK (Reuters) – U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest…
U.S. budget deficit widens; spending up on health, military
WASHINGTON (Reuters) – The U.S. government’s deficit widened to $120 billion in July, fueled by increases in spending on health…
Pandemic bonds face scrutiny after Ebola outbreak yet to trigger payout
LONDON (Reuters) – World Bank funding instruments issued to help emerging countries swiftly tackle pandemics have come under the spotlight…
BlackRock CEO Larry Fink says ECB must buy equities to stimulate euro zone
NEW YORK (Reuters) – BlackRock (BLK.N) Chief Executive Larry Fink said on Friday the European Central Bank will need to…
Deutsche Bank board to meet July 7 to decide on cutting jobs: sources
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo FRANKFURT (Reuters) –…
Fed officials face weak inflation, but split over what it means
WASHINGTON/SAN FRANCISCO (Reuters) – U.S. Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation,…
White House says it will meet two-year deadline for Huawei ban for contractors
FILE PHOTO: A Huawei company logo is seen at CES (Consumer Electronics Show) Asia 2019 in Shanghai, China June 11,…
Lopez Obrador says will shop abroad if necessary to fix medicine shortages
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador vowed on Monday to alleviate a medicine shortage in public…
Mexico budget cuts hit patient care and delay kids’ surgeries, doctors warn
MEXICO CITY (Reuters) – Mexico’s hospitals are reeling under steep budget cuts by the country’s new government, with surgery delays…
Venezuela congress to weigh 2020 PDVSA bond payment next week
CARACAS (Reuters) – Venezuela’s opposition-controlled National Assembly expects to vote on making a $71 million bond interest payment when it…
More U.S. states push ahead with near-bans on abortion for Supreme court challenge
(Reuters) – North Dakota Republican Governor Doug Burgum signed legislation on Wednesday making it a crime for doctors to perform…
U.S. expands abortion ‘gag rule,’ cuts funding to regional bloc: Pompeo
WASHINGTON (Reuters) – The Trump administration on Tuesday expanded its anti-abortion policies, cutting funding to the Organization of American States…
German lawmakers challenge deputy finance minister’s Goldman link in bank merger
BERLIN/FRANKFURT (Reuters) – German lawmakers on Monday criticized deputy finance minister Joerg Kukies and Goldman Sachs, alleging a conflict of…
Exclusive: Fed’s Williams says new economic outlook necessary for rate hikes
NEW YORK (Reuters) – New York Fed President John Williams on Tuesday said he was comfortable with the level U.S.…
Honda to shut UK car plant in 2022 with the loss of 3,500 jobs
LONDON (Reuters) – Japanese car maker Honda is set to announce it’s closing its only British car plant in 2022…
Honda to close UK car plant with the loss of 3,500 jobs
LONDON (Reuters) – Japanese carmaker Honda is set to announce the closure of its only British car plant in 2022…
Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade
MEXICO CITY (Reuters) – Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising…
Shutdown costs pegged at $3 billion as government reopens
WASHINGTON (Reuters) – The U.S. economy was expected to lose $3 billion from the partial federal government shutdown over President…
Irish data watchdog investigates Twitter over privacy rules breach
FILE PHOTO: The Twitter logo in New York City, U.S., September 28, 2016. REUTERS/Brendan McDermid/File Photo DUBLIN (Reuters) – Twitter’s…
Merkel lauds G20 agreement on need for reform of world trade
German Chancellor Angela Merkel attends the plenary session at the G20 leaders summit in Buenos Aires, Argentina December 1, 2018.…
China moves to lift confidence as economic growth hits weakest pace since 2009
BEIJING (Reuters) – China’s economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving…
McConnell says Senate Republicans might revisit Obamacare repeal
WASHINGTON (Reuters) – Republicans could try again to repeal Obamacare if they win enough seats in U.S. elections next month,…
Greece set to exit bailout, still faces daunting challenges
ATHENS (Reuters) – Greece exits the last of its three bailouts on Aug. 20 and hopes to be able to…
For Greece’s austerity-hit elderly, bailout will never end
ATHENS (Reuters) – With two euros in his pocket, Yorgos Vagelakos, an 81-year-old retired factory worker, scouts the farmer’s market…