BUENOS AIRES (AP) — Argentine lawmakers on Friday approved an agreement with the International Monetary Fund to refinance a $45 billion debt, a vote meant to avoid economic turmoil but that divided the governing party. The overwhelming vote of 202 to 37, with 13 abstentions, followed a marathon debate through the night while protesters angry…
ROME (AP) — Poorer countries in northern Africa, Asia and the Middle East that depend heavily on wheat imports risk suffering significant food insecurity because of Russia’s war in Ukraine, and the conflict is poised to drive up already soaring food prices in much of the world, the U.N. food agency warned Friday. Ukraine and…
By Tommy Wilkes LONDON (Reuters) – Stocks extended their gains on Friday after Russian President Vladimir Putin said there had been some progress in Moscow’s talks with Ukraine, although the rally was not enough to stop shares heading for their fifth consecutive weekly loss. Putin did not provide any details and recent talks between the…
By Joice Alves LONDON (Reuters) – The euro rose on Friday after Russian President Vladimir Putin said there had been some progress in Moscow’s talks with Ukraine. Even if Putin provided no details, the euro rose 0.4% to $1.1043 minutes after Putin said in a meeting with his Belarusian counterpart Alexander Lukashenko that talks continued…
VERSAILLES, France (AP) — European Union leaders on Friday agreed to phase out dependency on Russian gas, oil and coal imports “as soon as possible” and decided to draw up a plan soon to support the continent’s economies as they face skyrocketing energy prices amid a crisis aggravated by the war in Ukraine. Heads of…
By Devik Jain and Sabahatjahan Contractor (Reuters) – U.S. stock index futures jumped on Friday after Russian President Vladimir Putin said there were “certain positive shifts” in talks with Ukraine, lifting mood at the end of a roller-coaster week marked by concerns about geopolitical tensions and surging oil prices. In a meeting with his Belarusian…
(Reuters) – Flexible workspace provider WeWork Inc reported a smaller fourth-quarter loss on Friday, helped by cost cuts and demand for office space from companies switching to a hybrid model of work. The COVID-19 pandemic has pushed companies to offer employees to work from places other than their offices, benefiting workspace providers such as WeWork,…
By Manas Mishra (Reuters) – The Russian invasion of Ukraine has left drugmakers scrambling to find ways for patients enrolled in clinical trials there to receive their medicines as millions seek shelter from bombardment and flee to neighboring countries. Ukraine, as well as Russia, have become important countries for studying new drugs because patients there…
BEIJING (AP) — China’s government hopes to generate as many as 13 million new jobs this year to help reverse a painful economic slump but faces “many difficulties and challenges,” the country’s No. 2 leader said Friday. Forecasters say the ruling Communist Party is likely to struggle to meet its official target of 5.5% annual…
By Tom Sims, Carolyn Cohn and Jesús Aguado LONDON (Reuters) – Deutsche Bank said it was not withdrawing completely from Russia, drawing anger from investors and contrasting with Wall Street banks which are severing ties with the country over its invasion of Ukraine. Banks and asset managers have joined many other Western companies in pulling…
