BRASILIA (Reuters) – Brazil’s lower house on Wednesday approved a new fiscal framework bill, a major victory for President Luiz Inacio Lula da Silva’s administration as it tries to balance public accounts while taming explosive debt growth. Lawmakers in the chamber voted 372-108 to pass the main text of the bill on late Tuesday that…
By Steve Scherer OTTAWA (Reuters) -Canada and Saudi Arabia have agreed to restore full diplomatic ties and appoint new ambassadors, both countries said on Wednesday, bringing to a close a 2018 dispute that damaged relations and trade. The decision follows discussions held between Canadian Prime Minister Justin Trudeau and Saudi Crown Prince Mohammed bin Salman…
By Hari Kishan BENGALURU (Reuters) – Global stock indices will end this year higher than where they started it but most are set to be confined to ranges in coming months even as central banks approach the endgame for interest rate rises, according to Reuters polls of market strategists. Despite the drubbing in 2022 and…
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -President Joe Biden has picked U.S. Air Force chief General Charles Q. Brown as the top U.S. military officer, the White House said on Wednesday, elevating a former fighter pilot with experience in the Pacific at a time of rising tension with China. Brown, whose long-anticipated appointment…
WELLINGTON (Reuters) – The majority of New Zealand bank customers will be able to send and receive local payments seven days a week, starting on Friday, the local payments overseer said. Payments NZ, which manages New Zealand’s core payment clearing systems said in a statement that from Friday, electronic bank payments made on public holidays…
By Lawrence White LONDON (Reuters) -HSBC is reviewing a possible exit from as many as a dozen countries, or one in five of the markets it operates in, to sharpen its focus on Asian expansion, Chief Financial Officer Georges Elhedery told Reuters in his first interview since taking the role. The reviews follow pressure from…
BOGOTA (Reuters) – Colombia’s Gilinski Group signed a Memorandum of Understanding (MoU) to exit its stake in the country’s largest investment firm, Grupo Sura and take a controlling stake in food producer Nutresa , the companies said on Wednesday. The conglomerate, owned by Jaime Gilinski, one of Colombia’s richest men, had over the past year…
By Andrea Shalal and Nandita Bose WASHINGTON (Reuters) -The White House on Wednesday criticized Republicans and said averting default is the responsibility of every single member of Congress and that preventing such a situation is not a concession. House of Representatives Speaker Kevin McCarthy, a Republican, said on Tuesday a concession he will make is…
By Mike Davidson (Reuters) -Tina Turner, the American-born singer who left a hardscrabble farming community and abusive relationship to become one of the top recording artists of all time, died on Wednesday at the age of 83. She died peacefully after a long illness in her home in Küsnacht near Zurich, Switzerland, her representative said….
(Reuters) – Florida Governor Ron DeSantis said on Wednesday he would seek the 2024 Republican nomination for president, vowing to build a wall on the border with Mexico and not restrict usage of Bitcoin. Here is a selection of his quotes: IMMIGRATION “We will move on day one by declaring a national emergency. We will…
