(Reuters) – Haiti has made “significant progress” on governance issues such as transparency, the International Monetary Fund (IMF) said on Thursday, as its management wrapped up a final review of an informal agreement to monitor its economic program. In a second and final review of its Staff-Monitored Program (SMP), approved in June last year, the…
By Lisa Baertlein and Kanjyik Ghosh (Reuters) -The Longshore union and employers of 22,000 dockworkers at U.S. West Coast ports on Wednesday said they have reached a tentative deal on a new six-year contract, ending 13 months of talks and easing supply chain worries. The deal was reached with assistance from Acting U.S. Labor Secretary…
PARIS (Reuters) – The French economy will grow 0.1% in the second quarter of the year, the INSEE statistics agency said, revising down an earlier forecast of 0.2% due to weak household spending and investment. Further out, the euro zone’s second biggest economy is projected to expand by 0.1% in the third quarter and 0.2%…
By Nicolás Misculin BUENOS AIRES (Reuters) – The Clooney Foundation for Justice has accused Venezuelan security forces of crimes against humanity against government opponents since 2014 in a legal complaint filed in Argentina on Wednesday. The foundation said that for lack of a response from Venezuelan authorities, it filed the complaint in Argentina where universal…
(Reuters) – Unilever said on Wednesday it is set to acquire frozen yogurt brand Yasso Holdings in North America, adding to its roster of premium ice-cream brands like Ben & Jerry’s, Magnum, and Talenti. The consumer goods giant said its acquisition of Boulder, Colorado-based Yasso falls in line with its strategy to upscale the ice…
By Chris Taylor NEW YORK (Reuters) -No matter how successful you may be – even as a founder, president, or CEO – none of us start out that way. We absorb life lessons from the people around us, very often our parents. In honor of Father’s Day, Reuters asked a few C-Suite leaders about a…
By Chris Taylor NEW YORK (Reuters) -No matter how successful you may be – even as a founder, president, or CEO – none of us start out that way. We absorb life lessons from the people around us, very often our parents. In honor of Father’s Day, Reuters asked a few C-Suite leaders about a…
By Stanley Widianto JAKARTA (Reuters) -Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security. Southeast Asia, a region with a collective population of 630…
WASHINGTON (Reuters) – U.S. business inventories rebounded in April, boosted by stocks at manufacturers, suggesting that inventories could contribute to economic growth in the second quarter. Business inventories increased 0.2% after dropping 0.2% in March, the Commerce Department said on Thursday. The rebound in inventories, a key component of gross domestic product, was in line…
DUBAI (Reuters) – The Saudi Central Bank, known as SAMA, may need to inject liquidity into the banking sector like it did last year as interbank rates sit at their highest since 2001, London-based Capital Economics said on Thursday. SAMA did not immediately respond to a request for comment. “A saving grace in the rise…
