By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund’s steering committee on Friday said it would accelerate its discussions on quota reforms at the global lender with an eye to making “considerable progress” by its next meeting in October. Spanish Economy Minister Nadia Calvino, who chairs the International Monetary and Financial Committee…
(Reuters) -Deposits at U.S. commercial banks rose in early April in a renewed sign of confidence in the banking sector after massive deposit outflows following last month’s failure of two large regional banks. Federal Reserve data released on Friday showed deposits at all commercial banks rose to $17.43 trillion in the week ended April 5,…
By Blake Brittain and Andrew Goudsward (Reuters) -A federal appeals judge in Washington is under investigation by her own court for allegedly failing to carry out her duties and refusing to respond to other judges’ concerns, court officials at the U.S. Court of Appeals for the Federal Circuit said on Friday. An order signed by…
By Elizabeth Pineau, Noemie Olive and Ingrid Melander PARIS (Reuters) -French President Emmanuel Macron’s flagship pension reform will enter into force swiftly, officials said on Friday after it received the Constitutional Council’s approval despite months of street protests and strikes. The legislation, which pushes up the age at which one can draw a pension to…
WASHINGTON (Reuters) -U.S. President Joe Biden will host a bilateral meeting with Colombian President Gustavo Petro, White House spokesperson Karine Jean-Pierre said in a statement on Friday. “I am grateful to President Biden for his invitation,” Petro said on Twitter. “It is a key moment to strengthen the relationship and mutual cooperation between both countries,…
By Jorgelina do Rosario WASHINGTON (Reuters) -The Argentine government is in talks to issue two dollar-bonds for up to $600 million each with separate guarantees from the World Bank and the CAF as collateral, a source from Argentina’s Economy Ministry said on Friday. The World Bank and CAF-Development Bank of Latin America could not be…
By Tom Polansek CHICAGO (Reuters) -The U.S. government is testing four potential bird flu vaccines for poultry, officials said on Friday, after more than 58 million chickens, turkeys and other birds have died in the nation’s worst outbreak ever. The trials, conducted by the U.S. Department of Agriculture’s (USDA) Agricultural Research Service, are the first…
By Aishwarya Nair (Reuters) – Boeing Co shares closed down 5.6% on Friday after the planemaker halted deliveries of some 737 MAX jets due to quality-related problems in certain components made by one of its main suppliers. Boeing is under tough regulatory scrutiny following the deadly crashes of its MAX planes in 2018 and 2019…
By Fergal Smith (Reuters) -Canada’s main stock index edged up on Friday to its highest closing level in six weeks, helped by gains for energy and financial shares, while weaker gold prices drove down mining stocks. The Toronto Stock Exchange’s S&P/TSX composite index rose 15.42 points, or 0.1%, to 20,579.91, its highest closing level since…
By Herbert Lash NEW YORK (Reuters) – Treasury yields rose and the dollar index bounced off a one-year low on Friday after a decline in U.S. retail sales suggested the economy is slowing but not fast enough to stop the Federal Reserve from raising interest rates again in May. Stocks on Wall Street fell and…
