Canada’s strong retail sales for April, May bolster chances for rate hike
OTTAWA (Reuters) -Canadian retail sales grew much more than expected in April and will likely post another gain in May,…
2023
Brazil Senate committee approves new restrictive fiscal rules
BRASILIA (Reuters) -Brazil’s Senate economic affairs committee gave its approval on Wednesday to new fiscal rules proposed by President Luiz…
Coinbase waged unusual legal defense ahead of SEC’s crypto crackdown
By Jody Godoy (Reuters) – Months before cryptocurrency exchange Coinbase became the biggest target of the U.S. crackdown on digital…
EU approves 11th sanctions package against Russia over Ukraine
By Jan Strupczewski BRUSSELS (Reuters) -European Union governments agreed on Wednesday to an 11th package of sanctions against Russia over…
Fed Members, Shaping The 2024 Campaign Economy, Head To Capitol Hill
By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve Chair Jerome Powell on Wednesday told lawmakers that the fight against…
Exclusive-Credit Suisse seeks to win back clients back with above-market rates
By Vidya Ranganathan and Stefania Spezzati SINGAPORE/LONDON (Reuters) – Credit Suisse, driven into a rescue by UBS after heavy cash…
VW audits Xinjiang plant as rights group pressures car makers
By Victoria Waldersee and Jan Schwartz BERLIN (Reuters) -Germany’s top carmakers were challenged by a Berlin-based rights group on Wednesday…
Factbox-Aviation emissions targets in focus at Paris Airshow
By Joanna Plucinska PARIS (Reuters) – Big deals at this week’s Paris Airshow have highlighted a sharp recovery in air…
Portugal says keeping Lisbon hub is key in TAP airline sale, not price
By Sergio Goncalves LISBON (Reuters) – Keeping Lisbon’s airport hub and safeguarding TAP’s strategic role for Portugal will be key…
China unveils $72 billion tax break for EVs, other green cars to spur demand
By Qiaoyi Li and Liz Lee BEIJING/SHANGHAI (Reuters) -China unveiled on Wednesday a 520 billion yuan ($72.3 billion) package of…