Platinum facing biggest deficit in years as carmakers snap up metal
LONDON (Reuters) – Rising demand from automakers, industry and investors will push the global platinum market into its biggest deficit…
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Argentina raises economic defenses against inflation ‘onslaught’
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s government is bolstering its economic defenses as it battles runaway inflation that…
Explainer-How Wall Street is preparing for possible US debt default
By Davide Barbuscia and Pete Schroeder NEW YORK/WASHINGTON (Reuters) – As talks over raising the U.S. government’s $31.4 trillion debt…
Fed’s Goolsbee says May rate hike was ‘close call’ for him
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee said on Monday that his decision to support an interest rate…
Brazil’s Americanas looking for buyer for stake in Grupo Uni.co
SAO PAULO (Reuters) – Brazilian retailer Americanas SA, which filed for bankruptcy earlier this year after an accounting scandal, said…
NY Fed’s domestic markets chief to join Bank of New York Mellon
By Michael S. Derby (Reuters) – Bank of New York Mellon Corp on Monday said a top New York Federal…
India’s April merchandise and services trade deficit at 21-month low
By Shivangi Acharya and Manoj Kumar NEW DELHI (Reuters) – India’s merchandise and services trade deficit narrowed to a 21-month…
Elon Musk to meet Macron, other leaders at France conference
PARIS (Reuters) -Billionaire entrepreneur Elon Musk will meet French President Emmanuel Macron and other political leaders on Monday at a…
US consumers keep vehicles for a record 12.5 years on average -S&P
By Paul Lienert (Reuters) – Americans in the waning days of the COVID pandemic are keeping their combustion-engine vehicles longer,…
KKR-backed Envision Healthcare files for bankruptcy
(Reuters) -KKR & Co Inc-backed Envision Healthcare Corp and its wholly owned subsidiaries filed for Chapter 11 bankruptcy protection on…