IMF board approves Pakistan bailout programme
(Reuters) – The board of the International Monetary Fund (IMF) approved a $3 billion, nine-month bailout programme for Pakistan on…
Business
Canada probes Nike, Dynasty Gold over alleged use of forced labor in China
By Ismail Shakil and Divya Rajagopal OTTAWA (Reuters) – Canada’s corporate ethics watchdog launched separate investigations into Nike Canada and Dynasty…
Explainer-Why is the U.S. SEC reforming money market funds?
By Michelle Price WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Wednesday finalized long-awaited regulations to improve…
Germany plans to offer companies $6.6 billion a year in tax relief
BERLIN (Reuters) -Germany’s finance ministry plans to offer companies a tax relief package of around 6 billion euros ($6.61 billion)…
Texas defers decision on EV charging funds amid industry pushback on Tesla plugs – sources
By Abhirup Roy SAN FRANCISCO (Reuters) – Texas again deferred a vote on grants of federal funds to build electric…
Russian consumer inflation accelerates again in June
(Reuters) – Inflation in Russia accelerated in June, data from the state statistics service Rosstat showed on Wednesday, a little…
European shares jump as cooling US inflation boosts rate pause bets
By Amruta Khandekar and Shreyashi Sanyal (Reuters) – European shares jumped on Wednesday as further evidence of easing consumer inflation…
Exclusive-Bonderman’s Wildcat seeks to thwart $2.9 billion Consolidated Communications deal
By Anirban Sen NEW YORK (Reuters) -Wildcat Capital Management LLC, which manages the wealth of buyout firm TPG Inc’s co-founder…
Broadcom’s $61 billion VMware deal wins conditional EU antitrust OK
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom secured EU antitrust approval on Wednesday for its $61 billion…
Global public debt hits record $92 trillion – UN report
By Jorgelina do Rosario LONDON (Reuters) -Global public debt surged to a record $92 trillion in 2022 as governments borrowed…