Fed says 57 firms set to use ‘FedNow’ instant payments after late July launch
WASHINGTON (Reuters) – The U.S. Federal Reserve announced on Thursday that 57 firms have been certified to utilize its “FedNow”…
Economy
Exclusive-Pakistan expects IMF deal in next 24 hours – finance minister
By Asif Shahzad LAHORE (Reuters) -Pakistan’s finance minister said a staff level agreement for a crucial bailout deal with the…
Thrift store operator Savers valued at nearly $4 billion in market debut
By Sri Hari N S and Niket Nishant (Reuters) -Thrift store operator Savers Value Village fetched a market capitalization of…
Exclusive-EDF CEO tells managers nuclear business to be reorganised
PARIS (Reuters) – EDF CEO Luc Remont told managers on Thursday that the state-owned power group’s nuclear activities would be…
U.S. Supreme Court buoys religious employees who seek accommodations at work
By Andrew Chung (Reuters) -The U.S. Supreme Court on Thursday bolstered the ability of employees to obtain accommodations at work…
Mexico’s economic outlook uncertain, say finance officials
MEXICO CITY (Reuters) – Mexico’s financial system stability committee described the country’s economic outlook as uncertain on Thursday, citing persistent…
Hollywood stars stand by actors not ‘swimming in money’
By Danielle Broadway LOS ANGELES (Reuters) – Laz Alonso recalled his days as an aspiring actor trying to break into…
Brazil cenbank chief signals he supports changing inflation target time frame
By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto indicated on Thursday he supports adopting a…
Polestar to adopt Tesla’s supercharger network in the US, Canada
(Reuters) – Swedish electric vehicle (EV) maker Polestar said on Thursday it has signed an agreement with Tesla to adopt…
H&M leads Europe’s STOXX 600 higher, rate hike jitters weigh
By Amruta Khandekar, Matteo Allievi, Bansari Mayur Kamdar (Reuters) -European shares edged higher on Thursday with Swedish retailer H&M rallying…