MSCI keeps eye on Nigeria market classification after recent FX changes
NEW YORK (Reuters) – MSCI will continue to consult with financial market participants on a potential reclassification of Nigeria to…
Economy
Tastemaker SPAC calls off nearly $1 billion planned merger with Quality Gold
(Reuters) – Special purpose acquisition company (SPAC) Tastemaker Acquisition Corp said on Thursday its planned $989 million merger with jewelry…
Ford preparing for new round of layoffs for US salaried workers – WSJ
(Reuters) – Ford Motor is preparing for a new round of layoffs for its salaried workers in the United States,…
Argentina seeks Biden’s support in debt talks with ‘inflexible’ IMF
By Eliana Raszewski BUENOS AIRES (Reuters) -Argentina has directly asked U.S. President Joe Biden for support in the country’s talks…
Factbox-Flurry of US-India deals on AI, defense as Biden, Modi meet
By Jarrett Renshaw (Reuters) -Indian Prime Minister Narendra Modi and U.S. President Joe Biden met in Washington on Thursday and…
Marketmind: Another round of rate hikes, macro data on tap
By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf, U.S. markets correspondent….
Zambia confirms it has agreed debt restructuring with official creditors
LONDON (Reuters) -Zambia on Thursday confirmed it had agreed a debt restructuring deal with its official creditors, adding it would…
Mexican president pushes new Labor Minister to resolve Grupo Mexico conflict
By Daina Beth Solomon MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Thursday said he will ask…
For New Zealand exporters, China both a target and a risk
By Lucy Craymer WELLINGTON (Reuters) – As New Zealand Prime Minister Chris Hipkins prepares to lead a trade delegation to…
US jobless claims hold at 20-month high, existing home sales tick up in May
By Dan Burns (Reuters) – The number of people filing for state unemployment benefits for the first time held steady…