First IMF review of Ukraine loan facility paves way for $900 million payout
VIENNA (Reuters) – An International Monetary Fund mission has completed its first review of a $15.6 billion loan programme for…
Economy
Daimler CEO: Toyota truck deal will make us less dependent on Chinese market
HAMBURG (Reuters) – A deal between Daimler Truck and Toyota Motor Corp to combine their truck units in Japan will…
IMF reaches staff agreement on Ukraine loan review; will enable $900 million disbursement
WASHINGTON (Reuters) – The International Monetary Fund said on Tuesday that it has reached a staff-level agreement with Ukraine for…
Elon Musk kicks off China visit, Tesla expansion in focus
BEIJING (Reuters) -Tesla Chief Executive Elon Musk on Tuesday kicked off a high-stakes visit to China with a meeting with…
World Bank approves $1 billion loan to Kenya
NAIROBI (Reuters) – The World Bank said on Tuesday it approved a $1 billion loan to Kenya to support its…
Explainer-Why is OPEC+ cutting oil output?
LONDON (Reuters) – OPEC and its allies, including Russia, meet in Vienna on June 4 to decide on their output…
US monthly home prices increase in March, surveys show
WASHINGTON (Reuters) – U.S. single-family home prices increased solidly on a monthly basis in March, boosted by a persistent shortage…
Russian central bank warns higher rates may be needed to bring inflation to target
MOSCOW (Reuters) – Russia’s central bank issued a hawkish signal on Tuesday, just over a week before it is next…
EU doubles financial aid to Moldova to 295 million euros
BRUSSELS (Reuters) – European Union governments decided on Tuesday to nearly double the amount of EU financial support to Moldova…
Yields on bills due in June fall on debt deal optimism
(Reuters) – Yields on Treasury bills that are due in early June dropped on Tuesday on optimism that Congress will…