New Colombia finance minister seeks to calm market as bonds, peso suffer
LONDON/BOGOTA (Reuters) -Colombia’s incoming finance minister Ricardo Bonilla and President Gustavo Petro sought to calm the market on Thursday as…
Economy
FBI searches home of top FTX executive – NYT
(Reuters) – The FBI carried out a search on Thursday morning at the Potomac, Md., home of former FTX executive…
Wall Street notches biggest gain in months, Treasury yields rise on solid earnings
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply higher on Thursday and Treasury yields resumed their climb…
ProSieben to slash dividend, replaces chief financial officer
BERLIN (Reuters) – German media group ProSiebenSat.1 said on Thursday it was replacing its chief financial officer and proposing slashing…
U.S. Sen. Manchin joins effort to repeal Biden solar tariff waiver
(Reuters) – U.S. Senator Joe Manchin on Wednesday threw his support behind a legislative effort to repeal President Joe Biden’s…
Flooding on Upper Mississippi River to halt barge traffic for weeks -USDA
By P.J. Huffstutter CHICAGO (Reuters) – All barge traffic will be halted across a wide swath of the Upper Mississippi…
LVMH zeros in on China for global Tiffany & Co overhaul
By Mimosa Spencer NEW YORK (Reuters) – As Tiffany & Co. celebrates its freshly refurbished New York City flagship, “The…
Argentina seeks to tame inflation, peso with biggest rate hike since 2019
By Jorge Otaola BUENOS AIRES (Reuters) -Argentina’s central bank hiked its benchmark interest rate a huge 10 percentage points to…
US Senate panel advances Biden’s labor secretary choice, opposed by gig worker apps
(This April 26 story has been corrected to show that the trade group Flex has not taken an official position…
Oil steadies after Russia says global oil markets in balance
By Stephanie Kelly NEW YORK (Reuters) – Oil prices steadied on Thursday, paring losses from the previous session, after a…