Deloitte to cut 1,200 jobs in the US – FT
(Reuters) -Deloitte will cut around 1,200 jobs or 1.5% of its U.S. workforce, the Financial Times reported on Friday, citing…
Economy
Short-sellers sit on $1 billion loss on European banks in April
By Danilo Masoni and Joice Alves MILAN/LONDON (Reuters) -Short-sellers that bet against European banks are set to lose a billion…
Zambia says it’s close to MoU with official creditors on debt relief
By Chris Mfula LUSAKA (Reuters) – Zambia’s official creditors are close to signing a memorandum of understanding on debt relief,…
Market divided on Colombia interest rate decision – hold or raise?- Reuters Poll
By Nelson Bocanegra BOGOTA (Reuters) – Analysts are divided on whether Colombia’s central bank board will hold the interest rate…
US business activity rises to 11-month high in April – S&P Global survey
WASHINGTON (Reuters) – U.S. business activity accelerated to an 11-month high in April, according to a survey on Friday, which…
Turkey’s Erdogan says interest rates will fall as long as he is in power
ANKARA (Reuters) – Turkish President Tayyip Erdogan said on Friday that interest rates will fall as long as he is…
Factbox-Lithium key element for electric vehicle ramp up
(Reuters) – Chile, the world’s second largest lithium producer, said it plans to transfer control of the production of the…
Chad recalls envoy to Cameroon as dispute over Exxon’s asset sale escalates
N’DJANEMA (Reuters) – Chad has recalled its ambassador to neighbouring Cameroon in the latest escalation of a dispute over the…
France to take action if food retailers don’t pass on falling prices
PARIS (Reuters) – French Finance Minister Bruno Le Maire pledged on Friday to take action against food retailers if they…
India’s forex reserves rise for second week, hit over 9-month high
MUMBAI (Reuters) – India’s foreign exchange reserves rose for a second week to hit an over nine-month high of $586.41…