Russia´s Lavrov in Havana on Latam drive to shore up support
By Dave Sherwood HAVANA (Reuters) – Russian Foreign Minister Sergei Lavrov met on Thursday with Cuban President Miguel Diaz-Canel and…
Economy
Fed’s Mester sees policy rate over 5% and ‘soft landing’ on horizon
By Michael S. Derby NEW YORK (Reuters) -Cleveland Federal Reserve President Loretta Mester said on Thursday the U.S. central bank…
Argentine peso hits record low in black market as economy creaks
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s peso currency sank in widely used parallel markets on Thursday, hitting a…
Luxury industry under scrutiny as EU probes Gucci and others
By Emilio Parodi and Mimosa Spencer MILAN/PARIS (Reuters) -Europe’s flourishing luxury goods industry was under scrutiny on Thursday after European…
Fed needs more speed on emergency lending: Waller
(Reuters) – The unprecedented speed at which depositors pulled their money from Silicon Valley Bank outpaced the ability of the…
US Senate Republicans go after Biden’s labor nominee for stance on Uber, Lyft, others
By Nandita Bose WASHINGTON (Reuters) -Republican U.S. lawmakers on Thursday criticized President Joe Biden’s nominee for U.S. labor secretary, Julie…
IKEA plans new U.S. stores in $2.2 billion push to challenge Walmart and Wayfair
By Helen Reid LONDON (Reuters) – IKEA stores owner Ingka Group will spend 2 billion euros ($2.2 billion) expanding in…
Ferragamo sales decline slightly in Q1 as U.S. weighs
MILAN (Reuters) -Sales at Italian luxury group Salvatore Ferragamo declined by 6.5% at constant exchange rates in the first quarter…
US labor market cooling; leading indicator flashes recession
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week,…
Blackstone is in talks to help regional banks with lending
NEW YORK (Reuters) -Blackstone Inc, the biggest manager of private equity and real estate assets, said on Thursday it was…