‘Zero capacity to save’: Argentines buckle as inflation tops 104%
By Horacio Soria and Juan Carlos Bustamante BUENOS AIRES (Reuters) -Argentina’s annual inflation rate soared to 104.3% in March, the…
Economy
After pension reform battle, Macron weakened but unbowed
By Michel Rose and Elizabeth Pineau PARIS (Reuters) – Hours before France’s top judges breathed new life into his widely…
Societe Generale to pay $105 million in rate-rigging settlement
NEW YORK (Reuters) – Societe Generale SA agreed to pay $105 million to settle U.S. investor litigation accusing the French…
German industry association raises 2023 export growth forecast to 2% – report
BERLIN (Reuters) – Germany’s BDI industry association expects exports to grow by 2% in 2023, double its forecast in January,…
Wall St dips to lower close as rate hike bets firm, banks jump
By Stephen Culp NEW YORK (Reuters) – Wall Street ended lower on Friday as a barrage of mixed economic data…
IMF’s Georgieva sees ‘tangible progress’ on debt issues, urges seeking help earlier
By Andrea Shalal WASHINGTON (Reuters) -International Monetary Fund chief Kristalina Georgieva said on Friday that debtors and creditors made “tangible…
Brazil proposes zero primary budget deficit in 2024, conditions expenditures to new fiscal rules
BRASILIA (Reuters) – Brazil’s Planning Ministry announced on Friday a zero primary deficit target for 2024, but stated that 172…
As earnings season begins, S&P 500 forecast looks less weak
By Caroline Valetkevitch NEW YORK (Reuters) – As quarterly U.S. earnings got under way with upbeat reports from JPMorgan Chase…
Citigroup bets on ex-BofA exec Andy Sieg’s connections to revamp wealth unit
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Citigroup Inc’s hiring of Andy Sieg, the incoming head of…
IMF steering committee aims for ‘considerable progress’ on shareholding reforms
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund’s steering committee on Friday said it would accelerate…