IMF to Latin America: tighten your belts
(Reuters) – After central banks across Latin America and the Caribbean raised rates to battle inflation, the International Monetary Fund…
Economy
U.S. Senate panel to hold hearing on Biden’s Labor nominee Su next week
WASHINGTON (Reuters) – The U.S. Senate Labor committee will hold an April 20 confirmation hearing on U.S. Labor Secretary nominee…
Morocco cancels value-added tax on agricultural products to curb inflation
RABAT (Reuters) – The Moroccan government said on Thursday it adopted a decree cancelling the value-added tax on agricultural inputs…
Commercial real estate woes weigh on New York City recovery, NY Fed says
By Michael S. Derby (Reuters) – Ongoing stress in the New York City commercial real estate sector is still creating…
BNP Paribas appoints José Placido as its US unit’s CEO
(Reuters) – BNP Paribas said on Thursday it has appointed José Placido as chief executive officer of its U.S. operations,…
China sanctions senior US lawmaker for visiting Taiwan
BEIJING (Reuters) – China’s Foreign Ministry on Thursday sanctioned U.S. Representative Michael McCaul, chairman of the House of Representatives Foreign…
Britain’s Hunt: GDP figures show there’s ‘no room for complacency’
LONDON (Reuters) – British finance minister Jeremy Hunt said on Thursday there was no room for complacency in tackling low…
Amazon cranks up AI competition against Microsoft, Google with new cloud tools
By Stephen Nellis (Reuters) – Amazon.com Inc’s cloud computing division on Thursday released a suite of technologies aimed at helping…
IMF chief says global economy mired in weak growth, sticky inflation
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that the…
Dutch government promises support to Shell to cut CO2 emissions
AMSTERDAM (Reuters) -The Dutch government on Thursday said it would support oil and gas company Shell in its efforts to…