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By Kanishka Singh WASHINGTON (Reuters) – Over $200 billion from the U.S. government’s COVID-19 relief programs were potentially stolen, a federal watchdog said on Tuesday, adding that the U.S. Small Business Administration (SBA) had weakened its controls in a rush to disburse the funds. At least 17% of all funds related to the government’s coronavirus…
By Jonathan Stempel NEW YORK (Reuters) -A New York appeals court on Tuesday rejected Donald Trump’s bid to end the state attorney general’s lawsuit accusing him and his family business of “staggering” fraud, but dismissed all claims against his daughter Ivanka Trump and said the remaining case may be limited further. Attorney General Letitia James’…
ISLAMABAD (Reuters) -Pakistan hopes a bailout decision from the International Monetary Fund (IMF) will come in a day or two, its prime minister said on Tuesday, as the global lender said it was holding talks with the aim of “quickly reaching an agreement”. Islamabad has been waiting for a deal after taking policy and fiscal…
By Renju Jose SYDNEY (Reuters) – Australia’s budget surplus for 2022/23 will be bigger than the A$4.2 billion ($2.81 billion) projected in the May budget but high inflation and global challenges will “significantly slow” the domestic economy, Treasurer Jim Chalmers said on Wednesday. Strong jobs growth and bumper mining profits will swell government coffers, similar…
By Susanna Twidale LONDON (Reuters) – A standard to assess companies’ claims about progress towards internal climate targets and their use of carbon offset credits was launched on Wednesday by a global initiative seeking to bring transparency and confidence to an unregulated market. Many companies have set net zero emission targets but acknowledge they will…
By Kylie Madry MEXICO CITY (Reuters) – Mexico is likely to hand over control of the capital’s main airport – the busiest in the country – to its navy, according to a draft decree published on Tuesday, in what would be the latest step increasing the military’s role in the sector. President Andres Manuel Lopez…
WASHINGTON (Reuters) – President Joe Biden said on Tuesday the United States economy is “strong now” and he does not expect a recession, a day before delivering an economic policy speech in Chicago. Biden delivered his remarks on Tuesday at a private fundraiser in Chevy Chase, Maryland. He will deliver a speech on Wednesday in…
By Patricia VilasBoas SAO PAULO (Reuters) – The top executive of Google Brazil said on Tuesday the company encourages greater dialogue around regulating digital platforms in the country, in order to change a bill that might turn out to be “perverse” for everyone. Nearly two months ago, country’s top court ordered an investigation into executives…
By Tom Hals WILMINGTON, Delaware (Reuters) – The Walt Disney Co board did not act negligently when it criticized a sexual identity bill signed by Florida Governor Ron DeSantis, a Delaware judge ruled on Tuesday, in a case the judge said was improperly directed by a conservative legal group. The ruling by Lori Will of…
By Karen Freifeld and Luc Cohen (Reuters) -A U.S. judge on Tuesday said he would likely decline former U.S. President Donald Trump’s bid to move from state to federal court a criminal case stemming from a hush money payment to a porn star. Trump’s lawyers say federal court is the proper venue for the case,…
