Global watchdog seeks action on ‘too little, too late’ corporate goodwill writedown
By Huw Jones LONDON (Reuters) – Tougher accounting rules may be needed that force companies to write down goodwill faster…
Mexico’s ‘super peso’ keeps gaining, but exports will likely suffer
By Noe Torres MEXICO CITY (Reuters) – Mexico’s peso currency has reached its highest value versus the U.S. dollar in…
Meta’s Oversight Board asks Facebook owner to evaluate election integrity efforts
(Reuters) – Meta Platforms’ Oversight Board has asked the social media firm to evaluate efforts to prevent promotion of political…
No breakthrough as EU’s Borrell holds crisis talks with Kosovo, Serbia leaders
BRUSSELS (Reuters) – EU foreign policy chief Josep Borrell proposed steps to end weeks of violence in predominantly Serb areas…
Bankrupt Vice Media plans sale to Fortress Investment-led group
By Yuvraj Malik (Reuters) -A group of buyers including Fortress Investment Group may take over Vice Media after the consortium’s $225-million…
Fed, ECB may slash bank reserves by 90% in new era of high rates – paper
FRANKFURT (Reuters) – The Federal Reserve and the European Central Bank may mop up as much as 90% of the…
Brazil’s Americanas rushes to produce new financials, strike deal with debt holders
By Carolina Pulice MEXICO CITY (Reuters) – Brazilian retailer Americanas SA is scrambling to finalize its fourth-quarter income statement even…
Biden addresses Xi ‘dictator’ remark, says US-China relations unharmed
WASHINGTON (Reuters) – President Joe Biden said on Thursday he did not think his comment referring to Chinese President Xi…
Dollar up on risk aversion; sterling, Swiss franc slip despite rate hikes
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar advanced against a basket of currencies on Thursday after Fed…
Trump pleads not guilty in federal documents case
(This June 13 story has been corrected to clarify that Trump and Nauta were ordered not to talk with potential…