Explainer-Can a New York state law solve or trigger an emerging markets debt crisis?
By Rodrigo Campos and Jorgelina do Rosario NEW YORK/LONDON (Reuters) -A bill backed by debt justice campaigners and civil society…
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Goldman Sachs to cut more jobs, eyes sharp fall in markets revenue
By Saeed Azhar and Niket Nishant NEW YORK (Reuters) -Goldman Sachs Group Inc plans to cut more jobs as a…
Sri Lanka surprises with 250 bps rate cut, signals rebound from crisis
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) – In a sign of confidence that the worst of Sri Lanka’s…
Airbnb sues New York City over short-term rental restrictions
By Doyinsola Oladipo NEW YORK (Reuters) – Airbnb Inc on Thursday filed a lawsuit against New York City over a…
Global equities rise, U.S. yields fall after debt ceiling bill advances
By Chibuike Oguh NEW YORK (Reuters) – Global equities rose on Thursday after the U.S. House of Representatives passed a…
Argentina curbs provinces’ FX access to pay back foreign debt
By Eliana Raszewski BUENOS AIRES (Reuters) -In a bid to safeguard its dwindling hard currency reserves, Argentina’s central bank issued…
Kosovo, Serbia presidents meet under EU pressure to defuse crisis
By Andrew Gray and John Irish BULBOACA, Moldova (Reuters) – The presidents of Kosovo and Serbia held talks on Thursday…
Dollar stumbles as signs point to Fed skipping June rate hike
By Hannah Lang (Reuters) – The dollar was on track for its worst daily loss in nearly a month on…
US imposes sanctions on companies tied to Sudan forces as fighting rages
KHARTOUM/WASHINGTON (Reuters) -The United States on Thursday imposed sanctions on companies it accused of fuelling the conflict in Sudan, stepping…
Microsoft inks computing infra deal with CoreWeave – CNBC
(Reuters) – Microsoft Corp may spend billions of dollars over multiple years on computing infrastructure from start-up CoreWeave, CNBC reported…