(Reuters) -The U.S. economy is set to take off this year as more Americans get COVID-19 vaccinations and become comfortable engaging in a wider range of activities, but any accompanying spike in inflation is likely to be temporary, the Federal Reserve’s newest board member said on Friday, echoing the view of most U.S. central bankers.FILE PHOTO: The Federal Reserve building […]
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FILE PHOTO: Spanish Economy Minister Nadia Calvino is welcomed by German Finance Minister Olaf Scholz (not pictured) at the Informal Meeting of Ministers for Economics and Financial Affairs in Berlin, Germany, September 11, 2020. REUTERS/Hannibal Hanschke/Pool/File PhotoMADRID (Reuters) – Spanish Economy Minister Nadia Calvino on Friday ruled out any tax increases in the immediate future, saying the priority now was […]
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LONDON (Reuters) -The United Kingdom’s population rose at its slowest pace in nearly two decades in the year to mid-2020 and the COVID-19 pandemic looks on track to cause the first net annual outflow of migrants since 1993, statistics office data showed on Friday.FILE PHOTO: A newborn baby is seen in the maternity ward at Frimley Park Hospital in Surrey, […]
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FILE PHOTO: The dining area of the Naughty BRGR is closed while the restaurant serves only takeaway food, as the three weeks long partial lockdown of the restaurants starts due to the coronavirus disease (COVID-19) pandemic, in Helsinki, Finland March 8, 2021. Lehtikuva/Antti Aimo-Koivisto via REUTERSHELSINKI (Reuters) – Finland on Friday said it would allow all restaurants to reopen next […]
Read more(Adds details on debt options, background on company) BEIJING, April 16 (Reuters) – Chinese regulators have asked some banks not to withhold loans to embattled asset management giant China Huarong Asset Management Co, as part of the supportive measures to stabilize its cash flow position, sources told Reuters. Huarong, one of China’s four biggest asset management companies (AMCs) which counts […]
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SINGAPORE (Reuters) – Grab Holdings, Southeast Asia’s ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion SPAC merger, three sources familiar with the matter said. Listing on Singapore Exchange would enable Grab to have an investor base close to where its regional business is based, […]
Read moreApril 15 (Reuters) – Treasury Secretary Janet Yellen’s first foreign exchange report due this week could see several U.S. trading partners labeled as currency manipulators. The designation is based on three broad criteria here A $20 billion-plus trade surplus with the United States, a current account surplus exceeding 2% of GDP and currency intervention exceeding 2% of gross domestic product. […]
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FILE PHOTO: Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls, Idaho, U.S., November 12 2018. REUTERS/Ann Saphir./File Photo(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Thursday called for Treasury market reforms and renewed scrutiny on hedge funds and other nonbank financial […]
Read more(Updates quotes, details) LONDON, April 15 (Reuters) – Russia’s government bonds recouped some losses on Thursday as investors digested news the United States had imposed sanctions on Russia to punish it for alleged meddling in U.S. elections, cyber-hacking, bullying Ukraine and other “malign” acts. Although the broad array of sanctions dented hopes that a proposed summit between U.S. President Joe […]
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