JOHANNESBURG (Reuters) – South Africa’s 2021 budget did not focus enough on economic reforms, making a sustained rebound in its gross domestic product unlikely, S&P Global Ratings said on Tuesday. “There’s been some new momentum on pushing structural reforms … but it’s still reasonably thin, and again the budget was more a sort of fiscal control exercise rather than a […]
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Though women have ascended to many of the top posts in government and different industries, progress still needs to be made in the world of finance. Women who have broken ceilings in their careers must commit to helping new entrants reach even greater heights. As I reflect on my experience as a woman in the investment industry, I'd like to […]
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BRUSSELS (Reuters) – Johnson & Johnson has told the European Union it is facing supply issues that may complicate plans to deliver 55 million doses of its COVID-19 vaccine to the bloc in the second quarter of the year, an EU official told Reuters.FILE PHOTO: Johnson & Johnson coronavirus disease (COVID-19) vaccine is seen at the OSU Wexner Medical Center […]
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LONDON (Reuters) – The dollar on Tuesday fell back from 3-1/2 month highs as U.S. Treasury yields stabilised, allowing room for riskier currencies such as the pound, Australian dollar and Kiwi dollar to make gains.FILE PHOTO: U.S. one dollar banknotes are seen in this illustration taken February 8, 2021. REUTERS/Dado RuvicThe index that measures the dollar’s strength against a basket […]
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WASHINGTON (Reuters) – President Joe Biden’s nominees for the No. 2 and No. 3 Justice Department jobs face the Senate Judiciary Committee on Tuesday, and will likely be questioned on topics from civil rights to protecting the United States from domestic extremist attacks.Slideshow ( 2 images )Lisa Monaco, a former prosecutor who also served as homeland security and counterterrorism adviser […]
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SAN FRANCISCO (Reuters) – Over more than a century of the Federal Reserve’s existence, the critical job of controlling the cost of money and the availability of credit has fallen mostly to white men, even though women and minorities have for decades made up a majority of the workforce in an increasingly diverse economy.FILE PHOTO: Broward College President Gregory Haile, […]
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LONDON/SYDNEY (Reuters) – Global stocks steadied on Tuesday, supported by stronger U.S. equity futures and a decline in U.S. and European bond yields.FILE PHOTO: A man wearing a protective face mask, walks past a screen showing the Nikkei index outside a brokerage in Tokyo, Japan, March 13, 2020. REUTERS/Athit PerawongmethaIn Europe, the Euro STOXX 600 was up 0.1% after a […]
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SHANGHAI/HONG KONG (Reuters) – Bitcoin mania has fuelled a surge in fundraising by Chinese companies seeking to expand their cryptocurrency operations or move into the red-hot sector.FILE PHOTO: A collection of bitcoin (virtual currency) tokens are displayed in this picture illustration taken Dec. 8, 2017. REUTERS/Benoit Tessier/Illustration/File PhotoFrom large listed companies tapping public markets to smaller players raising funds from […]
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FILE PHOTO: A neighborhood experiences a power outage after winter weather caused electricity blackouts in San Marcos, Texas, U.S. February 16, 2021. REUTERS/Mikala Compton/File PhotoHOUSTON (Reuters) – A second commissioner of the Texas utilities regulator resigned on Monday, in continued fallout from a weather-driven crisis in the state’s power market. Commissioner Shelly Botkin resigned effective immediately, the Public Utility Commission […]
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