By Uditha Jayasinghe COLOMBO (Reuters) -The crisis-hit Sri Lankan economy can turn around by the end of 2023 if budget…
Ghana president sacks junior finance minister over alleged impropriety
ACCRA (Reuters) -Ghana’s President Nana Akufo-Addo has sacked Charles Adu Boahen, the minister of state for finance, the presidency said…
Factbox-Twitter 2.0: Elon Musk warns of bankruptcy, flip-flops on blue check mark in chaotic start
(Reuters) – Twitter has had a bumpy ride since new owner Elon Musk took charge last month. The world’s richest…
Brazil’s Treasury presents new fiscal anchor for debate
BRASILIA (Reuters) – Brazil’s Treasury on Monday presented a proposal for a new fiscal anchor that aims to replace three…
Silicon Valley chip startup Cerebras unveils AI supercomputer
By Jane Lanhee Lee OAKLAND, Calif(Reuters) – Silicon Valley startup Cerebras Systems, known in the industry for its dinner plate-sized…
Walmart, Target results will tell how gloomy holidays could get for retailers
By Aishwarya Venugopal and Uday Sampath Kumar (Reuters) – Walmart and Target results this week are likely to show that…
EV startup Faraday Future signs deal to raise up to $350 million
(Reuters) – Faraday Future Intelligent Electric said on Monday it had signed a deal to raise up to $350 million…
German upper house blocks landmark welfare reform
BERLIN (Reuters) -Germany’s conservative opposition held up a major welfare reform on Monday, setting the scene for a mediation process…
German regulator calls on banks to increase risk provisions
FRANKFURT (Reuters) -The president of Germany’s financial regulator, Mark Branson, on Monday called on banks to increase their risk provisions…
Romanian central bank sees inflation higher, keeping slow approach to rate hikes
BUCHAREST (Reuters) -Romania’s central bank lifted its inflation forecasts for this year and next on Monday as supply-side shocks and…