MEXICO CITY (Reuters) – The International Monetary Fund (IMF) gave final board approval to grant Costa Rica a $725 million…
Biden taps Federal Deposit Insurance Corporation chair
WASHINGTON (Reuters) – U.S. President Joe Biden has tapped Martin Gruenberg to serve as chairman of the board of directors…
Electric vehicle makers burning cash, slammed by sky-high costs
By Akash Sriram (Reuters) – Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are…
Google to pay nearly $400 million to settle U.S. location-tracking probe
By Diane Bartz, David Shepardson and Karen Freifeld WASHINGTON (Reuters) -Alphabet’s Google will pay $391.5 million to settle allegations by…
FedEx’s freight unit to furlough workers
(Reuters) – U.S. delivery firm FedEx Corp’s freight division is enacting a furlough in some U.S. markets in response to…
Bayer estimates new GM soybean to reach 10% of Brazil’s 2022/23 planting area
SAO PAULO (Reuters) – Bayer AG’s agriculture unit in Brazil expects that its new genetically modified (GM) soybean Intacta2 Xtend…
Canadian province of Ontario cuts deficit forecast, braces for slowdown
By Fergal Smith TORONTO (Reuters) -Ontario on Monday projected a smaller budget deficit for the current fiscal year as robust…
Italy’s Intesa to sell 654 million euro stake in payments group Nexi
By Valentina Za MILAN (Reuters) -Italy’s Intesa Sanpaolo said on Monday it was selling its entire 5.1% stake in Nexi,…
Fed may slow pace of rate hikes soon: Brainard
By Howard Schneider and Ann Saphir (Reuters) -The Federal Reserve will likely soon slow its interest rates hikes, Fed Vice…
U.S. Supreme Court rejects StarKist’s tuna price-fixing class action appeal
By Nate Raymond (Reuters) -The U.S. Supreme Court on Monday declined to hear a bid by StarKist Co, owned by…