CARACAS (Reuters) – Venezuela’s effort to curb high inflation by stabilizing exchange rates is becoming less effective as the local…
List of bidders for Citigroup’s Mexican retail arm shrinks as Inbursa drops out
By Valentine Hilaire MEXICO CITY (Reuters) -Mexican bank Grupo Financiero Inbursa said on Wednesday it had pulled out of the…
Wall Street rises as Fed signals slowdown in rate hikes
By Carolina Mandl and Sinéad Carew (Reuters) – Wall Street’s main indexes ended Wednesday with solid gains after the Federal…
China will use timely RRR cuts to keep liquidity ample -state media cites cabinet
BEIJING (Reuters) -China will use timely cuts in banks’ reserve requirement ratio (RRR), alongside other monetary policy tools, to keep…
Bank of Canada says higher interest rates still needed to tame inflation
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) -Inflation in Canada remains too strong, and higher interest rates will be…
U.S. prepared to authorize Chevron to boost Venezuela’s oil output
By Marianna Parraga HOUSTON (Reuters) – Chevron Corp could soon win U.S. approval to expand operations in Venezuela and resume…
Shares rise, U.S. Treasury yields drop as Fed minutes suggest slower rate hikes
By Chibuike Oguh NEW YORK (Reuters) -World equities rose while U.S. Treasury yields retreated on Wednesday after minutes of the…
Berkshire Hathaway says Warren Buffett donates shares to family charities
(Reuters) – Berkshire Hathaway Inc said Warren Buffett has donated more of his fortune to four family charities, without disclosing…
Chevron’s Venezuelan oil exports will not profit state-run PDVSA – Washington source
HOUSTON (Reuters) – A U.S. license allowing Chevron Corp to expand Venezuela’s oil production and export its oil will be…
Republican presses Twitter chief Elon Musk to better protect U.S. user data
By Diane Bartz WASHINGTON (Reuters) – Top Senate Republican Chuck Grassley urged Elon Musk, who recently acquired Twitter, to conduct…