Tag: finance

Scope on Canada: Grocery Store CEOs Questioned by MPs on High Food Prices, Profits
On March 8, the House of Commons committee on agriculture and agri-food held a hearing on whether the...

Wall Street Braces for a Recession Amid Dwindling Consumer Spending
NEW YORK, United States — Compounded by concerns of a looming global recession, U.S. stock indexes rallied...

Sri Lankan Central Bank Threatens Administrative Measures to Bring Down Market Rates
COLOMBO, Sri Lanka — On Thursday, Nov. 24 Sri Lanka's central bank threatened administrative intervention...

Argentina Strikes $5 Billion Deal With China to Expand Currency Swap
BUENOS AIRES — Argentina has agreed to expand its currency swap deal with China by $5 billion — the Latin...

Crypto Finance Needs ‘Strong Regulation’: Federal Reserve
Plagued by volatility and turmoil in recent months, the cryptocurrency market shows the need for it to...

Brazil’s Central Bank Chief Says Fiscal Prudence Crucial Amid Political Protests and Inflation
BRASILIA, BRAZIL — Brazil's central bank chief Roberto Campos Neto emphatically defended the need for...

Twitter Shares Will Be Suspended on NYSE Amid Musk Takeover
(Reuters) — Twitter Inc shares will be suspended from trading on Friday, Oct. 27, the New York Stock...

Nasdaq Wanes Amid Weak Big Tech Earnings
(Reuters) — The Nasdaq index fell on Wednesday, Oct. 26 as disappointing results and warnings from Microsoft...

US Consumers Confidence Ebbs as Housing Prices Slow
WASHINGTON (Reuters) — U.S. consumer confidence ebbed in October after two straight monthly increases...

US Fiscal Budget Deficit Halves to $1.375 Trillion Despite Student Loan Costs
WASHINGTON (Reuters) — The U.S. government revealed on Friday, Oct. 21 that its fiscal 2022 budget deficit...

Amazon Launches Home Insurance Comparison Website in England
LONDON (Reuters) — E-commerce giant Amazon is launching a home insurance portal in England and has signed...

Pakistan ‘May Buy’ Discounted Russian Oil: Finance Minister
ISLAMABAD (Reuters) — Pakistan is considering buying discounted Russian oil, its finance minister said...