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Hardline Republicans reject Trump’s debt ceiling demand, focused on deficit worry
Posted inEconomy

Hardline Republicans reject Trump’s debt ceiling demand, focused on deficit worry

By Steve Holland and Richard Cowan WASHINGTON (Reuters) – Republican hardliners who normally are ardent supporters of President-elect Donald Trump are resisting his push to raise the U.S. debt ceiling,…
Posted by December 20, 2024
Colombia’s central bank delivers smaller rate cut than expected
Posted inEconomy

Colombia’s central bank delivers smaller rate cut than expected

By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) – The board of Colombia’s central bank on Friday voted to cut its benchmark interest rate by a surprise 25 basis points…
Posted by December 20, 2024
Brazil’s Congress passes fiscal package, government plays down changes to the measures
Posted inEconomy

Brazil’s Congress passes fiscal package, government plays down changes to the measures

SAO PAULO (Reuters) – Brazil’s Congress approved a government-proposed fiscal package on Friday that includes measures to contain spending aimed at putting the country’s finances on a more sustainable path.…
Posted by December 20, 2024
Fitch raises Sri Lanka rating after creditor nod to $12.55 billion debt overhaul
Posted inEconomy

Fitch raises Sri Lanka rating after creditor nod to $12.55 billion debt overhaul

(Reuters) – Credit ratings agency Fitch on Friday upgraded Sri Lanka’s long-term foreign-currency default rating to ‘CCC+’ from ‘restricted default’ (RD) following approval by creditors of the country’s $12.55 billion…
Posted by December 20, 2024
Canada PM Trudeau looks set to lose power after key ally vows to topple him
Posted inEconomy

Canada PM Trudeau looks set to lose power after key ally vows to topple him

By David Ljunggren OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau on Friday looked set to lose power early next year after a key ally said he would move to bring…
Posted by December 20, 2024
US consumer watchdog sues top banks over alleged fraud on Zelle payment app
Posted inStock

US consumer watchdog sues top banks over alleged fraud on Zelle payment app

By Manya Saini (Reuters) -The U.S. Consumer Financial Protection Bureau said on Friday it had filed a lawsuit against JPMorgan Chase (NYSE:JPM), Bank of America, and Wells Fargo (NYSE:WFC) for…
Posted by December 20, 2024
US agency proposes to streamline self-driving car exemption reviews
Posted inStock

US agency proposes to streamline self-driving car exemption reviews

(Reuters) – The National Highway Traffic Safety Administration on Friday proposed a new process to streamline reviews of exemptions filed by automakers seeking to deploy self-driving vehicles without required human…
Posted by December 20, 2024
Soccer-Netflix inks U.S. broadcast deal with FIFA for 2027 and 2031 women’s World Cups
Posted inStock

Soccer-Netflix inks U.S. broadcast deal with FIFA for 2027 and 2031 women’s World Cups

(Reuters) -FIFA and Netflix (NASDAQ:NFLX) have signed a deal to broadcast the 2027 and 2031 editions of the women’s World Cup in the United States, world soccer’s governing body said…
Posted by December 20, 2024
Exclusive-US data-center power use could nearly triple by 2028, DOE-backed report says
Posted inStock

Exclusive-US data-center power use could nearly triple by 2028, DOE-backed report says

By Laila Kearney NEW YORK (Reuters) -U.S. data center power demand could nearly triple in the next three years, and consume as much as 12% of the country’s electricity, as…
Posted by December 20, 2024
Turkey stocks lower at close of trade; BIST 100 down 0.42%
Posted inStock

Turkey stocks lower at close of trade; BIST 100 down 0.42%

Investing.com – Turkey stocks were lower after the close on Friday, as losses in the Leasing & Factoring, Telecoms and Real Estate Investments sectors led shares lower. At the close…
Posted by December 20, 2024

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