LONDON (Reuters) – Inflation has emerged as one of the top concerns for central bank reserve managers, alongside a failure to end the COVID-19 crisis…
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In Florida, Biden woos Trump ally DeSantis in unity pitch
BAL HARBOUR, Fla. (Reuters) – Sitting next to one of his fiercest critics on Thursday, President Joe Biden managed to find a silver lining in…
Fed's Rosengren says possible conditions for rate increase could be met next year
The Federal Reserve Bank of Boston’s President and CEO Eric S. Rosengren speaks during the “Hyman P. Minsky Conference on the State of the U.S.…
Vale, BHP propose 1.2 billion reais DIP financing for Samarco, creditors oppose
RIO DE JANEIRO/SAO PAULO (Reuters) -Bankrupt miner Samarco Mineracao SA plans to receive a 1.2 billion reais ($238 million) debtor-in-possession loan extended by controlling shareholders…
El Salvador seeks World Bank help for bitcoin implementation
SAN SALVADOR/NEW YORK (Reuters) – El Salvador has sought assistance from the World Bank as it implements its move to use bitcoin as a parallel…
El Salvador to keep dollar as legal tender, seeks World Bank help with bitcoin
Slideshow ( 2 images )SAN SALVADOR (Reuters) – El Salvador will not replace the U.S. dollar with bitcoin as the legal tender, Finance Minister Alejandro…
Bitcoin rises 9.8% to $39,035
FILE PHOTO: Representations of cryptocurrency Bitcoin are seen in this picture illustration taken June 7, 2021. REUTERS/Edgar Su/Illustration/File Photo(Reuters) – Bitcoin surged 9.8% to $39,035.47…
El Salvador president's bitcoin push casts shadow over IMF efforts
LONDON (Reuters) – A push by El Salvador’s President Nayib Bukele to make his country the first in the world to formally adopt bitcoin as…
Castillo overtakes Fujimori in Peruvian presidential run-off fast count
Peru’s presidential candidate Pedro Castillo gestures to supporters, in Tacabamba, Peru June 6, 2021. REUTERS/Alessandro CinqueLIMA (Reuters) – Socialist Peruvian presidential candidate Pedro Castillo has…
Harley-Davidson hits recovery road amid focus on touring bikes
(Reuters) -Harley-Davidson Inc on Monday raised its full-year earnings forecast after smashing analysts’ quarterly profit estimates, vindicating Chief Executive Jochen Zeitz’s decision to focus on…