Category: Economy
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Block’s profit jumps on robust consumer spending, tax benefit
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(Reuters) -Payments firm Block reported a jump in its fourth-quarter profit on Thursday, buoyed by robust consumer spending…
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Itau chief economist calls for Brazil to reinstate spending cap
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By Marcela Ayres BRASILIA (Reuters) – The chief economist at Brazilian bank Itau, the nation’s largest private lender,…
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FTSE 100 hits another record high, investors eye Trump policies
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(Reuters) -London’s blue-chip FTSE 100 hit a record high on Monday for the second session in a row…
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Bank of Mexico lowers key interest rate, opens door to larger cuts
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MEXICO CITY (Reuters) – The Bank of Mexico lowered its benchmark interest rate by 25 basis points to…
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ECB to apply Danish compromise on insurers case by case, says Buch
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FRANKFURT (Reuters) – The European Central Bank will apply a favourable regulatory treatment of banks’ insurance holdings on…
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Bank of Canada: world is now more prone to shocks than we’d like
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By David Ljunggren OTTAWA, Dec 16 (Reuters) – Bank of Canada Governor Tiff Macklem on Monday said the…
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Colombia’s interior minister says proposed $2.73 billion fiscal reform not viable
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BOGOTA (Reuters) – Colombia’s Interior Minister Juan Fernando Cristo on Monday said the government’s proposed 12 trillion peso…
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Argentina risk index breaks below 1,000-point barrier as markets cheer
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By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s closely-watched country risk index, a reflection of how investors view…
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Gold hovers near record high on safe-haven demand
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By Rahul Paswan (Reuters) – Gold prices rose on Tuesday and hovered near a record high hit in…
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Snap-On misses quarterly sales estimates on lower tool demand
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(Reuters) – Snap-On posted a lower-than-expected third-quarter sales on Thursday, as inflationary pressures weighed on demand in the…
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