Economy
Japan Inc set to offer bumper pay hikes, paving way for BOJ stimulus exit By Reuters
By Tetsushi Kajimoto TOKYO (Reuters) - Big Japanese companies look set to formally offer hefty pay hikes at annual wage talks with unions that wrap…
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EU must overhaul decision-making before enlargement -Franco-German document
By Jan Strupczewski BRUSSELS (Reuters) -The European Union must radically overhaul its decision-making and funding before it can accept more…
Global debt hits record $307 trillion, debt ratios climb -IIF
By Rodrigo Campos and Harry Robertson NEW YORK/LONDON (Reuters) -Global debt hit a record $307 trillion in the second quarter…
SEC charges U.S. investment adviser for sanctioned Russian billionaire Roman Abramovich
A secretive U.S-based financial manager who handled over $7 billion in investments for sanctioned Russian billionaire Roman Abramovich, has been…
Republican infighting stalls spending bills in US House as shutdown looms
By David Morgan and Moira Warburton WASHINGTON (Reuters) -Republicans who control the U.S. House of Representatives failed to advance two…
Government shutdown: Analysts warn of ‘perhaps a long one lasting into the winter’
A divided Washington keeps looking like it will deliver a partial government shutdown, and analysts are sounding more concerned about it…
Some investors bet peak policy rate is near ahead of Fed decision
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -As Treasuries wobble ahead of the outcome of the Federal Reserve's monetary policy meeting…
Banco do Brasil and World Bank ready cooperation on $400 million for Amazon recovery
BRASILIA (Reuters) - Brazilian state-run Banco do Brasil and the World Bank signed a memorandum of understanding on Tuesday on…
The seven-letter text message that could help shore up American democracy
That’s the word viewers of a public-service announcement featuring former “Will & Grace” cast members Debra Messing, Eric McCormick and…
Bank of Canada: Underlying inflation is inconsistent with 2% target
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada on Tuesday said recent volatility in headline inflation…
U.K. regulator dismisses claims of politically-motivated bank account closures — Brexiter Farage cries foul
The U.K.’s premier financial regulator said it found no evidence that banks closed customers accounts solely because of their political…
Amazon plans to hire 250,000 US workers for holiday season
By Arriana McLymore NEW YORK, NY (Reuters) -Amazon said it plans to add 250,000 U.S. workers for the holiday shopping…
More banks should join climate pledge, Treasury’s Yellen says in issuing new guidance
The Treasury Department on Tuesday issued a new set of guidelines for banks and other financial institutions as they move to…
Canada’s inflation rate hits 4% in August, Bank of Canada’s interest rate decision looms
Canada's inflation rate has risen for the second month in a row, hitting 4% in August, primarily due to high…
Biden says Ukraine must not be ‘carved up,’ as Republicans challenge funding for that nation’s war vs. Russia
President Joe Biden on Tuesday offered fresh support for Ukraine in a speech before the United Nations General Assembly, but…
Most Ukrainian companies are fully operational after 18 months of war, Kyiv-based American Chamber of Commerce
A year and a half after Ukraine was invaded by Russia, 84% of the nation’s companies are fully operational, according to…
Hurricane Lee churns toward New England, eastern Canada
By Brendan O'Brien (Reuters) - Hurricane Lee barreled across the North Atlantic toward New England and Eastern Canada on Friday,…
Take Five: A central bank bonanza
(Reuters) -Central banks take centre stage with five of those overseeing the 10 most heavily traded currencies - including the…
Opinion: Big deficits, easy money threaten U.S. dollar’s global dominance
The U.S. dollar DX00, -0.13% enjoys unrivaled global status, but rising federal deficits and U.S. sanctions on businesses and banks in Russia…