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WASHINGTON (Reuters) – Shalanda Young, a top contender to become President Joe Biden’s budget director after the White House withdrew its nomination of Neera Tanden,…
View More Biden deputy budget nominee Young praised by Republicans, White House keeps door open
(Reuters) – European stocks closed lower on Thursday as a renewed rise in U.S. bond yields and expectations of a jump in inflation hit risk…
View More European shares end lower as miners and tech are pressured by firmer yields
(Reuters) – Global equity funds continued to witness inflows in the week ended March 3, buoyed by hopes of a faster economic recovery from the…
View More Global equity funds continue to see money inflows on growth hopes
OSLO/STOCKHOLM (Reuters) – Sweden’s Nordax Bank offered on Thursday to buy Oslo-listed Norwegian Finans Holding, the owner of Bank Norwegian, in a cash transaction valued…
View More Sweden's Nordax bids $2.1 billion for Bank Norwegian's owner
TOKYO (Reuters) – The Bank of Japan (BOJ) is under pressure to relax rules for its purchases of real-estate investment trusts (REITs) to enable it…
View More Take on more risk or taper? BOJ faces tough choice with REIT buying
HOUSTON (Reuters) – Exxon Mobil Corp is lowering its ambitions for oil and gas output, it said Wednesday, as it focuses on cutting costs and…
View More Exxon scales back shale ambitions to focus on lower costs, dividend preservation
US government officials are spending millions on cats bought from breeders which are then tortured to death for experiments branded ‘pointless.’ The taxpayer-funded animal abuse…
View More US spends millions buying cats and torturing them to death for 'pointless' tests
TOKYO (Reuters) – Shares in the Bank of Japan (BOJ) hit their upper trading limit for a third session on Wednesday, in the latest example…
View More BOJ shares hit limit up again on mix of memento traders, liquidity
PALM COAST, Fla. (Reuters) – The COVID-19 pandemic has reshaped the global travel landscape and U.S. no-frills carriers are pouncing.FILE PHOTO: JetBlue Airways aircrafts are…
View More U.S. budget airlines plot pandemic breakthrough
FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 12, 2021. REUTERS/Brendan McDermid(Reuters) – Wall…
View More S&P 500 set for subdued open after best day in nine months
WASHINGTON (Reuters) – Democrats backed down from an effort to use President Joe Biden’s $1.9 trillion coronavirus relief bill to raise the minimum wage to…
View More Democrats backpedal on raising minimum wage in COVID-19 bill, but hopes for hike alive
FILE PHOTO: General view of an Assai store, then the cash-and-carry division of Brazilian retailer GPA SA, in Sao Paulo, Brazil, January 11, 2017. REUTERS/Paulo…
View More Spinoff of Brazil retailer GPA's wholesale unit boosts combined company's market cap by 10%
WASHINGTON – From the gilded statue of him to the giddy ovations, Mr Donald Trump was the star turn at the Conservative Political Action Committee…
View More Trump reappears to energise key right-wing conference
WASHINGTON (Reuters) – U.S. Democrats, anxious for Congress to pass President Joe Biden’s $1.9 trillion coronavirus relief bill within the next two weeks, have resolved…
View More U.S. Senate Democrats drop minimum wage plan for $1.9 trillion COVID-19 relief bill