(Reuters) -Financial services and insurance provider CBIZ said on Wednesday it would buy Marcum, one…
Category: Economy
Bank of Canada pivots to boosting economic growth, raising rate cut bets
By Promit Mukherjee and Fergal Smith OTTAWA (Reuters) – The Bank of Canada is shifting…
Saudi Arabia’s net foreign direct investment rises 5.6% in first quarter
DUBAI (Reuters) – Net foreign direct investment (FDI) inflows to Saudi Arabia rose 5.6% to…
World Bank approves $1.25 billion loans for the Philippines
MANILA (Reuters) – The World Bank said on Saturday its board of executive directors has…
Global 2% wealth levy a starting point for taxing super-rich, says proposal author
By Marcela Ayres BRASILIA (Reuters) – An annual 2% levy on fortunes exceeding $1 billion…
China state-owned banks sold dollars as yuan fell to near seven-month low, sources say
SHANGHAI/BEIJING (Reuters) – China’s major state-owned banks were seen selling dollars for yuan in the…
ECB has significant room for rate cuts – Villeroy
PARIS (Reuters) – The European Central Bank has plenty of room for rate cuts and…
Cummins revenue misses estimates as truck demand stays on slow lane
(Reuters) – U.S. truck engine maker Cummins Inc missed Wall Street estimates for first-quarter sales…
Craft retailer Joann approved to exit bankruptcy, slash $505 million debt
By Dietrich Knauth NEW YORK (Reuters) – Craft retailer Joann Inc received a U.S. bankruptcy…
NY Fed sees more time needed to shrink central bank holdings
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s effort to contract its…