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The facade of the Colombian bank, Bancolombia, is seen in Medellin, Colombia May 29, 2019. Picture taken May 29, 2019.

Colombia's central bank seen cutting benchmark interest rate to 11.75% in April:Reuters poll

Nelson Bocanegra |Updated 12 minutes ago |2 min read

By Nelson Bocanegra BOGOTA (Reuters) - The board of Colombia's central bank is forecast to cut its benchmark interest rate by 50 basis points for a second consecutive month at its April meeting, to support the country's economic recovery without ...

A man walks past the International Monetary Fund (IMF) logo at its headquarters in Washington, U.S., May 10, 2018.

IMF executive board to meet April 29 on $1.1 billion Pakistan disbursement

Reuters |Updated 12 minutes ago |1 min read

(Reuters) - The executive board of the International Monetary Fund will meet on April 29 to discuss the approval of $1.1 billion funding for Pakistan, the Fund said on Wednesday. The funding is the second and last tranche of a $3 billion standby ...

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Interpublic faces muted ad spending amid Middle East conflict

Reuters |Updated 13 minutes ago |1 min read

(Reuters) - Interpublic reported sharp revenue drops in some of its international markets on Wednesday, including the Middle East, as geopolitical uncertainty weighs on advertisement budgets. Growing tensions in the Middle East have clouded ...

Tesla, X (formerly known as Twitter) and SpaceX's CEO Elon Musk speaks with members of the media during the AI Safety Summit at Bletchley Park in Bletchley, Britain on November 1, 2023.   Leon Neal/Pool via

Tesla shareholder seeks to block Musk from litigating pay outside of Delaware

Reuters |Updated just now |1 min read

WILMINGTON, Delaware (Reuters) - A Tesla shareholder asked Delaware court on Wednesday to block Tesla and company CEO Elon Musk from litigating Musk's 2018 pay outside of the state of Delaware, according to a court filing. (Reporting by Tom Hals ...

Newly appointed President and CEO of Dutch chip machine maker ASML Christophe Fouquet poses for a picture in Veldhoven, Netherlands January 24, 2024.

ASML approves Christophe Fouquet as CEO at annual meeting

Reuters |Updated just now |1 min read

AMSTERDAM (Reuters) - ASML has approved the appointment of Christophe Fouquet as the company's new CEO. Fouquet, 50, took up his new role as chief of Europe's largest technology company at ASML's annual meeting in Veldhoven, Netherlands on ...

A smartphone displays a Klarna logo in this illustration taken January 6, 2020.

Klarna to offer payment services on Uber's platform

Reuters |Updated 40 minutes ago |1 min read

(Reuters) - Sweden's Klarna on Wednesday partnered with Uber Technologies to offer its payment services across the company's ridesharing and food delivery platforms in a few markets, including the United States. Uber said last year that it would ...

CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs

Reuters |Updated 50 minutes ago |1 min read

The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt climbed.  The loonie was trading 0.4% lower at C$1.3713 to the greenback, or 72.92 U.S. cents, after trading in a range of 1.3656 to 1.3715.

The logo of chip equipment maker ASML is seen at its booth during Semicon China, a trade fair for the semiconductor industry, in Shanghai, China June 29, 2023.

ASML CEO says US restricts servicing some China equipment, won't hurt earnings

Toby Sterling |Updated 53 minutes ago |2 min read

By Toby Sterling AMSTERDAM (Reuters) - The outgoing chief executive of top semiconductor equipment supplier ASML said on Wednesday that the U.S. government will prevent the company from servicing some machines it has previously sold to Chinese ...

Michael Roberts, President, CEO and Executive Director of HSBC North America Holdings Inc. speaks during a panel discussion at the opening of the HSBC flagship wealth center at Hudson Yards in Manhattan in New York City, U.S., April 23, 2024.

HSBC says growing Chinese wealth fuels client investments in US

Lananh Nguyen, Tatiana Bautzer |Updated 1 hour ago |2 min read

By Tatiana Bautzer and Lananh Nguyen NEW YORK (Reuters) - HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S., according to Michael Roberts, the bank's CEO for the USA and Americas. China's economic growth remains ...

A general view shows a food market in Saint Petersburg, Russia, November 10, 2023.

Exclusive-Russian ministry stress scenario has growth stalling, rouble diving, document shows

Darya Korsunskaya |Updated 1 hour ago |4 min read

By Darya Korsunskaya LONDON (Reuters) - Stress scenarios from Russia's economy ministry envisage GDP and real income growth almost grinding to a halt next year and the rouble diving from around 93 per dollar now to 107 as investments and oil ...

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