Moody’s lowers France’s credit rating to Aa3
Moody’s (NYSE:MCO) Investors Service has reduced France’s credit rating to Aa3 with a stable outlook from the previous Aa2 with a negative…
Lula slams interest rate levels as ‘the only thing wrong’ with Brazil
SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva slammed what he sees as the country’s excessively high interest rates,…
Fed sees a glimmer that recent US productivity gains may last
By Howard Schneider WASHINGTON (Reuters) – Dreanda Cordero reentered the job market this year after a five-year break to raise three children,…
As Bolivia’s big state economic model slowly implodes, fear of ‘total crisis’
By Monica Machicao LA PAZ (Reuters) – Housewife Yola Chura worried about high food prices while shopping at a market in Bolivia’s…
Vonovia offers to buy out Deutsche Wohnen minority shareholders
Vonovia, a leading German property company, has proposed an offer to acquire full control of its majority-owned subsidiary, Deutsche Wohnen (OTC:DTCWY). The…
Allianz withdraws $1.63 billion bid for Income Insurance stake
The German financial services giant Allianz (ETR:ALVG) has withdrawn its proposal to acquire a 51% stake in Income Insurance, a Singapore-based insurer….
Alibaba set to sell Intime for $1 billion to Youngor Fashion
Alibaba (NYSE:BABA) Group Holding Ltd. is on the verge of finalizing a deal to divest its department store chain, Intime, to Youngor…
P&G agrees to disclose more on wood-pulp supplier audits
Procter & Gamble (NYSE:PG) has committed to providing greater transparency regarding its wood-pulp supplier audits. This move comes as a response to…
Trump transition team proposes EV policy rollback
The transition team of incoming U.S. President Donald Trump is advocating for significant policy changes that would end support for electric vehicles…
USD/MXN forecast ahead of Fed and Banxico rate decisions
The USD/MXN exchange rate has moved sideways in the past few weeks as traders eye the upcoming Federal Reserve and Banxico interest…
