Russia’s Putin questions the need for dollar forex reserves, touts bitcoin
MOSCOW (Reuters) – Russian President Vladimir Putin on Wednesday questioned the need to hold state reserves in foreign currencies since…
Mexico announces 12% boost to minimum wage to combat poverty
MEXICO CITY (Reuters) – Mexico’s government announced on Wednesday that it will raise the minimum wage by 12% starting next…
Trump picks finance professor Faulkender for deputy Treasury secretary
WASHINGTON (Reuters) – U.S. President-elect Donald Trump on Wednesday named University of Maryland finance professor Michael Faulkender as his choice…
Powell remarks watched for sign of pushback or support of Fed rate cut
By Howard Schneider NEW YORK (Reuters) -U.S. Federal Reserve Chair Jerome Powell speaks on Wednesday with key jobs data due…
BlackRock Investment Institute goes further ‘overweight’ on U.S. equities
(Reuters) – The BlackRock (NYSE:BLK) Investment Institute (BII) said on Wednesday that it had gone further “overweight” on U.S. equities…
France’s Le Pen says she would support a budget rollover emergency law
PARIS (Reuters) – French far-right leader Marine Le Pen said on Wednesday her National Rally (RN) party would support an…
Irish corporate tax revenues up 59% in year to end-November on Apple tax
DUBLIN (Reuters) -Irish corporate tax receipts were up 59% in the first 11 months of the year, lifted by a…
NexGen Energy shares rise on new US uranium sales deals
Shares of NexGen Energy Ltd. (TSX:NXE) saw a 4% increase on Wednesday morning following the company’s announcement of securing its…
UniCredit CEO told investors it has until March to improve Banco BPM bid
MILAN (Reuters) – UniCredit has until March to evaluate improving its takeover bid for Banco BPM, CEO Andrea Orcel told…
UBS conference comments boosts PYPL shares
Shares of PayPal (NASDAQ:PYPL) Holdings saw a 2% increase following the company’s presentation at the UBS Global Technology and AI…