Economy

WASHINGTON (Reuters) – Elon Musk’s government efficiency panel wants “high IQ” employees and plans weekly livestreams, according to X posts about President-elect Donald Trump’s initiative to streamline the U.S. bureaucracy.…

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Economy

Nvidia results in focus as stock market’s election boost stalls

November 15, 2024

By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – Nvidia Corp (NASDAQ:NVDA)’s results in the coming week could guide the U.S. stock market on its next path, as investors turn their…

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Economy

Exclusive-Compass Minerals attracts takeover interest from buyout firms, sources say

November 15, 2024

By Anirban Sen and Ernest Scheyder (Reuters) -Compass Minerals is in talks with private-equity firms to sell itself, three sources familiar with the matter said, after an aborted lithium-mining project…

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Economy

Mexico to extend $6.7 billion to cover oil producer Pemex’s debt in 2025

November 15, 2024

MEXICO CITY (Reuters) – The Mexican government expects to transfer 136 billion pesos ($6.69 billion) to state oil producer Pemex next year to help the heavily indebted firm meet its…

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Economy

Rescinding US EV tax credit would cede ground to China, Granholm says

November 15, 2024

BAKU (Reuters) – Cancelling the U.S. electric vehicle tax credit would be counterproductive and cede ground to car-makers in China, U.S. Energy Secretary Jennifer Granholm told reporters on Friday at…

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Economy

Mauritius president appoints Rama Krishna Sithanen as central bank governor

November 15, 2024

PORT LOUIS (Reuters) – Mauritius President Prithvirajsing Roopun appointed Rama Krishna Sithanen as governor of the central bank on Friday, following a general election last weekend that was won by…

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Economy

Strong US data continues reshaping Fed views of pace, extent of rate cuts

November 15, 2024

By Howard Schneider WASHINGTON (Reuters) – Strong U.S. economic and inflation data on Friday continued reshaping the debate among Federal Reserve policymakers over the pace and extent of interest rate…

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Economy

US industrial production sags in October amid continued drag from Boeing strike, hurricanes

November 15, 2024

WASHINGTON (Reuters) – U.S. industrial production fell for a second straight month in October, continuing to be depressed by hurricanes and a strike by factory workers at Boeing (NYSE:BA), but…

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Economy

Mexico has room to boost tax revenues without fiscal overhaul, president says

November 15, 2024

MEXICO CITY (Reuters) – Mexico has room to boost tax revenues next year without turning to a deep fiscal reform, President Claudia Sheinbaum said on Friday, as her government is…

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Economy

EM stocks see largest foreign monthly outflow since 2020, bonds hang on

November 15, 2024

By Rodrigo Campos (Reuters) -Foreign investors sold out of emerging market stocks in October by the most since the COVID-19 market sell-off in early 2020, but inflows to EM bonds…

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Popular Topics

Elon Musk efficiency panel seeks ‘high IQ’ staff, plans livestreams

Nvidia results in focus as stock market’s election boost stalls

Exclusive-Compass Minerals attracts takeover interest from buyout firms, sources say

Mexico to extend $6.7 billion to cover oil producer Pemex’s debt in 2025

Rescinding US EV tax credit would cede ground to China, Granholm says

Mauritius president appoints Rama Krishna Sithanen as central bank governor

Strong US data continues reshaping Fed views of pace, extent of rate cuts

US industrial production sags in October amid continued drag from Boeing strike, hurricanes

Mexico has room to boost tax revenues without fiscal overhaul, president says

EM stocks see largest foreign monthly outflow since 2020, bonds hang on