US to propose Basel rule revisions this month, Bloomberg reports
(Reuters) -The U.S. Federal Reserve and other regulators are set to unveil sweeping changes to a raft of proposed banks capital rules as soon as Sept. 19, Bloomberg News reported…
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Bolivia inflation nears decade-high in August
LA PAZ (Reuters) – Bolivian inflation hit its highest level in nearly ten years, data from the South American country’s national statistics office INE showed on Friday, hitting a 12-month…
Brazil studies raising taxes without lawmaker approval, sources say
By Bernardo Caram BRASILIA (Reuters) – Brazil’s government is considering tax hikes that do not require congressional approval to balance this year’s budget, two finance ministry sources said on Friday,…
EU-Mercosur trade talks progress on divisive issues, sources say
BRASILIA (Reuters) – European Union and South American negotiators ended two days of trade negotiations on Friday with “significant progress” on contentious issues that have been holding up the long-overdue…
California governor vetoes bill to help undocumented immigrants buy homes
By Kanishka Singh (Reuters) – California’s Democratic Governor Gavin Newsom vetoed a bill on Friday that would have allowed undocumented immigrants access to state funds in helping buy a home,…
Vale, BHP, Samarco could close $18 billion deal over Brazil dam collapse, sources say
RIO DE JANEIRO (Reuters) -Mining companies Vale and BHP, together with their joint venture Samarco, may soon reach an agreement with Brazilian authorities to pay around 100 billion reais ($17.87…
Economic worries back on Wall Street’s radar after jobs data
By Lewis Krauskopf and David Randall NEW YORK (Reuters) – Uncertainty over the U.S. economy’s health is rippling through markets, adding fuel to an already-volatile period that has investors grappling…
Ukraine forex reserves rise to $42.3 billion as of Sept 1
(Reuters) -Ukraine’s foreign currency reserves were up to $42.3 billion as of Sept. 1, the central bank said on Friday. The reserves grew by 13.7% over the past month, the…
Mexico inflation seen easing in August after months accelerating: Reuters poll
MEXICO CITY (Reuters) – Mexico’s headline inflation rate likely eased in August after accelerating for the previous five months, a Reuters poll of analysts showed on Friday, boosting expectations that…
US job openings hit 3-1/2-year low as labor market eases
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but the reduction on its own is…