Economy

Economy News

Citigroup’s Mexico exit sparks fears over fate of art collection

Citigroup is selling Citibanamex whose assets include a vast collection of Mexican masterpieces. By Ann Deslandes Mexico City, Mexico – In the baroque Iturbide Palace in downtown Mexico City, some of the.

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Ukraine, inflation fears pummel US stocks but oil surges

With Brent touching $95 a barrel and West Texas Intermediate at $93.78, talk of $100 oil no longer seems far fetched. By Stephen Kirkland and Vildana Hajric and Peyton Forte Bloomberg Stocks dropped,.

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Back to the future: Super Bowl ads bet on nostalgia, escapism

The Los Angeles Rams are taking on the Cincinnati Bengals during Super Bowl 56 on Sunday at the SoFi Stadium in Inglewood, California. Back to the future: Super Bowl ads bet on nostalgia, escapism The Los Angeles.

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Where have all the US workers gone? Will they come back?

The number of Americans either working or looking for a job is still down from pre-pandemic levels. By Michael Moran A call these days to Delta Airlines customer service number –.

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Republican senator targets Biden’s Fed nominee Raskin

(Reuters) – The U.S. Senate Banking committee’s top Republican on Friday took renewed aim at President Joe Biden’s nominee to a senior Federal Reserve post, Sarah Bloom Raskin, suggesting she.

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Japan’s economy likely rebounded in Q4 on solid consumption: Reuters poll

By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely rebounded in the final three months of 2021 as consumption rose during a drop off in COVID-19 cases, a Reuters poll.

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Amazon helps stocks steady but prospects for rate hikes loom over markets

By Kanupriya Kapoor SINGAPORE (Reuters) – Asian equity markets fought for a footing on Friday, supported by an Amazon-led bounce in U.S futures, but oil’s rise to a seven-year high.

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Emerging FX already riding higher local rates will outperform this year: Reuters poll

By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) – Emerging market currencies will struggle to stem losses in the near-term as the U.S. Federal Reserve lifts interest rates off the.

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Japan has no plans to review sales tax rates, finance minister says

TOKYO (Reuters) – Japanese is not considering reviewing future national sales tax rates as the current 10% levy provides a vital source of funding the social security spending to support.

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South Korea extends business curfews as Omicron cases spike

Prime Minister Kim Boo-kyum says extension necessary to slow spread of Omicron after Lunar New Year celebrations. South Korea extended COVID-19 social distancing rules on Friday for two weeks, including.

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