Article content MEXICO CITY — The U.S. Federal Aviation Administration (FAA) has opened an office in Mexico to strengthen cooperation between authorities and the private sector, U.S. Ambassador to Mexico Ken Salazar said Friday. In September, the FAA said it would work with countries showing early signs that civil aviation authorities are not meeting safety […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Lucia Mutikani Published Jan 20, 2023 • 4 minute read Join the conversation Article content WASHINGTON — U.S. existing home sales plunged to a 12-year low in December, but declining mortgage rates raised cautious optimism that the embattled housing market could be close to finding […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Giuseppe Fonte and Francesca Landini Published Jan 20, 2023 • 3 minute read Join the conversation Article content ROME — The chief executive of Italy’s Eni Claudio Descalzi is on course to secure Prime Minister Giorgia Meloni’s backing for an unprecedented fourth term at the […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Scott Disavino Published Jan 20, 2023 • 2 minute read Join the conversation Article content U.S. energy firms cut the most oil rigs in a week since September 2021, energy services firm Baker Hughes Co said in its closely followed report on Friday. […]
Article content NEW YORK — The U.S. Congress will likely reach an agreement on a new debt limit before the Treasury exhausts extraordinary cash management measures to stave off a debt default, Moody’s Investors Service said on Thursday, adding however that protracted negotiations will likely cause volatility in markets. The U.S. government hit its $31.4 […]
Article content WASHINGTON — Evidence in favor of a “soft landing” for the U.S. economy, in which inflation declines without major job losses, appears to be growing, Federal Reserve Vice Chair Lael Brainard said on Thursday in remarks that excluded any explicit policy preference for the U.S. central bank’s upcoming meeting but noted signs of […]
Article content CARACAS — Venezuela’s opposition national assembly on Thursday named the commission members who will manage most of the country’s assets abroad, moving ahead with a promise by the body’s new leadership as it seeks to unify ahead of expected presidential elections. Venezuela traditionally has only one legislature, but currently has two parallel bodies […]
Article content Citigroup Inc has discriminated against the firearms sector, the office of Texas Attorney General Ken Paxton said, making a decision that “has the effect” of Texas halting Citi’s ability to underwrite most municipal bond offerings in the state. Republicans have been ramping up pressure on the finance industry over environmental, social and governance […]
Article content Gold prices rose nearly 1% on Thursday, supported by a weaker dollar and some safe-haven demand as weak U.S. economic readings and hawkish comments from Federal Reserve officials fueled recession worries. Spot gold was up 0.9% to $1,920.70 per ounce at 12:44 p.m. ET (1744 GMT). U.S. gold futures rose 0.8% to $1,922.70. […]
Article content TORONTO — Hudson’s Bay Company has unveiled a list of the first 25 Zellers locations to open inside select Hudson’s Bay department stores across Canada. Article content This past August, HBC announced that it was reviving the Zellers banner, a decade after the discount chain closed most of its stores in Canada. The […]