Article content BEIJING — Safeguarding the Dutch economy and cyberspace is a key priority for the Netherlands, Deputy Prime Minister and Foreign Minister Wopke Hoekstra said in China on Tuesday as Western governments adopt an increasingly defensive stance towards Beijing. Hoekstra was the first Dutch minister to visit China since the world’s second-largest economy reopened […]
Article content LONDON — Barclays has appointed a Morgan Stanley veteran Scott McDavid as its new global head of equities, the British bank said on Tuesday, the latest in a series of high-profile hires at its investment bank in New York. The bank also said it had appointed Ronnie Wexler as global head of equities […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Chris Prentice and Alun John Published May 23, 2023 • 3 minute read Join the conversation Article content Global equities slid on Tuesday as talks over the U.S. debt ceiling continued without resolution, and yields on one-month U.S. Treasury bills hit a record high. Rising […]
Article content WASHINGTON — The U.S. Federal Reserve’s 2020 move to put more weight on jobs in setting monetary policy “created more problems than it solved” as inflation surged and policymakers responded more slowly than they otherwise might have, economists including a former Fed vice chair said in research critical of that change. “Many elements […]
Article content WASHINGTON — President Joe Biden on Monday will announce he plans to nominate attorney Anna Gomez for a key fifth seat on the U.S. Federal Communications Commission (FCC), after Democrats had been stymied since 2021 from getting a majority on the five-member telecommunications regulator, sources told Reuters. Gomez, a Democratic telecommunications attorney, currently […]
Breadcrumb Trail Links PMN Business Article content (Adds further material from report in paragraphs 4-8) May 22 (Reuters) – Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. By clicking on the sign up button you consent to receive the above newsletter […]
Article content CHICAGO — U.S. wheat, soybean and corn futures rose on Monday, with a round of bargain buying supporting commodities prices after a bearish global supply picture pushed prices sharply lower this month. The benchmark Chicago Board of Trade contract dropped below $6 a bushel for the first time in more than two years […]
Article content ABIDJAN — The development of the April-to-September mid-crop could finish strong due to above average rains in most of Ivory Coast’s main cocoa growing regions, farmers said on Monday. Ivory Coast, the world’s top cocoa producer, is in its rainy season which runs officially from April to mid-November. Article content Farmers said that […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Mike Schneider Published May 21, 2023 • 2 minute read Join the conversation Article content ORLANDO, Fla. (AP) — The NAACP over the weekend issued a travel advisory for Florida, joining two other civil rights groups in warning potential tourists that recent laws […]
Article content SEOUL, South Korea (AP) — The leaders of South Korea and Germany on Sunday pledged more cooperation in building stable industrial supply chains and addressing the challenges posed by nuclear-armed North Korea as they met in Seoul after flying in from the Group of Seven meetings in Japan. South Korean President Yoon Suk […]