Article content ROME — Italy on Monday earmarked 30 million euros ($33 million) to improve the skills of unemployed people as well as those workers whose jobs could be most at risk from the advance of automation and artificial intelligence. According to the Fondo per la Repubblica Digitale (FRD), set up in 2021 by the […]
Article content Shares of U.S. regional lenders gained on Monday led by a rebound in PacWest Bancorp, as investors tried to look past the crisis of confidence brought on by the collapse of three banks in a span of two months. PacWest rose 8.4%, while Western Alliance Bancorp, Fifth Third Bancorp, Comerica Inc and KeyCorp […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Carlos Valdez Published May 14, 2023 • 3 minute read Join the conversation Article content LA PAZ, Bolivia (AP) — On a recent, cold morning, Dr. Carlos Ortuno hopped into a tiny electric car to go check on a patient in the outskirts […]
Article content BUENOS AIRES — Argentina’s government announced a package of measures to rein in soaring inflation and support the wobbly peso currency on Sunday, including rate adjustments, more interventions in the exchange market and expedited deals with creditors. The measures include an interest rate hike from the country’s central bank, the economy ministry said […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Claire Savage Published May 14, 2023 • 6 minute read Join the conversation Article content CHICAGO (AP) — Holed up at home during the pandemic lockdown three years ago, 13-year-old Shreya Nallamothu was scrolling through social media when she noticed a pattern: Children […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Lewis Krauskopf Published May 14, 2023 • 3 minute read Join the conversation Article content NEW YORK — A U.S. stocks rally is leaving behind smaller companies, a sign that investors may be bracing for economic turmoil ahead. The small-cap Russell 2000 is […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Fergal Smith Published May 14, 2023 • 2 minute read Join the conversation Article content TORONTO — Signs of recovery in Canada’s housing market after a year-long slump, just as higher borrowing costs are expected to slow much of the rest of the economy, could […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press R.j. Rico Published May 13, 2023 • 5 minute read Join the conversation Article content Housing advocates are raising the alarm about House Republicans’ plan to dramatically cut the federal deficit to raise the debt ceiling, warning rental aid would be stripped from […]
Article content BOGOTA — Colombia’s flagship airline Avianca is backing down from a merger with Viva Air, blaming conditions set by the country’s aviation regulator, the company announced Saturday. In a statement, Avianca said conditions set by the regulator “would not allow Viva to be a financially and operationally viable airline,” and also put Avianca’s […]
Breadcrumb Trail Links PMN Business High global borrowing costs are postponing construction of the $3 billion mill at the center of a massive wood-pulp project in Paraguay. Author of the article: Bloomberg News Ken Parks Published May 13, 2023 • 2 minute read Join the conversation Article content (Bloomberg) — High global borrowing costs are […]