Moscow is trying to destabilize Moldova, but the tiny former Soviet republic can join the European Union by 2030 alongside its breakaway Transnistria region despite the current presence of Russian troops, its president said.
Ross Perot Jr., whose family is one of the largest independent property developers in the country, warned of a looming real estate recession if banks don’t start lending again.
It took Jaime Gilinski 561 days, and eight tries, but in the end he got his wish: wresting control of a century-old food conglomerate from Colombia’s most powerful business group.
The US economy showed signs of cooling in recent weeks as hiring and inflation eased slightly, the Federal Reserve said in its Beige Book survey of regional business contacts.
Coupa Software Inc., the enterprise firm acquired by Thoma Bravo earlier this year, announced job reductions, becoming the latest technology company to prioritize profit in an uncertain economy.
San Francisco Mayor London Breed on Wednesday unveiled a two-year budget that increases police and homelessness funding as the city tries to lure businesses back to its hollowed-out downtown.
Federal Reserve Governor Philip Jefferson signaled the central bank is inclined to keep interest rates steady at its next meeting in June to give policymakers more time to assess the economic outlook, but such a decision wouldn’t mean hikes are finished.
Apple Inc., touting the value of its App Store just ahead of the company’s developer expo, said that the platform handled transactions worth $1.1 trillion last year, up 29% from 2021.
Zimbabwe’s central bank sees “near convergence” of the country’s official and black-market foreign-exchange rates, after a currency rout led to a 58% slump against the US dollar this month.
Republican and Democratic leaders are expressing confidence that compromise legislation to avert a catastrophic US default will pass the House of Representatives Wednesday night on the backs of moderates.
