(Bloomberg) — Argentina’s central bank raised its benchmark rate Thursday for the first time since September after annual inflation surged above 100% last month, according to a monetary policy statement.
The “banking crisis is over,” Odeon Capital analyst Dick Bove said after reports that the nation’s largest private banks will provide $30 billion in liquidity to stabilize First Republic Bank.
The nation’s biggest banks are close to agreeing upon a plan to deposit as much as $30 billion with First Republic Bank in an effort supported by the US government to stabilize the battered California lender, according to people with knowledge of the matter.
The company that owns pornographic video-streaming platform Pornhub is being acquired by a new private equity firm based in the Canadian capital of Ottawa.
Meta Platforms Inc. has started carrying out job cuts announced by the social media giant earlier this week, starting with 1,500 employees in recruiting and human resources, according to people familiar with the matter.
Donald Trump wants back in the White House — badly. Look no further than the recreation of Air Force One protocols on his recent trip to Iowa, the key Republican early-voting primary state.
US Secretary of State Antony Blinken announced $150 million in humanitarian aid for Niger and other African nations as part of an effort to support a government that’s been battling to quell extremist violence in the Sahel region.
A federal appeals court in New York is asking the Securities and Exchange Commission to share its views on whether syndicated loans are securities, the court said in an order Thursday.
The UK government offered a 5% pay rise to nurses, midwives and ambulance workers in England for the next financial year, in a bid to end months of strikes.
Credit Suisse Group AG was hit with its first US investor lawsuit over the bank’s recent difficulties, alleging that it overstated its financial prospects to shareholders.
