Instacart named former chief financial and operating officer Ravi Gupta to its board of directors Friday, formalizing a move after the grocery technology company went public earlier this week.
European Central Bank Governing Council member Pablo Hernandez de Cos said it’s too soon to discuss when to lower borrowing costs — even if they may now be high enough to return inflation to the 2% goal.
A global sugar crunch that drove prices of the sweetener to an 11-year high is finally poised to ease — and it’s thanks to a crop that might seem totally unrelated.
Goldman Sachs Group Inc. sees India’s inclusion to JPMorgan Chase & Co.’s key emerging market index spurring inflows upwards of $40 billion to the country’s bonds markets over the next 18 months.
Chile’s central bank reiterated that its key interest rate will end December as low as 7.75% and fall further next year, while warning of volatility in the foreign exchange market, the minutes of its September policy meeting showed.
(Bloomberg) — Federal Reserve Governor Lisa Cook said the use of artificial intelligence in the economy presents many unanswered questions for policymakers though there is some evidence that it could improve labor productivity.
General Motors Co., Ford Motor Co. and Stellantis NV are bracing for more walkouts Friday as the carmakers remain far apart from the United Auto Workers on key issues, including job security and pay parity for temporary workers.
Attractive pricing on a full range of leveraged finance deals is giving bankers the confidence to underwrite more transactions.
Ukraine’s war-battered economy climbed for the first time on an annual basis since Russia invaded last year as it clawed back from a steep drop and spending rose among consumers adjusting to the conflict.
Phasing out fossil fuels completely is not a realistic goal, according to China’s climate envoy and the world’s top greenhouse emitter’s representative to the United Nations’ climate talks in November.
