By Lucila Sigal BUENOS AIRES (Reuters) – Ada, a severely anemic 83-year-old Argentine woman, waited for six months to get an appointment to operate on a heart blockage due to a lack of supplies and a web of bureaucracy that could have cost her life. Cases like Ada’s are becoming more common amid deep spending …
Argentine heart health faces ‘perfect storm’ amid Milei’s austerity Read More »
BERLIN (Reuters) -German investor morale clouded over in November, an economic research institute said on Tuesday, saying that the uncertainty unleashed by Donald Trump’s U.S. election win and the collapse of the German government had overshadowed economic expectations. The ZEW Institute reported a stronger-than-expected decline in its economic sentiment index to 7.4 points from 13.1 …
German investor morale falls, rattled by Trump and coalition collapse Read More »
BERLIN (Reuters) – German inflation rose to 2.4% in October, the federal statistics office said on Tuesday, confirming preliminary data. German consumer prices, harmonised to compare with other European Union countries, had risen by 1.8% year-on-year in September. (Writing by Friederike Heine, editing by Rachel More)
BRASILIA (Reuters) -Brazil’s finance minister said on Monday that remaining stumbling blocks to a fiscal package aimed at curbing mandatory expenses had been resolved, but added that President Luiz Inacio Lula da Silva wants to extend the cuts to one more ministry. The Brazilian real currency has weakened to multi-year lows against the U.S. dollar …
Brazil’s finance chief says fiscal package issues solved, new area might be added Read More »
By Renju Jose SYDNEY (Reuters) -The Australian government said on Tuesday it would provide up to A$80 million ($52.6 million) to airline Regional Express Holdings to keep its regional routes running during an extended voluntary administration process. Terms of the financing package were not disclosed. Transport Minister Catherine King said the funding was “another demonstration …
Australia regional airline Rex gets $53 million government lifeline to keep flying Read More »
By Harshita Mary Varghese (Reuters) – IAC said it was exploring a spin-off of its majority stake in home services unit Angi after the internet holding company beat third-quarter revenue expectations on Monday thanks to steady ad demand for its biggest business, Dotdash Meredith. IAC owns an 85% stake in Angi, which has a market …
IAC weighs home services unit Angi’s spin-off as Dotdash Meredith drives revenue Read More »
By Erwin Seba HOUSTON (Reuters) -Oil prices fell by more than 2% on Monday after China’s latest stimulus plan disappointed investors seeking demand growth in the world’s second-biggest oil consumer, while supply looked set to rise in 2025. Brent crude futures settled at $71.83 a barrel, down$2.04 or 2.76%. U.S. West Texas Intermediate crude futures …
Oil falls on Chinese stimulus disappointment, supply outlook Read More »
By Leika Kihara TOKYO (Reuters) – Japan’s service-sector sentiment worsened and bankruptcy cases rose in October, data showed on Monday, casting doubt on the central bank’s view the country was on track to meet its 2% inflation target driven by robust domestic demand. The findings align with concerns voiced by some Bank of Japan (BOJ) …
Dampening corporate mood, rising bankruptcies cloud BOJ’s rate hike path Read More »
ZURICH (Reuters) – The Swiss National Bank is not locked into more interest rate cuts in December, Vice Chairman Antoine Martin was quoted as saying in an interview published on Monday, despite previous comments it could trim borrowing costs after tackling inflation. The SNB has been at the forefront of central banks cutting interest rates …
Swiss National Bank not locked into rate cuts, Vice Chairman says Read More »
MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum said on Monday that she would renew an agreement with food producers and retailers to keep the price of a set of basic groceries affordable for consumers. The measure had been rolled out by her predecessor, former President Andres Manuel Lopez Obrador, in 2022 as inflation was the …
