Reuters US Economy

Brazil’s Finance Minister says fiscal measures could be announced this week

BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Monday that fiscal measures to support the country’s fiscal framework could be announced this week, adding that the government is in the final stages of preparation for the announcement. Speaking to reporters, he said President Luiz Inacio Lula da Silva is expected to call him …

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Air Transport Services Group to be taken private by Stonepeak in $3.1 billion deal

(Reuters) -Air Transport Services Group said on Monday investment firm Stonepeak was taking it private in a deal valued at $3.1 billion, including debt, sending the aircraft lessor’s shares 27% higher before the bell. Stonepeak will pay $22.5 per share for the company, representing a 29.3% upside to Air Transport’s closing price on Friday. Reuters …

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Take Five: Only one show in town

(Reuters) -Voters in the United States are heading to the polls on Tuesday to pick their next president in a too-close-to-call election pitching Republican Donald Trump against Democrat Kamala Harris. Who will be at the helm of the world’s biggest economy will have wide-ranging consequences for financial markets, global trade, with China and Europe in …

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Shore Capital, Silver Lake in talks over $8.6 billion pet care deal, Bloomberg News reports

(Reuters) -Private equity firm Shore Capital Partners is in talks to partner with Silver Lake Management to combine two veterinary groups through an $8.6 billion deal, Bloomberg News reported on Friday, citing people familiar with the matter. Shore is working to merge portfolio companies Southern Veterinary Partners and Mission Veterinary Partners and recapitalize the combined …

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Argentina cuts interest rate to 35% as inflation outlook eases

By Jorge Otaola BUENOS AIRES (Reuters) -Argentina’s central bank cut its benchmark interest rate to 35% in a surprise move on Friday, boosting local markets and signaling growing optimism by the government that it can tame the country’s triple-digit inflation. The 500 basis point cut was the seventh time the policy rate has been lowered …

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IMF sees Mexico’s economic growth slowing to 1.5% this year

MEXICO CITY (Reuters) – The International Monetary Fund (IMF) estimates that Mexico’s economic growth will slow to around 1.5% this year before dipping to just 1.3% in 2025, according to the international lender’s updated forecasts released on Friday. The IMF noted that sustainable and inclusive growth in Latin America’s No. 2 economy will require a …

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