FRANKFURT (Reuters) -It is too early for the European Central Bank to discuss another interest rate cut as inflation in the euro zone might still turn out higher than expected, ECB policymaker Martins Kazaks said on Thursday. The ECB halved its policy rate in the year to June as it watched price growth fall to…
SAO PAULO (Reuters) -Brazilian meatpacker JBS said on Tuesday it had signed a binding memorandum of understanding with the shareholders of Viva to combine both firms’ assets related to leather production and commercialization. In a securities filing, JBS said the new company will be called JBS VIVA and will be owned 50% by JBS and…
By Emmanuel Bruce ACCRA (Reuters) -Ghana’s central bank cut its main interest rate by 350 basis points to 18.0% on Wednesday, citing an improved economic outlook and expectations for further declines in consumer inflation. Economists polled by Reuters had forecast a 250 basis points cut after a record 350 basis point reduction to 21.5% at…
By Anirban Sen NEW YORK (Reuters) -TMX Group, which operates the Toronto Stock Exchange, is expecting a big pickup in stock market listings heading into 2026, boosted by a robust pipeline of companies that are aiming to tap the capital markets in the coming months, executives at the firm told Reuters. Canadian initial public offering…
KINGSTON (Reuters) -Jimmy Cliff, the legendary Jamaican singer who along with Bob Marley popularized reggae, ska and rocksteady music over a six decade career, has died, his wife Latifa Chambers announced on Facebook on Monday. The cause was a seizure followed by pneumonia, she said. Born James Chambers on July 30, 1944 during a hurricane…
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(Reuters) -Amazon.com is planning to invest about $15 billion in Northern Indiana to build data center campuses, the tech giant said as it looks to boost its cloud computing capacity to support booming artificial intelligence demand. The new data center project, which comes on top of an $11 billion outlay announced last year, will add…
By Matthias Inverardi and Miranda Murray DUESSELDORF, Germany (Reuters) -Auterion CEO Lorenz Meier said having German defence player Rheinmetall on board as a “significant” shareholder in the U.S.-based drone software firm would help it grow its order book, adding that it would not lead to a full takeover. Auterion already provides software for some Rheinmetall…
GENEVA (Reuters) -Medecins Sans Frontieres said on Friday that its medical teams in Gaza had treated Palestinian women and children this week for injuries from Israeli airstrikes and gunfire, almost six weeks into a fragile Israel-Hamas ceasefire. Since Wednesday, medical staff in northern and southern Gaza have treated women and children with open fractures and…
By Michael S. Derby BOSTON (Reuters) -Federal Reserve Bank of Boston President Susan Collins said Saturday that she’s still leaning against the U.S. central bank cutting its interest rate target next month as it faces ongoing risks to both its inflation and job mandates. “I do see reasons to be hesitant” about lowering the cost…
