By David Lawder WASHINGTON (Reuters) -Biden administration officials complained on Tuesday about ratings agency Fitch’s downgrade of the top U.S. government credit rating, saying the group used[...]
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August 2, 2023
Victoria’s wage enforcement agency charges Woolworths for underpaying ex-employees
(Reuters) -The wage law enforcement agency of the Australian state of Victoria on Wednesday said it has filed more than 1,000 charges against top grocer Woolworths Group, alleging failure to pay A$1 m[...]
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Marketmind: Markets shake off surprise US credit downgrade
A look at the day ahead in European and global markets from Brigid Riley Fitch delivered the markets a doozy of a surprise with an unexpected downgrade of the U.S. government’s credit rating, by[...]
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Wells Fargo expects to pay up to $1.8 billion to help refill FDIC fund
NEW YORK (Reuters) -Wells Fargo said on Tuesday it expects to pay as much as $1.8 billion to help replenish a government deposit insurance fund that was drained of $16 billion this year after three ba[...]
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BOJ debated inflation overshoot risk in June, offering insight into July tweak
By Leika Kihara TOKYO (Reuters) -Some Bank of Japan (BOJ) board members said domestic inflation might hold above the central bank’s 2% target, minutes of their June policy meeting showed, provid[...]
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Analysis-Point of no return: Australians fight for the right to work from home permanently
By Byron Kaye SYDNEY (Reuters) – Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor that employs drone operator Nicholas Coomber called its 180-strong s[...]
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South Korea July consumer inflation slowest in 25 months
By Jihoon Lee SEOUL (Reuters) -South Korea’s consumer inflation cooled more than expected in July to its slowest in 25 months, official data showed on Wednesday, supporting market views that the[...]
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KPMG warned Brazil’s Americanas about lack of financial controls in 2019, partner says
(Corrects last name of KPMG partner to Bellangero, not Belangero, throughout the story) By Carolina Pulice and Andre Romani SAO PAULO/MEXICO CITY (Reuters) – Brazilian retailer Americanas’[...]
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Mexico says trade deal does not apply in Grupo Mexico mine labor dispute
By Daina Beth Solomon MEXICO CITY (Reuters) -A labor dispute at Grupo Mexico’s San Martin mine in Mexico’s Zacatecas state, where the U.S. raised concerns over alleged worker rights abuses[...]
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