MEXICO CITY (Reuters) – The International Monetary Fund (IMF) has concluded that Mexico still meets the eligibility criteria for a flexible credit line, the Mexican central bank said on Thursday[...]
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Economy
Pakistan, IMF plan to move fast on bailout programme
ISLAMABAD (Reuters) – Pakistan and the International Monetary Fund (IMF) will “expeditiously” finish their technical engagement as part of the ninth review of Pakistan’s bailou[...]
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Brazil’s Economy Ministry lowers 2023 GDP forecast to 2.1%
BRASILIA (Reuters) – Brazil’s Economy Ministry on Thursday lowered its forecast for economic growth in 2023 to 2.1% from 2.5% in September. The ministry kept its 2022 GDP growth outlook at[...]
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U.S. IPO price pops prompt fraud and ‘pig butchering’ warnings
By John McCrank NEW YORK (Reuters) – U.S. exchanges and Wall Street’s top cop on Thursday warned about a heightened threat of fraud mostly involving the initial public offerings of small c[...]
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Burberry focuses on ‘Britishness’ in new CEO’s growth plan
By Paul Sandle LONDON (Reuters) -Burberry will focus on “Britishness” to eventually become a 5 billion pound business, new CEO Jonathan Akeroyd said, and will increase sales of accessories[...]
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Jeremy Hunt hikes taxes, squeezes spending to restore markets’ faith in UK
(Corrects estimate and year for inflation in second paragraph) By David Milliken, Andy Bruce and William Schomberg LONDON (Reuters) – British finance minister Jeremy Hunt announced a string of t[...]
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Merck picks Goldman Sachs to launch pigments sale in 2023 – sources
By Emma-Victoria Farr and Ludwig Burger FRANKFURT (Reuters) – German diversified group Merck KGaA has tapped Goldman Sachs to revive a $1 billion sale of its pigments division after previous att[...]
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Disabled employee sues Twitter over Musk’s ban on remote work
By Daniel Wiessner (Reuters) – Twitter Inc owner Elon Musk’s mandate that employees stop working remotely and put in “long hours at high intensity” discriminates against worker[...]
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Factbox-From Genesis to Voyager, crypto firms’ exposure to FTX is coming to light
(Reuters) – After major crypto exchange FTX filed for U.S. bankruptcy protection on Friday, the crypto industry is bracing for further fallout. BlockFi and Genesis, two firms with exposure to FT[...]
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