General Motors Chief Executive Officer Mary Barra announces a major

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FILE PHOTO: General Motors Chief Executive Officer Mary Barra announces a major investment focused on the development of GM future technologies at the GM Orion Assembly Plant in Lake Orion, Michigan, U.S. March 22, 2019. REUTERS/Rebecca Cook

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Dollar slides vs yen, Swiss franc as risk appetite plummets

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By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar dropped on Wednesday against the Japanese yen and Swiss franc, in line with the stock market’s plunge, as fears over the spreading coronavirus pushed investors into safe havens, even as sterling fluctuated between gains and losses after the Bank of England unexpectedly cut interest rates. […]
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Flagging weaker growth, Mexico central bank cuts interest rate again

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By Anthony Esposito MEXICO CITY (Reuters) – Mexico’s central bank cut its benchmark interest rate on Thursday for a fifth straight meeting, lowering it 25 basis points to 7.0% as expected, amid a backdrop of a stagnating economy and slightly above-target headline inflation. “Based on the most recent data, gross domestic product in 2020 is […]