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Brazil growth, inflation, rates outlook sink to new lows: central bank survey
BRASILIA (Reuters) – Expectations for Brazilian economic growth, inflation and interest rates this year sank to new lows, a weekly central bank survey of economists showed on Monday, as the coronavirus cloud over Latin America’s largest economy continued to darken. The economy is now expected to shrink by 3% this year, according to the average […]
Wall Street set for weak open on hedge fund-retail battle
LONDON (Reuters) – U.S. stock futures and European stocks fell on Friday while the safe-haven dollar held its ground as a Wall Street battle between hedge funds and retail investors and a row in Europe over COVID-19 vaccine supply cooled risk appetite. Wall Street has been gripped by an assault by small traders organising over […]
Chinese regulator promises to help firms resume work amid virus outbreak
SHANGHAI (Reuters) – China’s market regulator announced on Saturday policies to encourage companies to resume work amid a coronavirus outbreak, saying it would accelerate the approval process for production licenses. The State Administration for Market Regulation would also facilitate online reporting for merger and acquisition deals, as well as anti-monopoly reviews, it said in a […]