IMF board approves new trust to help members deal with climate change, pandemics

WASHINGTON (Reuters) -The International Monetary Fund's executive board on Wednesday approved creation of a new facility to help low-income and most middle-income countries deal with longer-term challenges such as climate change and pandemics.

newspaper

13-04-2022

Fearing high inflation, ECB to stay on course to unwind stimulus

The European Central Bank may outline on Thursday a clearer schedule for unwinding its extraordinary stimulus, as worries over record-high inflation trump concerns about a war-related recession.

newspaper

13-04-2022

Rent the Runway expects full-year revenue below estimates, shares fall 4%

(Reuters) -Rent the Runway on Wednesday forecast full-year revenue below Wall Street estimates, sending the apparel rental firm's shares down 4% in extended trading.

newspaper

13-04-2022

Canada's TD Bank to offer salary hikes, one-time cash rewards to employees

TD Bank Group will offer eligible employees a 3% increase to their base pay or a one-time cash reward effective July 1, Chief Executive Officer Bharat Masrani said in an internal memo on Wednesday.

newspaper

13-04-2022

Reliance explores bid for Walgreens' Boots business - Bloomberg News

(Reuters) -India's Reliance Industries is exploring a bid for drug retailer Walgreens Boots Alliance's UK-based Boots business, Bloomberg News reported on Wednesday, citing people familiar with the matter.

newspaper

13-04-2022

Rent the Runway reports quarterly revenue above estimates

Rent the Runway on Wednesday reported a 91% jump in fourth-quarter revenue, beating Wall Street estimates.

newspaper

13-04-2022

Argentina inflation surges to decades-high in March, sapping spending power

BUENOS AIRES (Reuters) -Argentina's monthly inflation rate soared to 6.7% in March, the government said on Wednesday, far above forecasts and the highest level in two decades as spiraling food and fuel prices dent the value of salaries and savings.

newspaper

13-04-2022

U.S. dollar drops, euro rises as markets look to ECB

The U.S. dollar eased back from a nearly two-year high on Wednesday as the euro reversed course and turned positive ahead of a policy-setting meeting at the European Central Bank on Thursday.

newspaper

13-04-2022

Brazil's Ambev CEO sees a good 2022 for beer sector

SAO PAULO (Reuters) -Brazilian brewer Ambev SA should have a good year in terms of beer demand in Brazil, its Chief Executive Jean Jereissati Neto said on Wednesday.

newspaper

13-04-2022