Economic News

By Jorgelina do Rosario and Joe Bavier WASHINGTON (Reuters) – Kenya expects at least $1.2 billion in financing inflows between April and May and is in talks for new funding from the International Monetary Fund (IMF) to support falling foreign exchange reserves, its central bank governor

By Alexander Tanas CHISINAU (Reuters) – Moldova needs 250 million euros ($275 million) to modernise its armed forces following Russia’s invasion of neighbouring Ukraine last year, a senior defence official in the pro-Western country said on Wednesday.

By Christian Kraemer WASHINGTON (Reuters) – G7 finance leaders pledged on Wednesday to take action to maintain the stability of the global financial system after recent banking turmoil and to give low- and middle-income countries a bigger role in diversifying supply chains to make them more

TOKYO (Reuters) – The Japanese government lifted an evacuation order for residents of the northern island of Hokkaido, saying an emergency warning system erroneously predicted that a missile launched from North Korea would fall near the island.

By Jonathan Stempel (Reuters) – A federal appeals court on Wednesday said Louisiana can enforce a state law forbidding companies from using meat-like terms when selling plant-based food, reversing a lower court ruling in a case brought by the maker of Tofurky.

By Leika Kihara and David Lawder WASHINGTON (Reuters) – Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank must pay more attention to the risk of failing to meet its 2% inflation target with premature monetary tightening, rather than being behind the curve

By David Shepardson WASHINGTON (Reuters) – The Biden administration’s proposal on Wednesday to sharply cut tailpipe emissions and vehicle pollutants is on a fast track as the future of U.S. auto production could become a presidential campaign issue next year.

By Dawn Chmielewski -Warner Bros Discovery Inc said on Wednesday it will launch on May 23 its long-awaited new streaming service, christened “Max”, which combines HBO Max’s scripted entertainment with Discovery’s reality shows.

RIYADH (Reuters) – Syria’s Foreign Minister Faisal Mekdad arrived in Saudi Arabia on Wednesday, state media said, in a major signal that Syria’s decade-long regional isolation is nearing an end.

WASHINGTON (Reuters) – The United States on Wednesday imposed sanctions on dozens of people and entities as it cracks down on Russia over its war in Ukraine, targeting a private military company, a China-based firm and entities linked to state-owned nuclear energy company Rosatom.

(Reuters) – Louisville will hold a vigil on Wednesday for those who were killed and wounded in this week’s shooting at a downtown bank by an employee who his family said suffered from mental health issues they had been “actively addressing” before his rampage.

By Tom Wilson (Reuters) – The software that underpins the second-biggest crypto coin ether is due for a software upgrade on Wednesday that will give investors access to more than $30 billion of the digital tokens.

LONDON (Reuters) – Britain is ready to provide an extra $500 million of loan guarantees to Ukraine, taking the total this year to $1 billion, British finance minister Jeremy Hunt said on Wednesday.

KYIV (Reuters) – Ukraine’s military rejected as untrue a Russian claim to have captured more than 80% of the city of Bakhmut and said on Wednesday that Kyiv’s forces controlled “considerably” more than 20% of it in the east.

By Ahmed Aboulenein WASHINGTON (Reuters) – The U.S. government aims to publish the final guidance for its Medicare drug price negotiation program in early July and is currently talking to companies about its contents, a top health official said on Wednesday.

By Tom Hals WILMINGTON, Delaware (Reuters) – The U.S. Justice Department is racing this week to convince a federal appeals court, or possibly the U.S. Supreme Court, to put on hold a judge’s order suspending the government’s approval of the abortion pill mifepristone, which is used

(Reuters) – Brazil could fine or suspend social media companies that do not effectively regulate content related to school violence, Justice Minister Flavio Dino said on Wednesday.

(Reuters) -American Airlines Group Inc on Wednesday forecast a lower-than-expected profit for the first quarter as the carrier battles high fuel costs.

By Bianca Flowers (Reuters) – Colorado farmers will be able to legally fix their own equipment next year, with manufacturers like Deere & Co obliged to provide them with manuals for diagnostic software and other aids, under a measure passed by legislators in the first U.S.

PRAGUE (Reuters) – The Czech National Bank (CNB) should not cut interest rates until inflation is clearly lower as rates need to stay higher for longer to slow price growth, central bank board member Jan Prochazka was quoted as saying.