News
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Brazil raises $2.25 billion in dollar bond sale, including new sustainable notes
By Marcela Ayres and Bernardo Caram BRASILIA, Nov 6 (Reuters) - Brazil raised $2.25 billion on Thursday in a new dollar bond sale, its fourth international market operation this year, including sustainable notes as it hosts world leaders for the United Nations climate summit.According to a source...Reuters
Thu, Nov 6
Home Depot's ban on Black Lives Matter apron was legal, US court says
By Daniel Wiessner Nov 6 (Reuters) - A U.S. appeals court on Thursday said Home Depot did not violate the legal rights of workers at a Minnesota store when it barred them from writing "BLM" on their uniforms in support of the Black Lives Matter movement.The St. Louis-based 8th U.S. Circui...Reuters
Thu, Nov 6
IMF official hopes to finalise Senegal lending programme soon
IMF official says talks to continue in coming weeksPrevious programme frozen after new government found hidden debtThat debt has since ballooned to more than $11 billion By Portia Crowe and Libby GeorgeNov 6 (Reuters) - An International Monetary Fund official said its mission to Senegal had concl...Reuters
Thu, Nov 6
What to Watch in the Day Ahead - Friday, November 7
On the U.S. economic calendar, the University of Michigan's preliminary consumer sentiment index for November is forecast to ease to 53.2 from 53.6 in the prior month. Additionally, the Federal Reserve's consumer credit data for September is expected to show an increase of $10.00 billion, fo...Reuters
Thu, Nov 6
US holiday sales set to top $1 trillion for the first time, NRF forecasts
By Neil J Kanatt Nov 6 (Reuters) - U.S. holiday sales are expected to surpass $1 trillion for the first time, the National Retail Federation said on Thursday, though growth is forecast to slow as economic pressures weigh on consumer sentiment. The holiday season includes major shopping days ...Reuters
Thu, Nov 6
30 years of climate talks: Progress, pitfalls and a planet in peril
Global emissions are up 34% since the first climate conferenceThe market for solar panels and EVs has grown - but so has fossil fuel useUN climate negotiations are bogged down by bureaucratic inertia, some critics sayBy Valerie Volcovici and Richard ValdmanisNov 6 (Reuters) - As leaders gather for t...Reuters
Thu, Nov 6
Brazil's trade surplus boosted in October by exports of key commodities
BRASILIA, Nov 6 (Reuters) - Brazil's trade surplus jumped 70.2% in October from the same month last year, official data showed on Thursday, beating economists' estimates. Latin America's largest economy posted a $7 billion trade surplus for October, above the $6.2 billion expected by ec...Reuters
Thu, Nov 6
CORRECTED-Fed's Hammack is nervous about Fed policy given high inflation
NEW YORK, Nov 6 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said Thursday she’s concerned monetary policy may not be in the right place to deal with current inflation.“I think we're pretty close to neutral right now, which makes me a little bit nervous, given that I see ...Reuters
Thu, Nov 6
Fed's Hammack said central bank limited in addressing economic bifurcation
NEW YORK, Nov 6 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack acknowledged Thursday that higher and lower income Americans are faring differently in the economy right now, while noting the Fed can’t do much to specifically help those with lower incomes.The economy is being pow...Reuters
Thu, Nov 6
Ontario, hit by US tariffs, cuts deficit forecast and pledges support for businesses
By Fergal Smith TORONTO, Nov 6 (Reuters) - Ontario, whose manufacturing-linked economy has been badly hurt by trade uncertainty, forecast a slightly narrower fiscal deficit than previously expected and said it would increase support for first-time home buyers, a fiscal update showed on Thursday. ...Reuters
Thu, Nov 6
FACTBOX-US holiday sales growth to be muted this year, forecasts show
Nov 6 (Reuters) - U.S. retailers are bracing for a subdued holiday shopping season this year as the economic fallout from President Donald Trump's erratic trade policies leaves shoppers more cautious about buying extravagant gifts.The holiday selling season spans over three months from November ...Reuters
Thu, Nov 6
Fed's independence has global importance, Williams says
Nov 6 (Reuters) - The independence of the Federal Reserve is "incredibly important" not just for the U.S. economy but also for the global economy because it is what allows the U.S. central bank to control inflation without regard to short-term political consequences, New York Fed President J...Reuters
Thu, Nov 6
Ukraine's talks with GDP-linked debt holders break down for second time
By Marc Jones Nov 6 (Reuters) - Talks between Ukraine and holders of its GDP warrants have broken down for a second time in six months, the Kyiv government said on Thursday, adding another delay to its hopes of restructuring the $3.2 billion worth of bond-like instruments."The parties have jo...Reuters
Thu, Nov 6
WRAPUP 1-Private reports suggest US labor market weakened in October
Revelio Labs data shows job losses in October, including in the government sectorAI and cost-cutting drive surge in planned layoffs, Challenger reportsChicago Fed estimates unemployment rate rose to 4.36% in OctoberBy Lucia Mutikani WASHINGTON, Nov 6 (Reuters) - The U.S. economy shed jobs in Octo...Reuters
Thu, Nov 6
Bank of Canada says it will be reducing its workforce by 230 jobs
OTTAWA, Nov 6 (Reuters) - Bank of Canada's Senior Deputy Governor said on Thursday that the central bank will be reducing its workforce by around 230 people as part of a drive to reduce expenses. "We will be reducing our overall expenses by 15%, and part of that will be a reduction in workfo...Reuters
Thu, Nov 6
Ukraine's talks with GDP-linked debt holders break down for second time
Nov 6 (Reuters) - Talks between Ukraine and holders of its GDP warrants have broken down for a second time in six months, the government said on Thursday, adding another delay to its hopes of restructuring the $3.2 billion worth of bond-like instruments."The parties have jointly decided to termi...Reuters
Thu, Nov 6
Fed's Barr: AI effects may be hurting hiring in some sectors
Nov 6 (Reuters) - Federal Reserve Governor Michael Barr on Thursday said the adoption of artificial intelligence tools by employers may be slowing hiring in some sectors.AI may be one of the dynamics that may be affecting the low-hiring part of the low-hire, low-fire job market environment, Barr sai...Reuters
Thu, Nov 6
Fed's Hammack leans against more rate cuts because of high inflation
Cleveland Fed chief says high inflation argues against more rate cutsHammack says monetary policy is barely restrictive, if at allShe expects long process to lower inflation back to 2% target By Michael S. Derby NEW YORK, Nov 6 (Reuters) - Cleveland Federal Reserve President Beth Hammack said on ...Reuters
Thu, Nov 6
