TORONTO (Reuters) – Canadian economic activity expanded at a faster pace in March as employment and inventories both climbed, Ivey Purchasing Managers Index (PMI) data showed on Thursday. The seasonally adjusted index rose to 58.2 from 51.6 in February. The Ivey PMI measures the month to month variation in economic activity as indicated by a …
Canada’s Ivey PMI shows activity accelerating in March Read More »
WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Thursday said the global economy faced increased downside risks following recent bank failures in Switzerland and United States that exposed financial risks. Georgieva called on policymakers to carefully balance the fight against persistent inflation with managing risks in the financial sector. But she had …
Georgieva says downside risks have increased for global economy Read More »
By Dave Sherwood HAVANA (Reuters) – U.S. venture capitalist Stacey Brandhorst has traveled Latin America giving advice to fledgling entrepreneurs. But communist-run Cuba, she says, is a tough nut to crack. “Being an entrepreneur is one thing, but (being one) in Cuba is entirely another,” she recently told a group of around 50 Cubans in …
In pioneering workshops, U.S. trains Cuban entrepreneurs to do business Read More »
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -The Canadian economy added more jobs than expected in March and the unemployment rate remained near a record low for a fourth straight month, data on Thursday showed, a sign of economic resilience ahead of a central bank policy meeting next week. The economy gained a net …
Canada’s jobs market stays strong ahead of central bank rate decision Read More »
By John Kruzel (Reuters) – An Oklahoma school board is set to consider next week whether to approve the first taxpayer-funded religious charter school in the United States in a move that follows recent U.S. Supreme Court rulings expanding religious rights. Supporters and critics of the proposed St. Isidore of Seville Catholic Virtual School have …
Oklahoma eyes first US religious charter school after Supreme Court rulings Read More »
(This April 5 story has been refiled to fix a typo in paragraph 6) By Sarah N. Lynch and Nate Raymond (Reuters) – The U.S. Sentencing Commission approved new guidelines on Wednesday that will expand federal inmates’ ability to qualify for compassionate release from prison. The new policy, approved in a vote of 4-3, was …
U.S. panel votes to expand compassionate release for prisoners Read More »
By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Complaints from consumers about banks and other financial firms in Germany rose by a fifth last year, official data shows, as regulators flex their muscles to shore up trust in the sector. BaFin, Germany’s financial watchdog, has been increasing its focus on consumer protection in the …
Exclusive-German banks hit by wave of complaints from savers Read More »
By Ahmed Aboulenein WASHINGTON (Reuters) – A federal judge in Texas could soon order the U.S. Food and Drug Administration to withdraw its approval of abortion pill mifepristone, a move that if allowed to stand could severely undermine the agency, health policy and legal experts said. The closely followed case could potentially lead to a …
Analysis-Texas abortion pill ruling could disrupt U.S. drug oversight Read More »
By Tyler Clifford, Heather Timmons and Trevor Hunnicutt NEW YORK (Reuters) – Former U.S. President Donald Trump’s surrender on criminal charges Tuesday was marked by clashes between his fans and foes outside a downtown Manhattan courtroom, and a now-familiar cycle of name-calling and outrage from lawmakers and Trump himself. But many Americans who say they …
A wary US watches Trump in criminal court, hoping for justice Read More »
By Brendan O’Brien and Tyler Clifford (Reuters) -Five people were killed in a predawn tornado that ripped through southeastern Missouri on Wednesday, shearing off roofs, splintering trees and taking down power lines in devastated Bollinger County, officials said. First responders from multiple agencies combed through destroyed homes and businesses in the rural area that Missouri …
Tornado kills 5 after tearing through southeastern Missouri Read More »
