Indonesia’s Prabowo weighs former minister, regulator chief for finance job, sources say
By Ananda Teresia and Stefanno Sulaiman JAKARTA (Reuters) – Indonesian financial regulator Mahendra Siregar and former finance minister Chatib Basri are among the top choices Prabowo Subianto is considering for the role…
Colombia will export fossil fuels for a long time -finance minister
By Rodrigo Campos and Nelson Bocanegra NEW YORK (Reuters) – Colombia will continue to extract fossil fuels for “much longer” until it has other exports to replace that revenue, while considering diversifying…
Visa names EA’s Chris Suh as finance chief
(Reuters) -Visa has hired Chris Suh, the finance chief at Electronic Arts and a former executive at Microsoft, as its new CFO, the payments processor said on Tuesday. Suh is departing the…
Macron’s Paris summit seeks new life for global finance agenda
By Leigh Thomas and Simon Jessop PARIS (Reuters) – French President Emmanuel Macron hosts a summit on Thursday and Friday to pin down a roadmap for easing the debt burdens of low-income…
Canada finance minister: Stellantis investment ‘is coming’
OTTAWA (Reuters) – Canada, which has been renegotiating its support for a Stellantis-LGES electric vehicle battery plant, is confident that the investment is good for the country and “is coming,” Finance Minister…
France’s Finance Minister pledges renewed push to cut public spending -FT
(Reuters) – French Finance Minister Bruno Le Maire will take a more stringent approach to public finances, he told the Financial Times ahead of a June 19 conference expected to unveil large…
Verizon searching for new finance chief and potential CEO successor – WSJ
(Reuters) – Verizon Communications is searching for a new finance chief and looking for potential candidates to later succeed CEO Hans Vestberg, the Wall Street Journal reported on Monday citing people familiar…
German finance ministry steps up 2024 budget pressure on ministries
BERLIN (Reuters) – Germany’s Finance Ministry has informed the other ministries of what budget funds will be available to them next year, it said on Friday, stepping up the pressure in what…
French finance minister sticks to 1% growth outlook despite risks
PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Wednesday he was sticking to a forecast of 1% economic growth this year despite numerous risks to the outlook while a…
Brazil’s new fiscal rules stricter than they look, finance ministry official says
BRASILIA (Reuters) – Brazil’s newly introduced fiscal framework is stricter than they appear and will require a discussion of important spending cuts, Gabriel Galipolo, the executive secretary of the Finance Ministry, said…
Japan finance minister Suzuki: Must maintain yen credibility in guiding fiscal policy
TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki on Tuesday said he must guide fiscal policy based on common international understanding as global economic and financial situations change greatly. Suzuki told reporters…
Thai economy resilient, on path to full recovery – Finance Minister
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy is on a solid path to recovery and showing resiliency, helped by good revenue collection and a normalisation of its tourism…
Brazil’s finance ministry lifts 2024 inflation estimate
BRASILIA (Reuters) – Brazil’s finance ministry on Tuesday lifted its 2024 inflation forecast to 3.63%, from 3.52%, and kept its estimate for growth in Latin America’s largest economy unchanged at 2.3%. The…
UK finance minister to meet food manufacturers to discuss high prices
LONDON (Reuters) – British Finance Minister Jeremy Hunt plans to raise concerns about the surge in food prices and discuss ways to ease the strain on families when he meets food manufacturers…
Timeline of Brazil’s inflation target to be discussed with Lula, says finance minister
SAO PAULO (Reuters) – Brazilian Finance Minister Fernando Haddad said on Friday that a change in the timeline for meeting the inflation target will be discussed with President Luiz Inacio Lula da…
Ghana receives first $600 million tranche of $3 billion IMF loan -Ghana’s finance minister
JOHANNESBURG (Reuters) – Ghana’s Finance Minister Ken Ofori-Atta said on Friday that the first $600 million tranche of a $3 billion, three-year extended credit facility has been received. The funds will be…
Brazil’s finance minister signals potential change to inflation target timeline
BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad on Thursday suggested that the country’s new government is looking at adjusting the timeline for achieving its inflation target. He said in an interview…
Snap Finance LLC to Pay $11.4 Million in Settlement Over Deceptive Practices
HARRISBURG, PA – Pennsylvania Attorney General Michelle Henry announced on Monday a settlement with Snap Finance LLC and its affiliates amounting to $11.4 million. The settlement follows allegations that the lending company…
China’s rising clout spotlighted at finance chief meetings before G7 summit
By Tetsushi Kajimoto TOKYO (Reuters) – The weekend gathering of finance chiefs from the Group of Seven (G7) advanced economies did not single out China as a threat in their communique, but…
Germany finance minister urges “grown-up” decision on U.S. debt ceiling
NIIGATA, Japan (Reuters) – German Finance Minister Christian Lindner on Friday said he hoped politicians in the United States would come to a “grown-up” decision on talks to raise the federal debt…
China’s JD.com promotes finance chief to CEO role as Xu Lei resigns
(Reuters) -China’s e-commerce giant JD.com Inc said on Thursday its chief executive Xu Lei will step down, with the company’s chief financial officer taking on the role. Xu Lei, who has officially…
BOJ’s Ueda: G7 finance chiefs to debate financial system risks
By Leika Kihara NIIGATA, Japan (Reuters) – Calm has returned to the global financial system after the recent failure of several U.S. banks, but Group of Seven (G7) finance leaders will communicate…
Analysis-UK finance bosses press to revive London’s allure
By Sinead Cruise and Iain Withers LONDON (Reuters) – Some of Britain’s top finance executives, fearful London is losing out to New York and rival European cities, are pressing the government to…
Microsoft helping finance AMD’s expansion into AI chips – Bloomberg News
(Reuters) – Microsoft Corp is working with Advanced Micro Devices Inc on the chipmaker’s expansion into artificial intelligence processors, Bloomberg News reported on Thursday, citing people with knowledge of the matter. The…
Yellen to travel to Japan for G7 finance ministers meeting
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to Niigata, Japan next week to participate in the Group of Seven (G7) finance ministers and central bank governors…
German finance minister rejects industrial power price plan -Handelsblatt
BERLIN (Reuters) – German Finance Minister Christian Lindner on Tuesday rejected a plan by Economy Minister Robert Habeck to introduce an industrial electricity price. Such a move would be “economically unwise” and…
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