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…
Swedish economy heading for ‘tough winter’, new finance minister says
By Johan Ahlander and Anna Ringstrom STOCKHOLM (Reuters) -The Swedish economy is heading into a recession next year, driven by rampant inflation and the war in Ukraine, the country’s new finance minister…
Mexico’s Q3 economic activity points to 2.4% annual growth -finance ministry
MEXICO CITY (Reuters) – Mexico’s economic activity indicators in the third quarter point to economic growth in line with forecasts of 2.4% annual growth in 2022, the country’s finance ministry said on…
Exclusive-Russia’s finance ministry cuts 2023 taxable oil expectations
MOSCOW (Reuters) – Russia’s finance ministry has significantly cut expectations of taxable oil production for 2023, according to the draft budget for the next three years, in the expectation Western sanctions will…
Colombia’s finance minister asks central bank to discuss futures markets liquidity
BOGOTA (Reuters) – Colombian Finance Minister Jose Antonio Ocampo has asked the country’s central bank to discuss liquidity in futures markets in its monthly meeting this Friday, he said on Wednesday, at…
Faraday Future names ex-Romeo Power executive as interim finance chief
(Reuters) – Electric vehicle startup Faraday Future Intelligent Electric Inc on Wednesday named Yun Han as its interim finance chief and accounting head, replacing Becky Roof who resigned earlier this month. Han…
UK finance minister Hunt tells Bailey he reaffirms BoE independence
LONDON (Reuters) – British finance minister Jeremy Hunt met Bank of England Governor Andrew Bailey on Tuesday and reaffirmed his commitment to the central bank’s independence and its inflation target, the Treasury…
UK finance minister Hunt: ‘Time for honesty’ about economic challenges
LONDON (Reuters) – British finance minister Jeremy Hunt said on Monday it was time for “honesty” about the economic challenges facing the country as he congratulated Rishi Sunak on becoming the next…
Fransmart Brand Leaders to Share Secrets to Their Success at Restaurant Finance & Development Conference
Jon Taffer, founder of Taffer’s Tavern The global leader in franchise development is highlighting its impressive roster of restaurant industry experts at the premier financial event Las Vegas, NV (-) Fransmart, the…
UK finance minister Hunt: We will put public finances on sustainable path
LONDON (Reuters) – British finance minister Jeremy Hunt reiterated on Friday that the government will do “whatever is necessary to get drive down debt in the medium term,” responding to the latest…
Japan’s finance minister vows ‘appropriate steps’ to tackle volatile yen moves
TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Thursday the government will continue to take appropriate steps against excessive currency market volatility. “We absolutely cannot tolerate excessively volatile moves driven…
Nashville Social Club Owner Pleads Guilty To Crime Involving Campaign Finance Scheme
NASHVILLE – A Nashville, Tennessee man pleaded guilty today to violating campaign finance laws to benefit Tennessee State Senator Brian Kelsey’s 2016 campaign for U.S. Congress. According to court documents, Joshua Smith,…
Canada working on measures in response to U.S. inflation act -finance minister
(Reuters) – Canada Finance Minister Chrystia Freeland said on Wednesday the U.S. Inflation Reduction Act impacts Canada and that Ottawa was working on new measures to respond to the legislation. “You will…
Thai growth could reach 3.5% this year, needs gradual rate hikes – Finance Minister
By Orathai Sriring and Chayut Setboonsarng BANGKOK (Reuters) – Thailand should see economic growth of 3.0%-3.5% this year, driven by its key export and tourism sectors, a recovery that is best supported…
UK finance minister says will prioritise “help for most vulnerable” as inflation rises
LONDON (Reuters) – British finance minister Jeremy Hunt said on Wednesday that the government will prioritise help for the most vulnerable as latest data showed that the annual rate of consumer price…
Canada’s CIBC adds former finance minister Morneau to board
(Reuters) – Canadian Imperial Bank of Commerce said on Tuesday the country’s former finance minister, Bill Morneau, will join its board of directors effective Nov 1. Morneau served as Canada’s minister of…
UK finance minister Hunt reverses most of ‘mini-budget’
LONDON (Reuters) – British finance minister Jeremy Hunt on Monday tore up almost all parts of Prime Minister Liz Truss’s proposed tax cuts, saying the measures would help the government raise around…
Egypt nears staff-level agreement with IMF on terms of its programme -finance minister
(Reuters) -Egypt has finalised a staff-level agreement with the international monetary fund (IMF) on the components of its programme, and will issue an announcement “very soon,” the country’s finance minister said on…
UK PM Liz Truss is in charge, says her new finance minister
LONDON (Reuters) – British Prime Minister Liz Truss is in charge of the government, her newly appointed finance minister Jeremy Hunt said, rejecting the idea that the party should replace her after…
Growth push went ‘too far, too fast’, says UK finance minister Hunt
LONDON (Reuters) – Britain’s new finance minister Jeremy Hunt said the government had gone “too far, too fast” in its drive for growth after Prime Minister Liz Truss was forced to fire…
Zambia finance minister eager to renegotiate debt, awaits China’s team
By Jorgelina do Rosario and Rachel Savage WASHINGTON/JOHANNESBURG (Reuters) – Zambia’s finance minister said on Saturday it is still unclear who will be leading talks for renegotiating its nearly $6 billion debt…
Zimbabwe engaging with World Bank, IMF on clearing IFI debt, says finance minister
JOHANNESBURG (Reuters) – Zimbabwe is engaging with the World Bank and International Monetary Fund on how to clear its debts with international financial institutions, finance minister Mthuli Ncube said at an IMF…
Zambia in touch with China, other creditors, finance minister says
JOHANNESBURG (Reuters) – Zambia remains in touch with China and all its other creditors as it continues to negotiate a debt restructuring, finance minister Situmbeko Musokotwane said at an International Monetary Fund…
Global finance leaders single out China as barrier to faster debt relief
By Andrea Shalal and Jorgelina do Rosario WASHINGTON (Reuters) – Western countries this week ratcheted up their criticism of China, the world’s largest bilateral creditor, as the main obstacle to moving ahead…
Jeremy Hunt replaces Kwarteng as Britain’s finance minister
LONDON (Reuters) -Former foreign minister Jeremy Hunt has been appointed Britain’s finance minister, Prime Minister Liz Truss’s office said on Friday, following Kwasi Kwarteng’s resignation from the post after less than six…
Spanish Finance Minister Calvino says drop in inflation is accelerating
By Andrea Shalal WASHINGTON (Reuters) – Spanish Finance Minister Nadia Calvino welcomed news on Friday that Spain’s inflation rate had dropped below 9%, and said she hoped the trend would continue. “We…
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