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France sees global tax deal in reach after U.S. pledge

FILE PHOTO: French Economy and Finance Minister Bruno Le Maire speaks during a press conference to present the details of new restrictions aimed at curbing the spread of the coronavirus disease (COVID-19), announced the day before by the president, in Paris, France, October 15, 2020. Ludovic Marin/Pool via REUTERS/File Photo April 6, 2021 PARIS (Reuters) […]

What happens when women run the economy? We’re about to find out

FILE PHOTO: U.S. Treasury Secretary Janet Yellen, the former Federal Reserve chair, holds a news conference after a two-day Federal Open Market Committee (FOMC) meeting in Washington, U.S. December 13, 2017. REUTERS/Jonathan Ernst/File Photo April 6, 2021 By Andrea Shalal WASHINGTON (Reuters) – Women now hold many of the jobs controlling the world’s largest economy […]

Foreign tourism to Spain slumps 93.6% in February amid COVID curbs

FILE PHOTO: A person teaches surfing to children at Barceloneta beach, amid the coronavirus disease (COVID-19) outbreak, in Barcelona, Spain April 3, 2021. REUTERS/Nacho Doce/File Photo April 6, 2021 By Emma Pinedo and Aida Pelaez-Fernandez MADRID (Reuters) – Tourist arrivals to Spain plummeted 93.6% year-on-year in February as visitors stayed away from bars and beaches […]

Get your COVID relief exit plan ready, regulator tells the G20

FILE PHOTO: Banknotes of Euro, Hong Kong dollar, U.S. dollar, Japanese yen, GB pound and Chinese 100 yuan are seen in this picture illustration, in Beijing, China, January 21, 2016. REUTERS/Jason Lee/File Photo April 6, 2021 By Huw Jones LONDON (Reuters) – While ending COVID economic relief measures too soon would present more of a […]

Take Five: Quarter-end tug of war

March 26, 2021 LONDON (Reuters) – 1/ GOODBYE, Q1 A new U.S. president, the selection of the candidate who might be Germany’s next leader, a $1.7 trillion rise in the value of global equities, amateur traders taking on seasoned hedge funds and digital art selling for millions of dollars. It’s been an eventful quarter. Brent […]

EU watchdog proposes strengthening money market defences

FILE PHOTO: George Washington is seen with printed medical masks on the one Dollar near Euro banknotes in this illustration taken, March 31, 2020. REUTERS/Dado Ruvic/Illustration March 26, 2021 By Huw Jones LONDON (Reuters) – The European Union’s securities watchdog has proposed reforms to bolster the resilience of the bloc’s 1.44 trillion euro ($1.70 trillion) […]

Bank of England urges banks to keep the lending taps open

FILE PHOTO: The Bank of England and Royal Exchange in London, Britain, November 19, 2020. REUTERS/Simon Dawson March 26, 2021 By Huw Jones and William Schomberg LONDON (Reuters) – The Bank of England called on lenders on Friday to provide enough credit to companies to see them through the coronavirus crisis as the government closes […]

Exclusive: Democratic lawmakers urge Biden to set tough vehicle emissions rules – letters

FILE PHOTO: Morning traffic drives on the 405 freeway in Los Angeles, California, U.S., November 12, 2019. REUTERS/Lucy Nicholson March 24, 2021 By David Shepardson WASHINGTON (Reuters) – Two groups of U.S. Democratic lawmakers on Wednesday urged President Joe Biden to reinstate tough Obama-era vehicle emissions standards through 2025 and do more to shift the […]

Weather slams U.S. business equipment spending; supply disruptions weigh

FILE PHOTO: An operator stacks heavy gauge steel brace used for industrial workbench leg at Tennsco’s factory in Dickson, Tennessee, U.S. February 17, 2021. Tennsco/Handout via REUTERS March 24, 2021 By Lucia Mutikani WASHINGTON (Reuters) -New orders for key U.S.-made capital goods and shipments unexpectedly fell in February after nine straight monthly increases, but a […]

U.S. factory activity picks up in March; cost pressures building – IHS Markit

FILE PHOTO: An employee works at the Kirsh Foundry in Beaver Dam, Wisconsin, U.S., April 12, 2018. REUTERS/Timothy Aeppel March 24, 2021 By Lucia Mutikani WASHINGTON (Reuters) – U.S. factory activity picked up in early March amid strong growth in new orders, but supply chain disruptions because of the COVID-19 pandemic continued to exert cost […]