ZURICH (Reuters) -A group of Credit Suisse AT1 bondholders has filed a class action suit accusing former executives at the […]
Banxico keeps interest rate at 11.25%, will hold for ‘extended period’
By Brendan O’Boyle and Isabel Woodford MEXICO CITY (Reuters) -The Bank of Mexico maintained its benchmark interest at 11.25% on […]
US to launch working group on generative AI, address its risks
WASHINGTON (Reuters) – A U.S. agency will launch a public working group on generative artificial intelligence (AI) to help address […]
Mexico’s ‘super peso’ keeps gaining, but exports will likely suffer
By Noe Torres MEXICO CITY (Reuters) – Mexico’s peso currency has reached its highest value versus the U.S. dollar in […]
Meta’s Oversight Board asks Facebook owner to evaluate election integrity efforts
(Reuters) – Meta Platforms’ Oversight Board has asked the social media firm to evaluate efforts to prevent promotion of political […]
No breakthrough as EU’s Borrell holds crisis talks with Kosovo, Serbia leaders
BRUSSELS (Reuters) – EU foreign policy chief Josep Borrell proposed steps to end weeks of violence in predominantly Serb areas […]
Bankrupt Vice Media plans sale to Fortress Investment-led group
By Yuvraj Malik (Reuters) -A group of buyers including Fortress Investment Group may take over Vice Media after the consortium’s $225-million […]
Fed, ECB may slash bank reserves by 90% in new era of high rates – paper
FRANKFURT (Reuters) – The Federal Reserve and the European Central Bank may mop up as much as 90% of the […]
Brazil’s Americanas rushes to produce new financials, strike deal with debt holders
By Carolina Pulice MEXICO CITY (Reuters) – Brazilian retailer Americanas SA is scrambling to finalize its fourth-quarter income statement even […]