France to push for rights sanctions in EU recovery plan: minister to FT

Economy12 hours ago (Aug 02, 2020 03:50PM ET) (C) Reuters. Weekly cabinet meeting in Paris (Reuters) – France will push for financial sanctions under the EU’s 750 billion euro ($880 billion) coronavirus recovery fund against states that undermine fundamental human rights, its junior European affairs minister told the Financial Times newspaper https://on.ft.com/33iEmzj. “(We can’t tell) […]

Genoa’s new bridge puts spotlight on how Italy can manage recovery

Economy12 hours ago (Aug 02, 2020 03:25PM ET) 2/2 (C) Reuters. Static testing operations on the new Genoa bridge 2/2 By Francesca Landini and James Mackenzie MILAN (Reuters) – Just two years after part of Genoa’s Morandi bridge collapsed killing 43 people, a new structure opens in its place on Monday, an achievement in stark […]

Fed’s Kashkari Urges Congress to Act, Suggests Fresh Lockdown

Forex15 hours ago (Aug 02, 2020 12:54PM ET) (C) Bloomberg. Neel Kashkari, president and chief executive officer of the Federal Reserve Bank of Minneapolis, speaks during a presentation at the National Association for Business Economics economic policy conference in Washington, D.C., U.S., on Monday, March 6, 2017. Kashkari spoke about the impact of banking regulation, […]

U.S. companies leap over low profit hurdle in coronavirus-hit quarter

Coronavirus16 hours ago (Aug 02, 2020 12:35PM ET) (C) Reuters. FILE PHOTO: George Washington is seen with printed medical mask on the one Dollar banknotes in this illustration taken By Caroline Valetkevitch NEW YORK (Reuters) – A record high percentage of U.S. companies are beating analysts’ forecasts this earnings season, giving investors a glimmer of […]

Argentina creditors seek global support for bond clause changes

Economy17 hours ago (Aug 02, 2020 11:55AM ET) (C) Reuters. A pedestrian wearing a face mask walks past posters on the street that read “No to the payment of the debt. Break with the IMF”, in Buenos Aires By Rodrigo Campos and Tom Arnold NEW YORK/LONDON (Reuters) – A group of Argentina’s creditors has contacted […]

White House says not optimistic on near-term deal for coronavirus relief bill

Coronavirus17 hours ago (Aug 02, 2020 11:45AM ET) (C) Reuters. Police officers wearing face masks guard the U.S. Capitol Building in Washington By Doina Chiacu and Tim Ahmann WASHINGTON (Reuters) – White House Chief of Staff Mark Meadows said on Sunday he was not optimistic on reaching agreement soon on a deal for the next […]