CARBIS BAY, England (Reuters) -The United States and other Group of Seven nations are considering reallocating $100 billion from the International Monetary Fund’s warchest to help countries struggling to cope with the COVID-19...
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Analysis: Remittance firms slow to add bitcoin, despite El Salvador move
By Tom Arnold and Tom Wilson LONDON (Reuters) – El Salvador may be touting bitcoin’s use to help its citizens living abroad send funds back home, but the biggest remittance firms are cautious about offering cryptocurrency...
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South African government sells majority stake in airline SAA to consortium
By Nqobile Dludla JOHANNESBURG (Reuters) -The South African government is selling a 51% stake in South African Airways (SAA) to Takatso consortium, which will initially commit more than 3 billion rand ($221 million) to give the struggling...
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Indonesia, South Africa, Mexico back G7 global tax reform proposal
BERLIN (Reuters) – The Indonesian, South African and Mexican finance ministers expressed support on Thursday for an overhaul of international tax rules to make companies pay their fair share in a more globalised and digitalised...
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CEOs and investors push world leaders for stronger climate action
By Simon Jessop LONDON (Reuters) – A group of 79 company bosses and investors managing $41 trillion issued separate calls on Thursday for world leaders to accelerate action on climate change by enacting more ambitious policies in...
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How global central banks are leaning as Fed taper talk grows
TOKYO (Reuters) -While the U.S. Federal Reserve is publicly committed to keeping interest rates near zero for some time, there are growing expectations that accelerating inflation could pressure the central bank to begin seriously...
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