Uncategorized

(Reuters) – The International Monetary Fund (IMF) on Thursday approved over $1.7 billion in funds for Jamaica to help it insure against higher inflation, tighter fiscal conditions, possible COVID outbreaks and climate change. The IMF said in a statement its executive board had approved Jamaica’s request for some $968 million under a Precautionary and Liquidity Line (PLL) deal and about $764 million under the newly created Resilience and Sustainability Facility […]

LONDON (Reuters) – The new visa system put in place after Brexit is a contributory factor to Premier League clubs spending record sums on transfer fees as they find it more difficult to sign players at a younger age, the league’s chief executive Richard Masters said on Thursday. A UEFA report published last month showed the January transfer window was dominated by English clubs who spent a total of 830 […]

BUENOS AIRES (Reuters) – Two people on motorcycles shot at a supermarket belonging to the family of Antonela Roccuzzo, wife of Lionel Messi, in Rosario, in Argentina’s Santa Fe province early on Thursday morning, local media and the city’s mayor reported. A threatening hand-written message for 35-year-old Messi, Argentina’s captain and seven-times World Player of the Year, was also left on the shop door. “Messi, we are waiting for you, […]

WASHINGTON (Reuters) – The impact of higher U.S. interest rates on the economy may only begin to “bite” in earnest this spring, an argument for the Federal Reserve to stick with “steady” quarter-point rate increases for now, Atlanta Federal Reserve President Raphael Bostic said on Thursday. “I am still very much of a mindset that slow and steady is going to be the appropriate course of action,” Bostic said in […]

(Reuters) – Ford Motor Co on Thursday launched a new automated driving system subsidiary, Latitude AI, months after winding down operations of its former self-driving technology unit Argo AI. Carmakers including Mercedes-Benz have ramped up their investments towards integrating more software and autonomous tech in vehicles despite some skepticism on the technology. Latitude will expand on the company’s existing BlueCruise technology, which already offers hands-free highway driving on certain models. […]

BUENOS AIRES (Reuters) – Two people on motorcycles shot at a supermarket belonging to the family of Antonela Roccuzzo, wife of Lionel Messi, in Rosario, in Argentina’s Santa Fe province early on Thursday morning, local media and the city’s mayor reported. A threatening hand-written message for 35-year-old Messi, Argentina’s captain and seven-times World Player of the Year, was also left on the shop door. “Messi, we are waiting for you, […]

(Reuters) – A Russian regional politician will appear in court next week to face accusations that he discredited the armed forces by posting a video of himself listening to President Vladimir Putin’s state of the nation speech with spaghetti draped over his ear. The video referred to the Russian saying that when noodles have been hung on someone’s ear, that person has been strung along or deceived. Mikhail Abdalkin, a […]

By Milana Vinn NEW YORK (Reuters) -OneSpan Inc, a U.S. cybersecurity tools vendor that has become the target of activist hedge funds such as Legion Partners Asset Management, is exploring options that include a sale of the company, people familiar with the matter said. OneSpan is working with investment bank Evercore Inc on a sale process that could attract interest from other companies and private equity firms, the sources said, […]

By Lawrence Delevingne and Marc Jones (Reuters) -Global stock markets were mixed on Thursday, as investors weighed indicators of economic strength with rising bond market costs and expectations of more global interest rate hikes. After initially sagging, European shares rose 0.5%as euro zone inflation numbers justified what is widely expected to be another 50 basis point hike in the European Central Bank’s already decade-high rates this month. Consumer price inflation […]