Italy's 5-Star Movement will hold an online ballot of its members to decide whether to back a Mario Draghi government only after the Prime Minister-designate outlines an agenda, the group's leader Vito Crimi said on Wednesday.
Asian stocks hit a record high on Wednesday as upbeat earnings, hopes of a large U.S. fiscal stimulus and a prolonged period of low interest rates fanned optimism about a global recovery from the pandemic.
Oil giants Exxon Mobil and Chevron have discussed merging. In the fantasy M&A game, Exxon could in theory buy Chevron at a premium, mostly for stock. But Darren Woods may not be investors’ preferred leader for the combined group. Chevron buying Exxon might bring the right.
French power group EDF said on Wednesday it could double its growth target for renewable energy and become a European champion in the field provided a planned re-organisation, code-named Hercules, can get the go-ahead.
By Reuters Staff
1 Min Read
SAO PAULO, Feb 9 (Reuters) - Credit and debit card transactions in Brazil are likely to grow between 18% and 20% in 2021, reaching 2.38 trillion reais ($442.90 billion), industry group Abecs said on Tuesday.
Last year, card payments grew by 8,2%, mainly boosted by the government cash aid program paid to low income individuals to help weather the impacts of the pandemic.
If Brazil’s government decides to re-launch the cash aid program, Abecs head Pedro Coutinho estimates that card transactions could rise additional 10 to 12 billion reais this year.
$1 = 5.3737 reais Reporting by Aluisio Alves, writing by Carolina Mandl; Editing by David Gregorio