The release of U.S. President Joe Biden's first budget proposal in office will be delayed, due to "intransigence" on the part of the former Trump administration, the White House said on Wednesday, declining to offer a timeline for issuing the document.
DTEK Energy, a division of Ukraine's largest private power producer DTEK, plans to swap its $1.67 billion debt for new Eurobonds, the parent company's chief executive Maxim Timchenko said on Wednesday.
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NEW YORK (Reuters) - MSCI’s gauge of stocks across the globe rose on Wednesday for an eighth straight session even as the S&P 500 eased, and U.S. Treasury yields tumbled on data showing inflation remained tame in January.
FILE PHOTO: A trader at the New York Stock Exchange works as markets continue to react to the coronavirus disease (COVID-19) inside of the NYSE in New York, U.S., March 18, 2020. REUTERS/Lucas Jackson
U.S. Federal Reserve Chair Jerome Powell, in remarks to the Economic Club of New York, called for a more comprehensive approach to end the jobs crisis while reassuring investors interest rates will remain low to spur the economy and jobs growth.
Ecuador's government has introduced a bill to the National Assembly that would bar the country's central bank from using its international reserves to finance public spending, a change recommended by the International Monetary Fund (IMF).