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U.S. to grant PG&E $15 billion for grid upgrades- report

The U.S. Department of Energy is set to provide a record $15 billion loan to California’s PG&E (NYSE:PCG) Corp, according to the…
Stock

South African managers show preference for local equities over S&P 500

In a recent survey conducted by Bank of America (BofA), fund managers in South Africa have shown a preference for South African…
Stock

US stock futures mostly lower; Fed meeting, retail sales in focus

Investing.com– U.S. stock index mostly futures fell Tuesday as investors remained cautious before a Federal Reserve meeting this week, where the central…
Investing

Kroger and Albertsons are spending billions to reward shareholders after their blocked merger

Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with…
Investing

McKinsey & Co. to pay $650M to settle opioid consulting probe, ex-partner to plead guilty

McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work…
Economy

German Chancellor Scholz to ask parliament to clear way for new elections

(This Dec. 15 story has been refiled to fix the link in paragraph 1) By Thomas Escritt BERLIN (Reuters) – Chancellor Olaf…
Economy

Moody’s lowers France’s credit rating to Aa3

Moody’s (NYSE:MCO) Investors Service has reduced France’s credit rating to Aa3 with a stable outlook from the previous Aa2 with a negative…
Economy

Lula slams interest rate levels as ‘the only thing wrong’ with Brazil

SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva slammed what he sees as the country’s excessively high interest rates,…
Economy

Fed sees a glimmer that recent US productivity gains may last

By Howard Schneider WASHINGTON (Reuters) – Dreanda Cordero reentered the job market this year after a five-year break to raise three children,…
Economy

As Bolivia’s big state economic model slowly implodes, fear of ‘total crisis’

By Monica Machicao LA PAZ (Reuters) – Housewife Yola Chura worried about high food prices while shopping at a market in Bolivia’s…
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