(Reuters) – The U.S.
(Reuters) – Puerto Rico’s financial oversight board on Wednesday said it is still discussing a debt restructuring with creditors of the island’s power utility, PREPA, and could be persuaded to support
By Toby Sterling AMSTERDAM (Reuters) – Dutch healthcare company Philips has agreed to buy U.S.
The President’s budget seeks to reduce spending on things like federal programs and foreign aid while increasing military spending.
By Sijia Jiang
(Reuters) – The federal board overseeing Puerto Rico’s finances disapproved a $9 billion debt restructuring deal covering the bankrupt U.S. territory’s public power monopoly, The Wall Street Journal
WASHINGTON (Reuters) – Federal Reserve Board Vice Chair Stanley Fischer on Tuesday warned that the U.S. central bank must remain vigilant in monitoring financial stability risks.
By Makiko Yamazaki
BEIJING (Reuters) – Profits at China’s industrial companies surged 16.7 percent in May from a year earlier, accelerating from 14 percent in April in spite of expectations of a slowdown as borrowing