South America Wed, 21 Mar 2018 20:39:00 GMTPowell's Fed confirms gradualism: anticipates 5 more modest rate increases in next 21 months
The Federal Reserve is raising its benchmark interest rate to reflect a solid U.S. economy and signaling that it's sticking with a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell. The Fed said it e...Wed, 21 Mar 2018 20:27:00 GMTPeruvian president offers resignation to Congress ahead of an impeachment vote
Embattled President Pedro Pablo Kuczynski has offered his resignation to Peru's congress ahead of a scheduled vote on whether to impeach the former Wall Street investor on corruption charges, according to a presidential aide. I...Wed, 21 Mar 2018 10:07:00 GMTFacebook shareholder suing the company, which has lost US$ 50bn in value
A Facebook shareholder is suing the social media giant for allegedly misleading investors in the Cambridge Analytica affair that's currently rocking the social network. Fan Yuan, who owns Facebook stock, filed a lawsuit Tuesday...Wed, 21 Mar 2018 10:03:00 GMTFinancial leaders reject protectionism, but prepare for a trade war
The world’s financial leaders rejected protectionism on Tuesday and urged “further dialogue” on trade, but failed to diffuse the threat of a trade war days before U.S. metals tariffs take effect and Washington is to annou...Wed, 21 Mar 2018 10:00:00 GMTGoogle pledges to combat fake news monitor misinformation during elections"
Google has said it will invest US$300 million in helping news organizations to fight fake news and grow their businesses. The search engine giant will also invest in new technological tools to enhance online news consumption.