SYDNEY (Reuters) - New Zealand and the United Arab Emirates will begin negotiations over a free trade agreement, the Pacific nation's trade minister said on Tuesday.
Trade Minister Todd McClay met his UAE counterpart in Dubai to announce the start of talks on a Comprehensive Economic Partnership Agreement, according to a statement from his office on Tuesday.
"The UAE is an important bilateral partner for New Zealand, and today’s launch... (continue reading...)
By Marcela Ayres and Bernardo Caram
BRASILIA (Reuters) - Senior officials in Brazil's economic team are signaling a need to curb pension spending in order to shore up public accounts, although their biggest challenge may be convincing President Luiz Inacio Lula da Silva to take such a measure.
Despite a sweeping 2019 pension reform, spending on retirements and pension benefits continues to surge, affected by an aging population and Lula's... (continue reading...)
By Davide Barbuscia
NEW YORK (Reuters) - The Office of Financial Research (OFR), a U.S. Treasury Department-based research powerhouse, said on Monday it has adopted a final rule that will allow it to collect data on certain transactions in the repurchase agreement (repo) market.
Most hedge fund activity in repo markets - where banks and other players such as hedge funds borrow short-term loans backed by Treasuries and other securities -... (continue reading...)
WARSAW (Reuters) - Poland is verifying if a Polish judge who had access to confidential information and asked for political asylum in Belarus had been spying, authorities said on Monday.
Earlier on Monday, Tomasz Szmydt, a judge from a Warsaw administrative court, asked for asylum in Belarus, saying he acted in protest to Poland's policy towards Russia and Belarus, according to a video aired by Russian TV.
A hub for Western military... (continue reading...)
By Anirban Sen and Dawn Chmielewski
NEW YORK (Reuters) - Walt Disney and Comcast are seeking to hire a financial adviser to resolve a dispute over how to value the 33% stake in streaming platform Hulu that the former will acquire from the latter, according to people familiar with the matter.
The move is in accordance with a deal the companies struck for Hulu last year. It is an action their contract foresees if JPMorgan Chase, which... (continue reading...)
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