TURNBERRY, Scotland (Reuters) -U.S. President Donald Trump on Monday increased pressure on Russia to end its war in Ukraine, saying he was setting a new deadline of 10 to 12 days for Moscow to make progress on doing so.
Trump, who is holding meetings in Scotland, said earlier on Monday that he was going to shorten a 50-day deadline he had set because of frustration with Russian President Vladimir Putin.
(Reporting by Andrea... (continue reading...)
By Gabriel Burin
(Reuters) -Argentina's ongoing economic recovery will moderate to a normal pace in the run-up to October's mid-term legislative election, a Reuters poll showed.
At the start of 2025, Latin America's No. 3 economy behind Brazil and Mexico picked up strongly following a two-year recession that capped more than a decade of poor performance.
Consumption got a boost from a drastic fall in inflation thanks to... (continue reading...)
(Reuters) -Oppenheimer Asset Management on Monday raised its year-end target for the S&P 500 index to 7,100, the highest among major Wall Street brokerages, betting on easing trade tensions and strong corporate earnings.
Its current target implies an 11.13% upside to the benchmark index's last close of 6,388.64. Oppenheimer previously set a target of 5,950 for the index.
"With the announcement of trade deals (Japan, EU) by President Trump...... (continue reading...)
By Alexander Marrow and Elizabeth Howcroft
LONDON/PARIS (Reuters) -A rouble-backed stablecoin that could help Russia circumvent Western restrictions on payments has seen a jump in transaction volumes in July, with funds moved through the coin surging past $40 billion in total, blockchain research firm Elliptic said on Monday.
Sweeping Western sanctions since Russia's February 2022 full-scale invasion of Ukraine, particularly the exclusion of... (continue reading...)
(Reuters) -Alternative asset manager Carlyle said on Monday it has rejigged its senior leadership ranks and named three of its veterans for its newly created role of co-presidents.
Chief Financial Officer John Redett, credit head Mark Jenkins and client business head Jeff Nedelman will become the company's co-presidents, effective January 1, 2026.
"These individuals, all Carlyle veterans, are proven leaders whose deep expertise and extensive... (continue reading...)
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