By Marcela Ayres BRASILIA (Reuters) – Economists have launched a fresh wave of upward revisions to projections for Brazil’s interest rate this year, citing deteriorating inflation expectations, a weaker currency and lingering concerns over the fiscal outlook of Latin America’s largest

(Reuters) – The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as President Donald Trump’s Treasury secretary on to the full Senate for approval. The committee voted 16-11 to send the

By Julie Zhu and Elisa Martinuzzi DAVOS, Switzerland (Reuters) – Chinese Vice Premier Ding Xuexiang met with global finance and business leaders including Blackstone (NYSE:BX) CEO Steve Schwarzman, Bridgewater Associates founder Ray Dalio and JPMorgan CEO Jamie Dimon during a private

DAVOS, Switzerland (Reuters) – German Chancellor Olaf Scholz said on Tuesday he does not support freedom of speech when it is used for extreme-right views, a day after a hand gesture by U.S. billionaire Elon Musk caused uproar during Donald

By Nell Mackenzie LONDON (Reuters) – Hedge funds positioned for Donald Trump’s U.S. presidency with their highest levels of borrowing since 2010, while betting the dollar would continue to rise, according to bank research and industry data. U.S. stock trading hedge funds