Business News

BOGOTA (Reuters) – Colombia’s government on Wednesday awarded a project worth 3.25 trillion pesos ($674.5 million) to Spanish engineering firm Sacyr for reconstructing and maintaining the Dique Canal, the National …

By Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank on Wednesday kept interest rates at 13.75% for the third consecutive policy decision, highlighting fiscal uncertainties arising from a spending boost planned …

By David Shepardson WASHINGTON (Reuters) – Two senior Republican lawmakers on Wednesday were highly critical of the decision by the U.S. Energy Department to award $200 million to Microvast Holdings …

By Fergal Smith TORONTO (Reuters) – Canada’s main stock index edged lower on Wednesday to its lowest closing level in nearly three weeks as a drop in oil prices weighed …

By Herbert Lash and Danilo Masoni NEW YORK/MILAN (Reuters) -World stocks slid further and Treasury yields dipped on Wednesday as U.S. worker productivity data beat forecasts but extended a weak …

By Paresh Dave OAKLAND, Calif. (Reuters) – Apple Inc plans to allow users to more tightly lock down photos and notes stored on its iCloud service and require a physical …

By Rachna Uppal, Aziz El Yaakoubi and Yousef Saba RIYADH (Reuters) -Saudi Arabia expects to post a second consecutive budget surplus in 2023, though down 84% from this year as …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Santa rally is turning into the Grinch’s revenge. U.S. and global recession …

By Rajesh Kumar Singh and Priyamvada C CHICAGO (Reuters) -Southwest Airlines Co on Wednesday became the first major U.S. airline to reinstate its quarterly dividend, more than two years after …

By Isabel Woodford and Anthony Esposito MEXICO CITY (Reuters) -Mexico’s financial system has a resilient and solid position, the country’s central bank said on Wednesday during the launch of its …

By Caroline Valetkevitch NEW YORK (Reuters) – The U.S. dollar weakened slightly against major currencies on Wednesday amid concerns that rising interest rates could push the U.S. economy into recession, …

By Ross Kerber and Noor Zainab Hussain (Reuters) -Vanguard Group Inc is pulling out of a major investment-industry initiative on tackling climate change, the world’s biggest mutual fund manager said …

(Reuters) – Air New Zealand Ltd on Thursday increased its earnings forecast for the first half of fiscal 2023, helped by strong travel demand across its domestic and international networks …

(Reuters) – New Zealand’s Fonterra Co-operative Group Ltd on Thursday lowered its farmgate milk price forecast range for the second time for the 2022/23 season on higher costs and softening …

By Marcelo Teixeira NEW YORK (Reuters) – Brazilian mining company Vale is in advanced talks with possible partners for its new base metals investment vehicle and looks to have a …

MEXICO CITY (Reuters) – Bank of Mexico Governor Victoria Rodriguez on Wednesday said that the sale of Citigroup’s Mexican retail bank Citibanamex is “complicated” and the sale process should be …

By Jonathan Stempel (Reuters) -Apple Inc has been sued by two women who said its AirTag devices have made it easier for their former partners and other stalkers to track …

By Noah Browning and Alistair Smout LONDON (Reuters) -Western officials are in talks with Turkish counterparts to resolve oil tanker queues off Turkey, a British Treasury official said, after the …

LONDON (Reuters) – U.S. crypto firm Genesis is working to preserve client assets and strengthen liquidity, it said in a letter to clients on Wednesday, adding that it would take …

WASHINGTON (Reuters) – Australia’s Foreign Minister on Wednesday praised Washington’s commitment to Indo-Pacific security but said its departure from a regional trade pact was still being felt and that enhanced …

By Jorgelina do Rosario LONDON (Reuters) – Latin American e-commerce retailer and fintech firm MercadoLibre is in talks with Meta to process payments for its WhatsApp messaging service starting in …

(Reuters) – The Biden administration’s sale of offshore wind development rights off the coast of California drew $757.1 million in high bids from developers seeking a foothold in the domestic …

By Krisztina Than TISZAESZLAR, Hungary (Reuters) – Consumers in Eastern Europe are saving up to put their favourite carp and pork dishes on the table for Christmas as food price …

By Saeed Azhar and Noor Zainab Hussain NEW YORK (Reuters) -The biggest U.S. banks are bracing for a worsening economy next year as inflation threatens consumer demand, according to executives …

MILAN (Reuters) – Italy’s Ferrero has agreed to buy U.S. based Wells Enterprises, which makes several ice creams brands including Blue Bunny, Bomb Pop and Halo Top, the maker of …