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SAO PAULO -South American e-commerce giant MercadoLibre Inc reported on Wednesday that its second-quarter net income rose 79.8% year-on-year, beating earnings forecasts. The company, present in 18 countries including Brazil, …

By Manya Saini and Hannah Lang (Reuters) -The chief executive of Robinhood Markets Inc on Wednesday dismissed the idea that the company might be acquired after it announced job cuts …

By Nelson Bocanegra BOGOTA – The technical team of Colombia’s central bank is predicting a higher benchmark interest rate than that projected by the market because of increased inflationary pressures …

By Yuvraj Malik (Reuters) -EBay Inc beat second-quarter earnings estimates on Wednesday as the e-commerce company’s focus on selling luxury products tempered the hit from a slowdown in consumer spending …

By Liz Hampton and Ruhi Soni (Reuters) -U.S. shale producers continued a streak of returning more cash to shareholders this week on the back of higher oil prices, despite criticism …

By Ruhi Soni (Reuters) – Canada’s Nutrien Ltd beat second-quarter profit estimates on Wednesday, fueled by soaring prices of crop nutrients which more than offset higher natural gas costs and …

By Noel Randewich (Reuters) – Wall Street ended sharply higher on Wednesday, with strong profit forecasts from PayPal and CVS Health Corp lifting sentiment and helping elevate the Nasdaq to …

(Reuters) -Online travel agency Booking Holdings Inc said growth moderated at the start of the current quarter as global flight cancellations and long waits at airports deterred pandemic-weary travelers. Shares …

By David Morgan and David Lawder WASHINGTON – A $430 billion drug pricing, energy and tax bill that Democrats hope to fast-track through the U.S. Senate would decrease the federal …

By Nichola Saminather TORONTO -Sun Life Financial, Canada’s second-biggest life insurer, on Wednesday comfortably beat analysts’ estimates for second-quarter core profit, which rose slightly from a year earlier as higher …

(Reuters) -U.S. insurer MetLife Inc reported a 22% fall in quarterly profit on Wednesday as weaker investment returns offset gains from rising premiums. Growing worries of a recession, geopolitical turmoil …

By Parisa Hafezi and Arshad Mohammed DUBAI – Top Iranian and U.S. officials will resume talks in Vienna this week on reviving the 2015 nuclear pact, officials from both countries …

By Arathy Somasekhar HOUSTON -Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ …

By Ernest Scheyder (Reuters) -Albemarle Corp, the world’s largest producer of lithium for electric vehicle batteries, raised its annual forecast on Wednesday and reported a better-than-expected quarterly profit after it …

WASHINGTON – U.S. President Joe Biden tested positive again for COVID-19 on Wednesday, his physician Kevin O’Connor said in a memo released by the White House, adding that the test …

By Tim Hepher PARIS – Airbus has revoked its entire outstanding order from Qatar Airways for A350 jets, severing all new jetliner business with the Gulf carrier in a dramatic …

WASHINGTON – The U.S. International Trade Commission said on Wednesday it would investigate companies including Lenovo and Acer after receiving a complaint they violated U.S. law by selling certain video …

MEXICO CITY – Mexico’s COVID-battered aviation sector has benefitted from a robust reactivation of travel, but analysts fear its takeoff could be soon shaken by recession in the United States. …

By Saqib Iqbal Ahmed NEW YORK – Wall Street’s most closely watched gauge of market anxiety shows expectations of choppy trading ahead despite a recent snapback in U.S. stocks, though …

(Reuters) -The U.S. Centers for Disease Control and Prevention (CDC) is expected to ease its guidelines to control the spread of COVID-19, including in schools as soon as this week, …

By Sabrina Valle HOUSTON -Occidental Petroleum Corp plans to use the bonanza from high oil and gas prices to accelerate debt payments and cash distribution to shareholders but will not …

By David Shepardson WASHINGTON -The Federal Aviation Administration’s acting chief will meet with FAA safety inspectors in South Carolina on Thursday before determining whether Boeing can resume deliveries of its …

(Reuters) – Retail trading platform Robinhood Markets Inc disclosed in a filing on Wednesday that the U.S. Securities and Exchange Commission has been probing the company’s compliance with short selling …

By Simon Lewis WASHINGTON -A top coach for U.S. women’s pro basketball who once represented Russia at the Olympics has made a plea for Russian President Vladimir Putin to “do …