By Dietrich Knauth (Reuters) – The U.S. Department of Justice’s bankruptcy watchdog on Thursday appointed a committee to represent FTX…
For bear stock pickers, 2023 is full of rich pickings
By Nell Mackenzie LONDON (Reuters) – Well-known activist short-selling hedge funds expect to find more companies squeezed by tough economic…
India rupee settlement mechanism draws interest from more nations
By Nikunj Ohri and Shivangi Acharya (Reuters) – India’s rupee trade settlement mechanism, a means of using rupees instead of…
Italian brake maker Brembo plans expansion in northern Mexico
MEXICO CITY (Reuters) – Italian premium brakes maker Brembo, which supplies Tesla, Ferrari and other car companies, plans to expand…
Argentina inflation hits nine-month low; interest rate held steady
By Walter Bianchi and Horacio Soria BUENOS AIRES (Reuters) -Argentina’s monthly inflation rate slowed to 4.9% in November, the lowest…
Colombia to hike minimum monthly wage by 16%
BOGOTA (Reuters) – Colombia’s minimum wage will increase by 16% in 2023, President Gustavo Petro said on Thursday, higher than…
Brazil’s Guedes predicts monetary easing by mid 2023, GDP rising 3%
BRASILIA (Reuters) – Brazil’s Economy Minister Paulo Guedes projected on Thursday interest rates would start to fall by mid-2023 and…
Brazil’s spending package affecting inflation expectations, says central bank
BRASILIA (Reuters) -Brazil’s central bank already believes a recently proposed spending package is partly affecting closely watched inflation expectations, said…
Brazil chicken production and exports seen rising in 2023 -industry group
By Ana Mano SAO PAULO (Reuters) – Brazilian chicken processors including heavyweights JBS SA and BRF SA will collectively increase…
Peru’s GDP expands 2.01% in October
LIMA (Reuters) – Peru’s economy expanded 2.01% in October compared with the year before, the government’s INEI statistics agency said…