By Mayela Armas CARACAS (Reuters) – Venezuela’s government expects oil exports to finance 63% of its national budget in 2023,…
Moody’s sees ‘very high’ foreign exchange risk for banks in Ukraine, Turkey
LONDON (Reuters) – Banks in countries such as Ukraine and Turkey face a “very high” risk from restrictions on capital…
Soccer-Brazil’s Vinicius Jr looking to terminate Nike deal, report says
SAO PAULO (Reuters) – Brazil’s Real Madrid forward Vinicius Jr is trying to terminate his sponsorship agreement with Nike Inc,…
Mexico, U.S. plan pitch by early 2023 to lure firms from abroad
MEXICO CITY (Reuters) – Mexican Economy Minister Raquel Buenrostro and U.S. Secretary of Commerce Gina Raimondo on Friday agreed to…
Brazil’s central bank to keep rates steady, stress fiscal concerns: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank is set to keep its benchmark interest rate at a…
Brazil industrial output rises in October but near-term outlook remains cloudy
SAO PAULO (Reuters) – Industrial production in Brazil rose 0.3% in October from September, government statistics agency IBGE said on…
Mexico to hike minimum wage by 20% in 2023, raising inflation worries
MEXICO CITY (Reuters) – Mexico will raise the minimum wage by 20% next year after employers, labor representatives and the…
Analysis-Ghana overhaul a test for $1 billion World Bank-backed debt
By Jorgelina do Rosario LONDON (Reuters) – Ghana’s debt restructuring plans are set to test a $400 million World Bank…
U.S. oil refiner Valero, rivals pursue Chevron for Venezuelan crude
By Marianna Parraga HOUSTON (Reuters) – U.S. oil refiners that once were regular buyers of Venezuelan crude are jockeying to…
Budget airline Volaris expands El Salvador-United States routes
MEXICO CITY (Reuters) – Low-cost carrier Volaris’ El Salvador operation will expand its flights to the United States, adding three…