BOGOTA (Reuters) – Colombia’s minimum wage will increase by 16% in 2023, President Gustavo Petro said on Thursday, higher than…
AbbVie to leave leading U.S. drug industry trade group
(Reuters) – AbbVie Inc is leaving Pharmaceutical Research and Manufacturers of America (PhRMA), the leading U.S. drug industry group said…
Bank of Canada’s inflation fight made harder as bond yields fall
By Fergal Smith and Steve Scherer TORONTO (Reuters) – The Bank of Canada likely faces a challenge in 2023 convincing…
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…
Yellen, China’s ambassador discuss economic developments, U.S. Treasury says
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen met with China’s ambassador to the United States, Qin Gang, on Thursday…
Chinese investors weigh risks after Kabul hotel attack
By Charlotte Greenfield and Mohammad Yunus Yawar KABUL (Reuters) – In one of the office towers of Kabul’s China Town,…
Eskom’s outgoing CEO says lack of political support made position ‘untenable’
JOHANNESBURG (Reuters) – André de Ruyter, the outgoing CEO of crisis-hit South African state power utility Eskom, said on Thursday…
Italy seeks to bring TIM’s Sparkle unit into state hands
By Giuseppe Fonte and Elvira Pollina ROME (Reuters) -Italy’s government wants to bring Telecom Italia’s (TIM) submarine cable unit Sparkle…
Factbox-Who is Russian businessman Vladimir Potanin?
(Reuters) – Vladimir Potanin, who was placed on a U.S. sanctions list on Thursday, is one of Russia’s wealthiest businessmen.…
U.S. sanctions Russian oligarch Potanin and Rosbank -Treasury Dept. website
WASHINGTON (Reuters) – The United States imposed sanctions on one of Russia’s richest men, Vladimir Potanin, and Russian commercia bank…