BRASILIA (Reuters) -Brazilian Senator Marcelo Castro said on Wednesday that a constitutional amendment backed by President-elect Luiz Inacio Lula da…
Explainer-Russia’s tanker fleet too small to bypass oil price cap
By Noah Browning and Julia Payne LONDON (Reuters) – Russia’s oil tanker fleet is too small to fully circumvent a…
U.S. new home sales unexpectedly rise in October
WASHINGTON (Reuters) – Sales of new U.S. single-family homes unexpectedly jumped in October, shrugging off rising mortgage rates and house…
Brazil’s Nubank rolls out Mexican savings accounts, debit card
By Cassandra Garrison MEXICO CITY (Reuters) – Brazil’s Nubank, Latin America’s star financial technology firm, began launching Mexican savings accounts…
Volkswagen strikes below-inflation wage deal, continues German trend
By Jan Schwartz HAMBURG (Reuters) -Volkswagen on Wednesday agreed a two-year wage deal for workers at its western German factories,…
Analysis-In emerging markets, the bulls are back again
By Marc Jones LONDON (Reuters) – After some of the biggest losses in emerging markets on record this year the…
IMF forecasts Spain growth close to zero at turn of year
MADRID (Reuters) -The International Monetary Fund expects economic growth in Spain to slow in 2023 on higher prices and flagging…
IMF, Ukraine reach economic policy monitoring arrangement
By David Lawder WASHINGTON (Reuters) -The International Monetary Fund said on Wednesday it has reached a staff-level agreement with Ukraine…
U.S. business activity weakens further in November – S&P Global survey
WASHINGTON (Reuters) – U.S. business activity contracted for a fifth straight month in November, with a measure of new orders…
U.S. new vehicle sales to be flat in November amid high interest rate – report
(Reuters) – U.S. new vehicle retail sales are expected to be relatively flat in November as high vehicle prices, coupled…