IMF sees drought causing Argentina contraction of 2.5% in 2023
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Tuesday it is now projecting Argentina’s economy will…
July 2023
ADM lifts 2023 guidance after second-quarter profit beat
By Karl Plume CHICAGO (Reuters) -Archer-Daniels-Midland beat Wall Street expectations for second-quarter profit on Tuesday and raised its 2023 earnings…
Analysis-Is Canadian core inflation about to crack? July data could offer hope
By Fergal Smith TORONTO (Reuters) – The Bank of Canada’s most favored measures of core inflation are likely to slow…
UniCredit to post strong quarter as Russia draws scrutiny
(Edits syntax in paragraph 2) By Valentina Za and Giuseppe Fonte MILAN (Reuters) -Italian bank UniCredit is set to report…
KLM, major airlines appeal against Schiphol flight curbs
PARIS (Reuters) – KLM, Delta, United and scores of carriers have filed an appeal at the Dutch Supreme Court to…
Elon Musk to appeal loss in SEC case to Supreme Court
By Jonathan Stempel NEW YORK (Reuters) – Elon Musk plans to ask the U.S. Supreme Court to consider whether the…
IMF: India’s rice restrictions could fuel food price inflation
WASHINGTON (Reuters) – India’s move to restrict exports of certain types of rice could help exacerbate food price inflation and…
Logitech beats earnings estimates and raises forecast, lifting shares
By John Revill (Reuters) -Logitech International raised its sales and profit outlook for the first half of the financial year…
China’s property firms rally after Beijing pledges economic support
By Clare Jim and Karin Strohecker HONG KONG (Reuters) -Investors piled into Chinese property developers’ shares and bonds on Tuesday…
Brazil 50bp rate cut comes into play as inflation edges lower
SAO PAULO (Reuters) -Consumer prices in Brazil fell by more than expected in the month to mid-July, data from statistics…