Brazil central bank kicks off rate cuts more aggressively than expected
By Peter Frontini SAO PAULO (Reuters) -Brazil’s central bank kicked off its rate-cutting cycle more aggressively than expected on Wednesday,…
August 2, 2023
GM JV battery firm rejects including Ohio workers under national agreement
By David Shepardson (Reuters) – A General Motors LG Energy Solution battery joint venture on Wednesday said it does not…
Fitch downgrades Fannie Mae, Freddie Mac after US rating cut
(Reuters) -Ratings agency Fitch on Wednesday downgraded U.S. mortgage finance giants Fannie Mae and Freddie Mac Long-Term Issuer Default Ratings…
Wall Street ends down, investors step back after Fitch US rating cut
By David French (Reuters) -Wall Street finished lower on Wednesday, with the S&P 500 and Nasdaq Composite down for a…
Labor, industry gear up for dueling Massachusetts gig worker ballot measures
By Nate Raymond BOSTON (Reuters) -An industry-backed group and a labor union on Wednesday proposed letting voters decide whether Uber…
Bank of England set to raise rates for 14th time in a row
By David Milliken LONDON (Reuters) – The Bank of England is expected to raise interest rates to a 15-year high…
Exclusive-Mongolia, US to sign ‘Open Skies’ deal ahead of talks -Harris, PM
By Trevor Hunnicutt (Reuters) -The United States and Mongolia will sign an “Open Skies” civil aviation agreement, Vice President Kamala…
LATAM Airlines sees stronger 2023 after Q2 results boost
SANTIAGO (Reuters) -LATAM Airlines expects “record” net earnings in 2023 after posting stronger second-quarter results and improved forecasts, company executives…
Occidental Petroleum misses on quarterly profit, raises full-year output
By Mrinalika Roy and Arathy Somasekhar (Reuters) -Occidental Petroleum on Wednesday raised its full-year production forecast by 1%, but missed…
Pence and a Christmas call star in Trump indictment
By Steve Holland and Heather Timmons WASHINGTON (Reuters) -Former Vice President Mike Pence, who confounded attempts by then-President Donald Trump…