By Raul Cortes and Kylie Madry MEXICO CITY (Reuters) -The Mexican central bank’s benchmark interest rate is at the correct level, and its board does not want to raise it again even in the face of more U.S. rate hikes, the Bank of Mexico’s Jonathan Heath said in an interview published on Wednesday. Mexico’s central…
By Arshreet Singh (Reuters) -DuPont de Nemours Inc raised its 2023 sales forecast on Wednesday, betting on demand picking up for its materials used to make a wide range of products including automotive components and semiconductors. The chemicals maker had in May cut the top end of its annual revenue expectations, citing a slower-than-expected recovery…
(Reuters) – American Airlines said on Wednesday that it is in talks with planemakers Airbus and Boeing over a new narrowbody jet order, at a time when airlines rush to order more aircraft amid a travel boom. Bloomberg News earlier reported that the airline was in talks with the companies to order at least 100…
By Helen Coster NEW YORK (Reuters) -Thomson Reuters Corp on Wednesday reported higher sales and operating profit in the second quarter, helped by strong performance at its “Big 3” segments: Legal Professionals, Corporates and Tax & Accounting Professionals. The provider of information and tools for lawyers, accountants and other professionals reported adjusted earnings of 84…
(Reuters) – Republican former U.S. President Donald Trump, who was indicted on Tuesday for his wide-ranging efforts to overturn the 2020 election, is not the only person to face prosecution over efforts to undo his loss to Democrat Joe Biden in the 2020 U.S. election. Numerous people have been convicted at trial or pleaded guilty…
By Leah Douglas (Reuters) -Some big U.S. pork producers that have spent money to comply with a California law requiring more living space for certain farm animals are lukewarm about legislation proposed in the U.S. Congress that would overturn the state law. The National Pork Producers Council (NPPC), the pork industry trade group, supports the…
LONDON (Reuters) – An American man who allegedly faked his own death but was identified in hospital by his tattoos can be extradited from Scotland to the United States, a court ruled on Wednesday, with the final decision due to be taken by Scottish ministers. Edinburgh Sheriff Court ruled that there was no legal barrier…
(Reuters) – Coca-Cola Europacific Partners said on Wednesday it intends to jointly acquire Coca-Cola Beverages Philippines with Aboitiz Equity Ventures (AEV) for $1.8 billion, in an effort to become the world’s largest Coca-Cola bottler by revenue and volumes. The deal to buy Coca-Cola’s Philippines business in cash will be on 60:40 ownership structure between CCEP…
(Reuters) -Humana’s second-quarter profit beat Wall Street estimates on Wednesday, as a lower-than-expected spike in non-urgent medical procedures helped keep a check on the health insurer’s costs, sending shares nearly 6% higher in morning trade. Insurers have reported better-than-expected medical costs despite warnings from Humana and UnitedHealth – the two biggest providers of Medicare Advantage…
(Corrects to clarify that new model will only be sold as hybrid in North America in paragraph 3) TOKYO (Reuters) – Toyota on Wednesday unveiled the first hybrid version of its Land Cruiser that it will bring to North America and other key markets as it seeks to put a high-margin and iconic sports utility…
