Argentina raises interest rate, devalues peso after shock primary election -official source
BUENOS AIRES (Reuters) – Argentina’s central bank will raise the benchmark interest rate to 118% from 97% previously, an official…
2023
Canoo finalizes incentive package with Oklahoma, Cherokee Nation
(Reuters) – Electric-vehicle startup Canoo said on Monday it finalized incentive agreements with the state of Oklahoma and the North…
Indonesia says Tesla plans to invest in battery material facility
JAKARTA (Reuters) – Indonesia said on Monday that U.S. electric carmaker Tesla plans to invest in the manufacturing of battery…
Boeing front-runner in wide-body jet talks with IndiGo -sources
By Aditi Shah NEW DELHI (Reuters) -Boeing has emerged as the front-runner to secure an order for around 25 wide-body…
Foreign tourism to Portugal registers best-ever first half
LISBON (Reuters) – The number of foreign tourists visiting Portugal surpassed eight million in January-June, making it the best first…
MSCI to acquire remaining stake in Burgiss for $697 million in cash
(Reuters) – Index provider MSCI said on Monday it will acquire the remaining 66% of Burgiss Group, a New Jersey-based…
US envoy visits Gulf to help expand Yemen truce, launch peace process -State Dept
WASHINGTON (Reuters) – The U.S. Special Envoy for Yemen will visit the Gulf on Monday “to advance ongoing un-led efforts…
Target set to post first quarterly revenue drop in six years as consumers cut spending
By Granth Vanaik (Reuters) – Target is expected to post its first quarterly drop in revenue in about six years…
Lula says wants US investments in Brazil to drive energy transition
SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Monday he hopes for the United States…
Apple supplier Foxconn cautious despite beating earnings forecasts
By Sarah Wu and Faith Hung TAIPEI (Reuters) -Apple supplier Foxconn beat estimates for second-quarter earnings on Monday thanks to…