Cubans struggle as peso loses half its value in a year on informal market
By Nelson Acosta and Marc Frank HAVANA (Reuters) – The Cuban peso was trading on the informal market at an…
2023
JDE Peet’s to stop selling western coffee, tea brands in Russia by year-end
By Stephanie Hamel and Diana Mandia (Reuters) – JDE Peet’s NV will from the end of the year sell coffee…
Analysis-China holds the key to avoiding Argentina’s IMF default. The price tag is unknown
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – A helping hand from China saw Argentina avert a default…
Pope Francis arrives in Portugal to preside over global youth event
LISBON (Reuters) – Pope Francis arrived in Lisbon on Wednesday to start a five-day visit centred around the World Youth…
CVS Health cuts 5,000 jobs as part of restructuring plan
(Reuters) – CVS Health said on Wednesday it has eliminated about 5,000 non customer-facing roles as it seeks to rein…
At striking actors’ hangout bar, tiny residual checks no longer a joke
By Lisa Richwine STUDIO CITY, California (Reuters) – For actors trying to make it in Hollywood, a small residual check…
Vodafone boosted by 1&1 5G network deal in Germany
LONDON (Reuters) – Vodafone said on Wednesday it had agreed a long-term, exclusive national roaming partnership deal to provide 5G…
Garmin beats quarterly estimates on growth in fitness and auto businesses
(Reuters) – Navigation equipment maker Garmin beat market estimates for second-quarter revenue and profit on Wednesday, thanks to strong growth…
Analysis-TC Energy eyes Coastal GasLink pipeline to finish year on higher note
By Rod Nickel WINNIPEG, Manitoba (Reuters) – TC Energy’s surprise plan last week to split the company accelerated a stock…
BorgWarner’s second-quarter results beat estimates on auto parts demand
(Reuters) – Auto parts supplier BorgWarner reported second-quarter results on Wednesday that beat analysts’ estimates, helped by sustained demand from…