Brazil’s May inflation seen at eight-month low, opening window for rate cuts: Reuters poll
By Gabriel Burin (Reuters) – Brazilian inflation probably declined to an eight-month low in May versus April, opening a much…
2023
BorgWarner sees EV, hybrid parts business generate nearly half of sales by 2027
(Reuters) – Auto parts supplier BorgWarner on Tuesday forecast its electrified-vehicle business would generate about half of its total expected…
J M Smucker sees smaller decline in annual sales on higher prices, steady demand
(Reuters) – Jif peanut butter maker J M Smucker Co forecast a smaller-than-expected decline in annual revenue on Tuesday, betting…
Airlines Urge Co-operation To Help Curb Emissions
ISTANBUL (Reuters) – Airlines on Tuesday called for co-operation on a broad front to reach “very tough” emission targets and…
Australia cenbank warns of more hikes ahead after raising rates to 11-yr high
By Stella Qiu SYDNEY (Reuters) -Australia’s central bank on Tuesday raised interest rates by a quarter-point to an 11-year high,…
Exclusive-China’s state banks told to lower cap on dollar deposit rates -sources
SHANGHAI/BEIJING (Reuters) – In a rare attempt to bolster China’s yuan, a self-regulatory body overseen by the country’s central bank…
Subway inks deal for 4,000 new sandwich shops in China over next 20 years
By Hilary Russ NEW YORK (Reuters) – Subway reached an agreement with a master franchisee to open nearly 4,000 new…
Nestle trials giving cash to coffee farmers who grow beans sustainably
By Maytaal Angel LONDON (Reuters) – Nestle is piloting a scheme to give cash to coffee farmers who grow beans…
At least 42 dead, thousands homeless after floods in Haiti
(Reuters) – Flooding from torrential rains in Haiti has left at least 42 people dead over the past couple days…
High inflation and recession risk – the Bank of England’s dilemma
By William Schomberg LONDON (Reuters) – The Bank of England is trying to curb an inflation rate that is running…