By Siddharth Cavale BENTONVILLE, Arkansas (Reuters) – Walmart still expects to double the amount of gross merchandise volume it sells in foreign markets to $200 billion in five years, a top executive at the retailer said on Friday, even as the global economy remains on shaky ground. Gross merchandise volume (GMV) measures the total value…
PORT-AU-PRINCE (Reuters) – The United States on Friday blocked former Haitian Prime Minister Laurent Lamothe from entering the United States over what Secretary of State Antony Blinken said was his “involvement in significant corruption.” “This action renders Lamothe generally ineligible for entry into the United States,” the State Department said. In its statement, the State…
By Anna-Catherine Brigida and Lucila Sigal BUENOS AIRES (Reuters) – Argentines are expected to eat the most beef in five years in 2023, extending the country’s reign as the No. 1 steak consumer per capita despite the painful impact of 109% inflation on food prices, a Rosario grains exchange report showed on Friday. The major…
By Kanishka Singh WASHINGTON (Reuters) – A dual Haitian-Chilean citizen was sentenced to life in prison on Friday after pleading guilty in a U.S. court in March to three charges involving his role in the 2021 assassination of then-Haitian President Jovenel Moise, prosecutors said. Rodolphe Jaar was one of 11 defendants in the case, which…
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Citigroup Inc CEO Jane Fraser said scrapping the sale of its Mexican retail business, known as Banamex, and pursuing an initial public offering (IPO) was in the best interest of shareholders. “We acted decisively, we acted very swiftly and we said ‘okay, we’re gonna go…
By Eliana Raszewski BUENOS AIRES (Reuters) -Argentina has signed a deal to renew its currency swap line with China and double the amount it can access to near $10 billion, the South American country’s central bank said in a statement on Friday, a boost to its dwindling foreign currency reserves. The bank said that the…
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto expressed his opposition on Friday to the creation of a common currency, stating that in the era of digitalization it is unnecessary to have a shared currency for its purported benefits. “That is a very old idea that solves a problem that doesn’t exist anymore,”…
(Reuters) -An investigation into the death of an 8-year-old Panamanian girl while in custody of the U.S. Border Patrol in Harlingen, Texas, showed that the family was repeatedly denied an ambulance, the U.S. Customs and Border Protection (CBP) said on Thursday. The child died on May 17 after experiencing a medical emergency at the agency’s…
By Wendell Roelf CAPE TOWN (Reuters) – Senior officials from more than a dozen countries, including Saudi Arabia and Iran, were in talks on forging closer links with the BRICS bloc of major emerging economies on Friday as it met to deepen ties and position itself as a counterweight to the West. BRICS, which now…
SAO PAULO (Reuters) – Industrial production in Brazil fell by more than expected in April from March, data from government statistics agency IBGE showed on Friday, underscoring the difficulties faced by the sector against a backdrop of high borrowing costs. Output slipped 0.6% in the period, more than the 0.2% drop forecast by economists in…
