By Alessandro Parodi and Alberto Chiumento (Reuters) – Marilyn Nabor, an experienced high school mathematics teacher in the Philippines, moved to Italy 14 years ago with high hopes of honing her craft in the country of Galileo and Fibonacci. Now aged 49, she works as a housekeeper in Rome, counting cobwebs and crockery, and has…
MEXICO CITY (Reuters) -Mexican restaurant chain operator Alsea posted a 12% bump in net profit for the first three months of this year, the company said in a statement on Thursday, its earnings boosted by increased consumption trends and price hikes. Alsea, which operates chain outlets including Starbucks, Burger King and Domino’s Pizza, reported a…
TOKYO (Reuters) – Japan will invite some emerging nations to an outreach meeting at the Group of Seven advanced countries Japan chairs next month in the city of Niigata, Finance Minister Shunichi Suzuki said on Friday. The countries whose finance leaders will be invited to attend the outreach meeting include India, Indonesia, South Korea, Singapore…
By Adriana Barrera MEXICO CITY (Reuters) – Trade consultations requested by the United States on Mexico’s plan to limit the use of genetically modified corn are an “unacceptable violation” of Mexican law and feed the interests of seed “oligopolies,” a top Mexican official said on Thursday. The United States, Mexico’s main trading partner, requested the…
LIMA (Reuters) – Peru’s economy minister on Thursday said “conditions were being established” to develop lithium mining projects in the country, a week after Chile launched a plan to boost state control of the industry. “A window of opportunity has opened and we want to take advantage of it,” said Economy Minister Alex Contreras, saying…
By Ted Hesson and Matt Spetalnick WASHINGTON (Reuters) -The United States will ramp up deportations while also expanding legal pathways for would-be migrants as it braces for a possible spike in illegal border crossings when COVID-19 restrictions are set to end next month, U.S. officials said on Thursday. The U.S. will double or triple the…
LONDON/BOGOTA (Reuters) -Colombia’s incoming finance minister Ricardo Bonilla and President Gustavo Petro sought to calm the market on Thursday as the peso currency, bonds and the stock exchange fell following the surprise ouster of Bonilla’s predecessor. Petro named Ricardo Bonilla to the post in a Cabinet reshuffle on Wednesday, replacing Jose Antonio Ocampo. The currency…
By Jorge Otaola BUENOS AIRES (Reuters) -Argentina’s central bank hiked its benchmark interest rate a huge 10 percentage points to 91% on Thursday as it tries to tame high inflation and steady the peso currency, which has tumbled in black market trading over the last week. The hike, the biggest since a market meltdown in…
By Tom Westbrook SINGAPORE (Reuters) – China’s yuan currency is slowly but surely being adopted for more international payments, which analysts say could lay foundations for a trade system running parallel to the dominant U.S. dollar. In the past day alone, data showed that more cross-border transactions with China were settled in yuan in March…
WASHINGTON (Reuters) – The United States will dedicate specially trained asylum officers to new refugee centers in Guatemala and Colombia, Department of Homeland Security Secretary Alejandro Mayorkas told reporters on Thursday as Washington seeks to create new lawful pathways for migrants. The announcement was part of a series of actions rolled out by President Joe…
