Cuba More Than Quadruples Dollar/peso Exchange Rate
By Marc Frank HAVANA (Reuters) – Cuba announced it will begin purchasing on Thursday dollars and other convertible currencies at…
Reuters
Dollar Climbs As Fed Officials Suggest More Rate Hikes To Come
By Alun John HONG KONG (Reuters) – The dollar was on the front foot on Thursday, helped by several U.S….
KFC Parent Doubles Down On Deals As Consumers Cut Spending
By Praveen Paramasivam (Reuters) -Yum Brands Inc said on Wednesday it would offer new items and promotional deals as it…
Latam’s MercadoLibre Profits Soar, Company Plans Growth
SAO PAULO (Reuters) -South American e-commerce giant MercadoLibre Inc reported on Wednesday that its second-quarter net income rose 79.8% year-on-year,…
Nutrien Beats Profit Estimates, Lowers Full-year Forecast
By Ruhi Soni (Reuters) – Canada’s Nutrien Ltd beat second-quarter profit estimates on Wednesday, fueled by soaring prices of crop…
Elon Musk’s Twitter Countersuit Due By Friday As Acrimony Grows
By Jonathan Stempel (Reuters) – Twitter Inc and Elon Musk, who are suing each other over the world’s richest person’s…
Tyson Foods Ignoring Subpoena For Meat Price Gouging Probe, NY Attorney General Says
By Jonathan Stempel NEW YORK (Reuters) – Tyson Foods Inc, one of the largest U.S. meat producers, is refusing to…
Fed Officials Beat Inflation Drum; 50-basis-point Rate Hike ‘reasonable’ Next Month
By Lindsay Dunsmuir and Dan Burns (Reuters) – Federal Reserve officials voiced their determination again on Wednesday to rein in…
OPEC+ Agrees Tiny Output Rise In Setback For Biden
By Maha El Dahan and Ahmad Ghaddar DUBAI/LONDON (Reuters) – OPEC+ is set to raise its oil output goal by…
Ben & Jerry’s Says Unilever Froze Directors’ Salaries
By Jessica DiNapoli NEW YORK (Reuters) -Ben & Jerry’s independent board said parent company Unilever Plc, with which it is…