By Bernardo Caram and Marcela Ayres BRASILIA (Reuters) – Delays and disappointments on revenue-boosting measures have made it harder for Brazil’s government to balance its budget and erase a primary budget deficit by 2024, as promised in a new fiscal framework. Those proposed budget rules have calmed investors nervous about an explosion of public spending,…
WASHINGTON (Reuters) – Former U.S. President Donald Trump said on Tuesday that he had heard that Special Counsel Jack Smith would announce an indictment against him at 5 p.m. (2100 GMT), according to a post on Trump’s Truth Social app. Trump already faces criminal charges in two other cases as he campaigns to regain the…
(Reuters) – Prudential Financial on Tuesday reported a 21.5% rise in second-quarter adjusted profit as the insurer’s U.S. unit benefited from a higher net investment spread and more favorable underwriting. Its U.S. businesses reported adjusted operating income of $956 million for the second quarter, compared with $573 million a year ago. Investment returns at major…
By Lisandra Paraguassu and Anthony Boadle BRASILIA (Reuters) -South American trade bloc Mercosur officials met on Tuesday to agree on their counterproposal to a European Union addendum on a long-awaited trade deal before meeting with EU negotiators in August in the hopes of closing the accord by year-end, Brazilian diplomats told Reuters. The four-nation Mercosur…
(Reuters) -Chesapeake Energy on Tuesday posted a fall in second-quarter profit due to lower natural gas prices and production. The U.S. oil and gas company’s profit fell to $391 million, or $2.73 per share, in the quarter ended June 30, from $1.24 billion, or $8.27 per share, from a year earlier. U.S. natural gas prices…
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged lower on a stronger dollar and signs of profit-taking after a rally in July when investors bet on tighter global supplies and demand growth in the second half of 2023. Brent crude futures for October settled at $84.91 a barrel on Tuesday, down 52 cents or 0.6%….
By Nate Raymond (Reuters) -A federal appeals court on Tuesday reinstated a law requiring that women in Guam meet with doctors in person before obtaining abortions, a restriction that has made terminating pregnancies in the U.S. territory difficult due to a lack of doctors. The San Francisco-based 9th U.S. Circuit Court of Appeals overturned a…
OTTAWA (Reuters) -Meta Platforms has begun the process to end access to news on Facebook and Instagram for all users in Canada, it said on Tuesday, in response to law requiring internet giants to pay news publishers. The Canadian government quickly denounced the move as “irresponsible,” and said the world is watching the process play…
By Viktoria Lakezina TYLIHUL ESTUARY, Ukraine (Reuters) – Kite surfers bounce along the gentle waves. A speedboat pulls children on an inflatable raft. Families soak up sunshine on a narrow beach. With most of Ukraine’s Black Sea Coast either occupied by Russian troops or in their line of fire, families seeking respite from life in…
By Herbert Lash NEW YORK (Reuters) – The dollar advanced against major currencies on Tuesday after relatively solid data on U.S. manufacturing and construction in June offset a decline in job openings last month to the lowest level in more than two years. While an ISM survey offered a tough assessment of U.S. manufacturing conditions,…
