Exclusive-Mexican firm seeks $380 million from Honduran state over blocked unit
By Valentine Hilaire MEXICO CITY (Reuters) – Mexican investment firm JLL Capital, whose Honduran operation has been blocked since 2018…
US
Fed’s Waller: Not much progress on inflation, higher rates needed
By Howard Schneider (Reuters) – Despite a year of aggressive rate increases U.S. central bankers “haven’t made much progress” in…
OPEC+ cuts partly due to reshaping of global oil flows, IEA says
By Ahmad Ghaddar LONDON (Reuters) – European Union and G7 restrictions on Russian oil exports led to a global shift…
Loblaw to spend $1.5 billion to expand business in Canada, create 6,000 jobs
(Reuters) – Loblaw Companies Ltd on Friday said it would spend C$2 billion ($1.50 billion) to expand its business in…
U.S. leaks show clash between ‘need to know’ vs ‘need to share’
By Jonathan Landay, Idrees Ali and Arshad Mohammed WASHINGTON (Reuters) -The latest U.S. intelligence leak illustrates a paradox of spycraft:…
James Murdoch’s Bodhi Tree slashes planned investment in Reliance’s Viacom18
BENGALURU (Reuters) -Reliance Industries Ltd’s Viacom18 will receive an investment of 43.06 billion rupees ($527.84 million) from Bodhi Tree, about…
Tesla expands discounts with price cuts in Europe, Singapore, Israel
By Chen Lin and Victoria Waldersee SINGAPORE/BERLIN (Reuters) -Tesla Inc on Friday slashed prices for its electric vehicles in Europe,…
PNC Financial beats profit estimates on boost from higher interest rates
(Reuters) – PNC Financial Services Group reported an 18.5% rise in first-quarter profit on Friday, as the Federal Reserve’s rate…
Exclusive-Fed can ‘hit the mark and hold’ with one more rate hike, Bostic says
By Howard Schneider ATLANTA (Reuters) – One more quarter-percentage-point interest rate hike can allow the Federal Reserve to end its…
Food security drives China to cut soymeal use in animal feed
By Dominique Patton BEIJING (Reuters) – China’s agriculture ministry issued a three-year action plan on Friday to reduce soymeal use…