Santiago Pena, Paraguay’s new president, faces tricky balancing act
By Daniela Desantis and Lucinda Elliott ASUNCION (Reuters) – Paraguay’s new president Santiago Pena takes office on Tuesday, a clean-cut…
Russia’s Shoigu says Ukraine depleted, war showing weakness of Western weapons
By Guy Faulconbridge MOSCOW (Reuters) – Russia’s defence minister told officials on Tuesday that Ukraine’s ability to fight had been…
Nigeria inflation rises to 18-year high in July as reform effects linger
By Elisha Bala-Gbogbo ABUJA (Reuters) – Nigeria’s annual inflation rose to its highest level in nearly two decades in July…
Striking Hollywood writers expected to respond to studios’ proposal
By Dawn Chmielewski LOS ANGELES (Reuters) – In what would be a sign of progress in a months-long labor dispute,…
Fisker to add Tesla’s EV charging connector by 2025
(Reuters) – Electric vehicle startup Fisker said on Tuesday it signed a deal with Tesla to adopt its North American…
JPMorgan ramps up EM default rate forecast amid China property woes
By Marc Jones LONDON (Reuters) -JPMorgan ramped up its 2023 global emerging market corporate high yield (HY) default rate forecast…
Analysis-Argentina investors see silver lining in Milei election shock
By Rodrigo Campos NEW YORK (Reuters) – Investors in Argentina’s financial markets, where bonds and the peso slid on Monday…
Fitch warns it may be forced to downgrade multiple banks, including JPMorgan – CNBC
(Reuters) – An analyst at Fitch Ratings warned that U.S. banks, including JPMorgan Chase, could be downgraded if the agency…
Musk’s X social media platform shuts down promoted accounts ad business – Axios
(Reuters) – Social media company X, formerly known as Twitter, will no longer allow advertisers to promote their accounts within…
J.P. Morgan warns of sharper-than-expected slump in China residential market
(Reuters) – J.P. Morgan said on Tuesday China’s residential property market could see a sharper-than-expected slump this year following downbeat…