Uruguay’s government is now subsidizing bottled water in the capital Montevideo and neighboring cities as a three-year drought has triggered the South American country’s worst drinking water crisis in at least half a century.
President Joe Biden and House Speaker Kevin McCarthy postponed their meeting on the debt ceiling set for Friday as their aides continue negotiations toward avoiding a catastrophic US default.
Uber Technologies Inc. subsidiary Cornershop, an online grocer, is eliminating 11% of its workforce, according to an internal memo from Chief Executive Officer Oskar Hjertonsson.
Peru left borrowing costs unchanged for the fourth straight month as inflation finally begins to cool at rates policymakers have expected.
China’s post-Covid rebound is boosting its world-leading power emissions this year, but rapid deployment of clean technology means they could soon peak, according to a new report.
Hong Kong’s equity benchmark may add more health-care and electric vehicle stocks at the upcoming quarterly shuffle, although the 80-member target is likely to stay elusive in this round of review.
Talks to secure the biggest ever gold-mining deal will be extended after Newmont Corp. and Newcrest Mining Ltd. failed to reach a binding agreement in the time originally allotted.
The US State Department has approved the potential sale of as much as $8.5 billion in CH-47 Chinook helicopters, engines and equipment to Germany, which if it procceds could provide relief to Boeing Co. as the Army presses ahead with plans to shift its spending to other helicopter programs.
Donald Trump is appealing the verdict of a New York jury that found him liable for sexually abusing and defaming New York author E. Jean Carroll and awarded her $5 million in damages.
The firm 10T won’t make new investments, but a fund with many of the same people is already in deal talks.
