(Reuters) -Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kingdom wants to put $600 billion into expanded investment and trade with the United States over the next four years, the Saudi State news agency said early on Thursday. In a phone call between the two leaders, the crown prince said …
Saudi Arabia plans $600 billion in new US investment, trade over four years Read More »
By Andy Home LONDON (Reuters) -Nickel ended 2024 trading at four-year lows, a spectacular reversal of fortune for a metal that soared so high in 2022 it almost broke the London Metal Exchange (LME). There is no mystery to this dramatic tale of boom and bust. Indonesia has flooded the world with more metal than …
Only Indonesia can help nickel recover from price bust: Andy Home Read More »
By Ana Mano SAO PAULO (Reuters) – Brazilian beef companies do not expect to be hurt by potential new tariffs from President Donald Trump’s administration because of low inventories of cattle in the U.S. and a sizable tariff that already exists on these exports. Roberto Perosa, head of the Brazilian beef exporters association ABIEC, said …
Brazil’s beef companies breathing easy over prospect of new Trump tariffs Read More »
By Mike Peacock , (Reuters) – Bond vigilantism has returned to Britain, raising the prospect that the government will be forced to consider politically toxic tax rises or public spending cuts to placate investors concerned about the country’s fiscal health. But Chancellor of the Exchequer Rachel Reeves could also get a helping hand from the …
DAVOS, Switzerland (Reuters) – Syrian Foreign Minister Asaad Hassan al-Shibani said on Wednesday that the country will open its economy to foreign investment and that Damascus is also working on energy and electricity partnerships with Gulf states. “Syria’s economic resources are diverse and we have a lot of sectors – industry, tourism… of course the …
Davos-Syria’s economy will be open for foreign investment, foreign minister says Read More »
By Hernan Nessi BUENOS AIRES (Reuters) – Economic activity in Argentina likely fell again in November versus the same month a year earlier, but less than the 0.7% contraction in October, a Reuters poll of market analysts on Wednesday showed. The median forecast from 13 analysts sees economic activity shrinking 0.6% year-on-year in November, the …
Argentina economic activity seen contracting less in November Read More »
By Abigail Summerville NEW YORK (Reuters) – The owners of Spotless Brands are exploring a sale that could value the U.S. car wash operator at nearly $3 billion including debt, according to four sources familiar with the matter. The company is working with investment bank William Blair on the sales process, said the sources, who …
US car wash operator Spotless Brands explores sale, sources say Read More »
BUENOS AIRES (Reuters) – Staff from an International Monetary Fund (IMF) mission are in Argentina discussing a possible new debt deal, an economy ministry source told Reuters on Wednesday, confirming recent comments from the IMF chief about promising conditions for the talks. Argentina’s government is seeking a new loan this year, on top of the …
IMF staff in Argentina for debt deal talks that could boost reserves Read More »
SAO PAULO (Reuters) – Brazilian government officials on Wednesday reaffirmed their commitment to balancing public accounts, as financial markets continue to question the ability of President Luiz Inacio Lula da Silva’s administration to meet its fiscal targets. Lula’s chief of staff, Rui Costa, and Treasury Secretary Rogerio Ceron spoke out in favor of fiscal balance, …
Brazilian government officials renew fiscal balance pledge Read More »
By Brad Haynes DAVOS (Reuters) – The Bank of Israel could reduce short-term interest rates one or two times in the second half of 2025 as long as inflation moves back below 3%, Governor Amir Yaron said on Wednesday. Yaron said that while inflation readings have been good in recent months, easing to a 3.2% …
Israel central bank chief says 1-2 rate cuts possible in 2025 if inflation cooperates Read More »
