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Central America

Santander expanding investment bank in US and UK, sources

BY Reuters  • July 14, 2023July 14, 2023
By Jesús Aguado, Andres Gonzalez and Iain Withers MADRID/LONDON (Reuters) – Santander is accelerating growth of its investment bank by hiring at least 50 bankers primarily in the United States,[...]
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Business Central America Economy Europe Latin America UK US

Analysis-Tumbling US dollar a boon to risk assets across the globe

BY Reuters  • July 14, 2023July 14, 2023
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Cooling U.S. inflation is accelerating a decline in the dollar, and risk assets around the world stand to benefit. The dollar is down nearly 13% against[...]
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Asia Business Canada Central America Economy Europe Latin America UK US

Exclusive – Mexico’s Pemex to lose some 100,000 bpd of crude this month after fire – source

BY Reuters  • July 11, 2023July 11, 2023
By Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s state oil company Petroleos Mexicanos will see its crude output reduced by some 100,000 barrels per day (bpd) until the beginning of[...]
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Business Central America Environment Latin America

Countries repatriating gold in wake of sanctions against Russia – study

BY Reuters  • July 10, 2023July 10, 2023
By Marc Jones LONDON (Reuters) – An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to an Inves[...]
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Africa Asia Business Central America Economy Europe Latin America Middle East UK US

Mexican Pemex estimates platform fire shut in 700,000 barrels of oil

BY Reuters  • July 9, 2023July 9, 2023
MEXICO CITY (Reuters) – Mexican oil company Pemex estimates that a deadly fire on a major offshore platform off the southern edge of the Gulf of Mexico has led to the loss of 700,000 barrels of[...]
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Business Central America Environment Latin America

Analysis-Peru copper miners say red tape snarling red metal production ramp-up

BY Reuters  • July 7, 2023July 7, 2023
By Marco Aquino LIMA (Reuters) – Copper miners in Peru, already battling political uncertainty and regular protests, say they have another hurdle to revving up stalled production of the red meta[...]
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Africa Asia Australia Business Central America Environment Europe Latin America Politics Top News Updated US

Analysis: Decades of US corn export dominance fade as Brazil seizes top supplier crown

BY Reuters  • July 7, 2023July 7, 2023
By Karl Plume CHICAGO (Reuters) – U.S. corn export dominance is fading in an increasingly competitive global marketplace as Brazil, aided by a new supply agreement with China, is set to out-ship[...]
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Asia Business Central America Economy Latin America US

Brazil real to take near-term support from improving economic outlook: Reuters Poll

BY Reuters  • July 6, 2023July 6, 2023
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s currency will likely enjoy some support in the near term from faster economic growth and progress on reforms, despite the prospect of les[...]
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Business Central America Economy Latin America

EMFX will hold gains into 2024 provided central banks hold rates: Reuters poll

BY Reuters  • July 6, 2023July 6, 2023
By Vuyani Ndaba JOHANNESBURG (Reuters) – Emerging market currencies will hold on to gains into next year provided their respective central banks hold or only moderately prune already-high intere[...]
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