SAO PAULO (Reuters) – Inflation in Brazil continued to slow down in early May, data from statistics agency IBGE showed on Thursday, in a move that surprised markets and is likely to put more pre[...]
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Latin America
Argentina launches dispute against United States at WTO
GENEVA (Reuters) – Argentina has initiated a dispute against the United States at the World Trade Organization regarding tubular goods used in oil production, the trade watchdog said on Thursday[...]
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HSBC puts global footprint under fresh scrutiny, considers dozen exits
By Lawrence White LONDON (Reuters) -HSBC is reviewing a possible exit from as many as a dozen countries, or one in five of the markets it operates in, to sharpen its focus on Asian expansion, Chief Fi[...]
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Exclusive: Fast-fashion giant Shein plans Mexico factory – sources
By Krystal Hu and Arriana McLymore (Reuters) – Online fashion giant Shein is exploring plans to build a factory in Mexico as one of its manufacturing hubs outside China, sources familiar with th[...]
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Citigroup scraps Mexico unit sale, will pursue IPO instead
By Tatiana Bautzer, Saeed Azhar and Isabel Woodford NEW YORK/LONDON (Reuters) – Citigroup Inc scrapped a $7-billion sale of its Mexican consumer unit and will list it instead, in a surprise move[...]
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Mexico president says does not rule out buying part of Citi unit Banamex
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Wednesday he does not rule out the possibility of the government stepping in to buy a part of U.S. bank Citigroup[...]
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Mexico government open to buying Citigroup’s Banamex
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador’s administration is studying the possibility of buying a majority of shares in Citigroup’s local retail unit kno[...]
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Allkem, set for merger, talks up Argentina’s ‘enormous’ lithium riches
By Lucila Sigal BUENOS AIRES (Reuters) – Australian-based lithium miner Allkem Ltd, set for a $10.6 billion merger with U.S.-based Livent Corp, sees “enormous” opportunity in Argenti[...]
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Boeing CEO predicts supply chain pressure through 2024
By Andrew Mills and Tim Hepher (Reuters) – Boeing Chief Executive Dave Calhoun on Tuesday said it could take until the end of 2024 to iron out sector-wide supply chain problems that have hampere[...]
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