By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hold its benchmark interest rate steady at 97% in the near term with optimism that monthly inflation will slowly[...]
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Latin America
Brazil real to take near-term support from improving economic outlook: Reuters Poll
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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Argentina to push July IMF debt payments to month-end -source
BUENOS AIRES (Reuters) – Argentina will push loan repayments due to the International Monetary Fund (IMF) in July to the end of the month, a person familiar with the matter at the Ministry of Ec[...]
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EMFX will hold gains into 2024 provided central banks hold rates: Reuters poll
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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Mexican airline Viva Aerobus to buy 90 Airbus A321neo planes
By Kylie Madry MEXICO CITY (Reuters) -Mexican airline Viva Aerobus has signed a memorandum of understanding to purchase 90 Airbus A321neo aircraft, the carrier said on Wednesday, in a deal likely wort[...]
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Audi to unveil electric vehicle manufacturing plans in Mexico -sources
By Daina Beth Solomon and Dave Graham MEXICO CITY (Reuters) -German carmaker Audi is this month scheduled to announce plans to begin producing electric vehicles in Mexico, according to three people wi[...]
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As companies bring more jobs to Mexico, US wants labor rights safeguards
By Daina Beth Solomon MEXICO CITY (Reuters) – The U.S. wants Mexico’s government to build strong institutions to protect worker rights as companies aiming to avoid supply chain disruptions[...]
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Remittances to Mexico hit record, but strong peso softens impact
By Kylie Madry MEXICO CITY (Reuters) – Mexico brought in close to $5.7 billion in remittances in May, central bank data showed on Monday, breaking a monthly record that analysts cautioned was so[...]
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Branson, Virgin Group reputations at centre of $250 million London court clash
By Sam Tobin LONDON (Reuters) – British billionaire Richard Branson severely damaged Virgin Group’s reputation by residing in a tax haven while UK-based airline Virgin Atlantic sought a go[...]
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