(Reuters) – The board of directors of Russian top carmaker AvtoVAZ approved the firm’s 2023 investment programme for just under 40 billion roubles ($585 million), Russia’s state news[...]
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Politics
Canada’s First Quantum CEO holds talks with Panama minister: source
By Valentine Hilaire PANAMA CITY (Reuters) -The Chief Executive Officer of Canadian miner First Quantum Minerals met Panama’s commerce and industry minister on Monday to discuss disagreements ov[...]
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Tunisia union threatens to ‘occupy the streets,’ rejects 2023 budget
By Tarek Amara TUNIS (Reuters) – Tunisia’s powerful UGTT union will hold mass protests and “occupy the streets” soon to show its rejection of next year’s austerity budget[...]
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Sanctions to help cut Belarus GDP by 4% in 2022, says PM – Interfax
(Reuters) – The economy of Belarus is expected to shrink by 4% in 2022 after western nations imposed punitive measures, much less than some had forecast, Interfax cited Prime Minister Roman Golo[...]
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ECB must be ready to take the heat and raise rates more, Schnabel says
FRANKFURT (Reuters) – The European Central Bank must be prepared to take the heat and raise interest rates further, including by more than the market expects, if that is needed to bring down inf[...]
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Mexico’s newest oil refinery now seen working at half capacity in mid-2023
By Adriana Barrera MEXICO CITY (Reuters) – Mexican state oil company Pemex’s newest refinery will reach half of its crude processing capacity in July, the national president said on Friday[...]
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U.S. awards defense contract of over $1 billion to Lockheed Martin
By Kanishka Singh WASHINGTON (Reuters) -The U.S. awarded defense contracts to companies on Friday, including one of over a billion dollars to Lockheed Martin Corp, the Department of Defense said in a[...]
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Republican senators propose overhaul of Federal Reserve amid concerns about politics
(This Dec. 21 story has been corrected to show that the proposed bill would subject the Fed general counsel to Senate confirmation, not the Fed inspector general in paragraph 5) By Michael S. Derby NE[...]
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U.S. orders Mastercard to stop blocking competing payment networks
(Reuters) – The Biden administration on Friday said it was ordering Mastercard Inc to stop blocking the use of competing networks to process debit payments. Under a proposed order, Mastercard wo[...]
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