Economy

• Saturday, June 15th 2019 - 08:35 UTC

  China's main economic indicators slowing down; more stimulus in the pipeline

  

  China's industrial output growth unexpectedly slowed to a more than 17-year low in May, while investment also cooled, in the latest sign of weakening demand in the world's second-largest economy as United States ramps up trade pressure.

• Saturday, June 15th 2019 - 08:20 UTC

  Brazil clashes with Indonesia over the blocking of poultry exports

  

  The Brazilian government has formally asked the World Trade Organization (WTO) to open a panel to investigate Indonesian policies on Brazil's poultry exports, the Agriculture Ministry said on Friday.

• Friday, June 14th 2019 - 09:40 UTC

  Argentine inflation 3.1% in May and 57.3% in twelve months

  

  Argentine consumer prices rose 3.1% in May, the government’s official statistics agency said on Thursday. Accumulated inflation in the 12 months through May came to 57.3%, and year-to-date inflation was 19.2%, according to the National Census and Statistics Institute, known by its acronym, INDEC.

• Thursday, June 13th 2019 - 09:31 UTC

  Chilean copper miners on the verge of strike as of Friday

  

  More than 3,200 workers at Chile's huge Chuquicamata copper mine plan to go on strike this week after union-management talks broke down, state-run miner Codelco - the world's largest copper producer - said on Wednesday.

• Thursday, June 13th 2019 - 09:17 UTC

  Global food prices rose for the fifth consecutive month in May

  

  Global food prices rose for the fifth consecutive month in May, pushed up by rising prices of cheese and maize due to adverse weather conditions. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly traded food commodities, averaged 172.4 points in May, up 1.2 per cent from the previous month while still 1.9 per cent below its level in May 2018.

• Thursday, June 13th 2019 - 08:52 UTC

  Fiscal reforms crucial for Brazil's economy recovery, says the Central bank

  

  The Brazilian economy’s ability to emerge from its current funk and return to “more robust” levels of growth largely hinges on the approval and implementation of fiscal reforms, the central bank’s deputy governor said in London.

• Wednesday, June 12th 2019 - 08:40 UTC

  US beats expectations: net oil exporter on a monthly basis starting November

  

  The US will become a net oil exporter for the first time on a monthly basis in November, with crude and refined product exports exceeding imports by 220,000 b/d, the Energy Information Administration said on Tuesday.

• Wednesday, June 12th 2019 - 07:54 UTC

  Argentina grain exporters ready to replace the US as main supplier of Mexico

  

  If trade strife continues between the United States and Mexico despite a deal struck on Friday, Argentine grain exporters are ready to step in to meet Mexican food demand, the head of an Argentine industry chamber said.

• Wednesday, June 12th 2019 - 04:34 UTC

  Retail giant Amazon becomes the world's most valuable brand, says Top BrandZ

  

  US retail giant Amazon has moved past hi-tech titans Apple and Google to become the world's most valuable brand, a key survey showed on Tuesday. The brand value of Amazon surged by 52% to US$315 billion, global market research agency Kantar said in its 2019 100 Top BrandZ report.

• Tuesday, June 11th 2019 - 19:56 UTC

  Madrid ignores Trump's warnings: Huawei 5G service network for Spanish cities

  

  Chinese telecoms giant Huawei is set to roll out its 5G service in several Spanish cities on Saturday, making it one of the first European countries with the ultrafast mobile phone network.