Economy

• Wednesday, September 12th 2018 - 08:21 UTC

  Brexit threatening prospects of Jaguar and Land Rover, according to Tata Motors

  

  Protracted Brexit talks are weighing on the recovery prospects of Jaguar Land Rover, according to its Indian owner. The focus of Tata Motors, which bought JLR in 2008 from Ford, is to ensure the automaker remains financially strong in the face of the challenges, Tata Sons Chairman Natarajan Chandrasekaran said in an interview over the weekend. Tata Sons is the parent of Tata Motors.

• Wednesday, September 12th 2018 - 08:13 UTC

  Argentina equities and Peso slide, in line with Brazil's political situation

  

  Argentine equities and the Peso continued on Tuesday their slide amid global trade tensions, uncertainty about Argentina's 2019 fiscal budget, talks between the government and the International Monetary Fund and the political situation in Brazil, which together with China are Argentina's main trade partners

• Tuesday, September 11th 2018 - 09:50 UTC

  Macri will receive the Global Citizen Award for his commitment to economic reform

  

  Mauricio Macri, president of Argentina, Erna Solberg, Prime Minister of Norway and Hamdi Ulukaya, founder, chairman and CEO of Chobani and founder of the Tent Partnership for Refugees, will be honored by the Atlantic Council with the Global Citizen Awards, during a ceremony on the evening of September 24 in New York, NY. All three distinguished honorees have confirmed attendance and will speak at the event.

• Tuesday, September 11th 2018 - 09:29 UTC

  El Niño 2018/19 could be a repeat of 2015/16, cautions WMO

  

  There's a 70% chance of a recurrence of the El Niño weather event before the end of this year, according to the World Meteorological Organization. The last El Niño occurred in 2015-16 and impacted weather patterns around the world, but researchers say they are not expecting this new one to be as intense as 2015-16.

• Tuesday, September 11th 2018 - 09:12 UTC

  Argentine equities and Peso lose ground on Monday: IMF and budget concerns

  

  Argentine equities and the peso both lost ground on Monday as analysts said intervention in the foreign exchange market by the nation's central bank may prove less successful than originally hoped.

• Tuesday, September 11th 2018 - 08:59 UTC

  Argentina organizing to become a leading exporter of natural gas

  

  Argentina's biggest natural gas transporter, Transportadora de Gas del Sur, and Texas-based Excelerate Energy, signed on Monday a memorandum of understanding to evaluate building the country's first liquefaction plant, as rising natural gas production fuels export prospects.

• Tuesday, September 11th 2018 - 08:51 UTC

  US economy “booming”, but only 38% approve of Trump, according to opinion polls

  

  United States voters love the performance of the economy, but it has failed to translate into higher approval for President Donald Trump, according to one new poll. The disconnect is perhaps the biggest challenge facing Republicans as they battle to keep control of Congress in November's midterm elections.

• Tuesday, September 11th 2018 - 08:43 UTC

  EU Barnier's “realistic” comments on Brexit help prop sterling

  

  Sterling surged against the dollar and Euro on Monday after the European Union's chief negotiator said a Brexit deal was “realistic in six to eight weeks”. For the second time in less than a week, Michel Barnier has signaled his desire to move ahead on the Brexit negotiations, less than seven months before the United Kingdom is slated to leave the European Union on March 29, 2019.

• Tuesday, September 11th 2018 - 08:33 UTC

  UK economy outperforms boosted by services and construction sectors

  

  The United Kingdom economy bounced back in July as the services sector rebounded and construction output reached a record high. The Office for National Statistics (ONS) said the economy expanded 0.3% in July, while gross domestic product (GDP) rose 0.6% on a three-month basis.

• Tuesday, September 11th 2018 - 08:13 UTC

  Argentina raises 17% price of biodiesel used in domestic fuel mixes

  

  Argentina raised the price of biodiesel used in domestic fuel mixes in response to a sharp devaluation in the Peso currency and new taxes on primary exports, the government said in its official gazette on Monday.