While according to Brazil's Insitute of Geography and Statistics (IBGE), retail sales fell below expectations in June, payments with credit and debit cards were on the rise, it was reported Wednesday.Add your comment!
Venezuelan oil exports fell by 17% in May compared to April, due to the difficulty to sell barrels of heavy crude oil that US refiners used to buy and process before the sanctions imposed on the Nicolás Maduro government, reported Reuters.
Two Reuters journalists jailed in Myanmar after they were convicted of breaking the Official Secrets Act walked free from a prison on the outskirts of Yangon on Tuesday after spending more than 500 days behind bars, witnesses said.
Vale SA, the world’s largest iron ore miner, knew last year that the dam in Brazil that collapsed in January and killed at least 165 people had a heightened risk of rupturing, according to an internal document, Reuters reported on Monday
Shares in Johnson & Johnson plunged more than 10% on Friday, after Reuters reported that the US pharmaceutical giant had known about asbestos tainting its talcum powder for decades.
Brazilian conglomerate Odebrecht SA's will use part of a 2.6 billion reais (US$709.96 million) bank loan to repay a loan in arrears with state-controlled bank Banco do Brasil SA, according to sources quoted by Reuters. Under the terms of an agreement announced on Friday, the engineering group, at the center of a corruption scandal, will repay a 100 million reais debt to Banco do Brasil.
Thomson Reuters, which operates trading systems for financial institutions around the world, is moving its foreign exchange derivatives trading business to Dublin from London. The company said it was moving so that post-Brexit it would still be regulated by European Union rules and could continue to sell into the EU.