By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economic recovery is at crunch time for meeting lofty quarterly growth expectations just as a sudden inflation spike adds to worries about the coronavirus pandemic’s...
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American Airlines cutting flights to South America because of COVID-19
WASHINGTON (Reuters) – American Airlines Co said on Monday it will reduce flights to some destinations in South America because the COVID-19 pandemic has reduced demand. The U.S. airline said it was suspending service to Manaus,...
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Brazil’s JBS to buy plant-based meat company Vivera
By Roberto Samora SAO PAULO (Reuters) – Brazil’s JBS will buy Dutch vegetable-based protein company Vivera for 341 million euros ($408.11 million), as the world’s largest meatpacker expands its offerings to appeal to...
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‘Our factories are hungry’ – U.S. farm machinery maker faces dearth of components
By Rajesh Kumar Singh CHICAGO (Reuters) – Farmers flush with cash after a run-up in grain prices are clamoring for farm machinery maker AGCO Corp to get them new equipment in time for this year’s harvest. This is a boom time...
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The cycle turns: Emerging central banks hike rates in March
By Karin Strohecker and Ritvik Carvalho LONDON (Reuters) -Emerging market central banks delivered five net interest rate hikes in March, marking the end of an easing cycle which started in 2019 as central banks in the developing world...
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U.S. stops short of branding Vietnam, Switzerland, Taiwan currency manipulators
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The U.S. Treasury Department on Friday said Vietnam, Switzerland and Taiwan tripped its thresholds for possible currency manipulation under a 2015 U.S. trade law, but refrained from...
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