Brazil's government said it will issue a provisional measure to offset the cost of a controversial payroll tax exemption as it seeks to maintain the benefit of derailing efforts to hit its main fiscal target this year. The measure will limit the compensation of tax credits for companiesthe Ministry of Finance announced on Tuesday. The ...
Oil futures extended declines on Tuesday following Opec+'s plan to return barrels to the market earlier than expected, raising fears of oversupply in the market. Brent fell as much as 2%, below US$77 per barrel, extending the previous day's losses. West Texas Intermediate was trading at around $72.50. The Opec+ alliance is scheduled to begin ...
El Economista – Mexico City In March, the fixed investment made in Mexico, measured through the Monthly Indicator of Gross Fixed Capital Formation (IMFBCF) grew 0.8% monthly seasonally adjusted, resulting in three months of gradual improvement, according to data published this Tuesday by the National Institute of Geography and Statistics (Inegi). In February the growth ...
Oil widened losses after Opec+ establish a plan to return some barrels to the market this year. Brent fell below $81 a barrel after a three-day decline, and West Texas Intermediate traded near $77. Production cuts will continue in full in the third quarter and then be phased out over the next 12 months, the ...
Media mogul Rupert Murdoch, 93, married his fiancée, Elena Zhukova, a 67-year-old retired biologist, in the United States.who has become the fifth woman Murdoch has married, Fox News reported this Sunday. The wedding, held on Saturday afternoon at a vineyard estate that Murdoch owns in Bel-Air, California, was attended by family and close friends of ...
Opec+ agreed to extend its oil supply cuts, delegates said, as the group continues its efforts to avoid a global surplus and prop up prices. So-called “voluntary” cuts from key members including Saudi Arabia and Russia, which amount to about 2 million barrels per day and were due to expire at the end of June, ...
Through their X accounts, the presidents of Colombia and Venezuela, Gustavo Petro and Nicolás Maduro, congratulated their new Mexican counterpart Claudia Sheinbaum, who won the elections with between 58.3% and 60.7% of the votes, according to a quick count of samples carried out by the electoral referee, establishing herself as the first female president of ...
The prosecutor of the 'Villarjo case', Alejandro Cabaleiro, has asked Judge Manuel García Castellón this month to open an oral trial against Bbva, former president Francisco González and several directors and former directors of the entity for alleged crimes of bribery and revelation of secrets. The Anti-Corruption Prosecutor's Office has requested that an oral trial ...
Financial Diary – Santiago Late at night, and after reviewing a contract of more than 600 pages, the boards of directors of Codelco and SQM gave the go-ahead to the pact that creates a company with a state majority and that will operate by 2060. The pact was signed by the presidents of Codelco, Máximo ...
The Panama Canal Authority (ACP) announced an increase to 45 feet (about 13.71 meters) of the maximum draft authorized for vessels in the Neopanamax locks of the sea route, from the 44 feet allowed until now, before the arrival of the canal season. rains. The Central American canal, through which around 5% of global trade ...
