Australia

Paraguay received the US delegation for commerce and investment meetings

Paraguay’s tax collection grows 10% in October and exceeds US$450 million

The National Tax Revenue Directorate of Paraguay recorded a collection of US$457.7 million in October, which represents a growth of 10% compared to the same month of the previous year. This increase is equivalent to approximately an additional US$41.5 million and reflects the good general performance of the Paraguayan economy during the period. The positive ...

Novo is close to agreeing with Trump on reducing the prices of anti-obesity drugs

Novo is close to agreeing with Trump on reducing the prices of anti-obesity drugs

Eli Lilly and Novo Nordisk, open a new tabExpected to announce deals with the White House to offer the lowest dose of their weight-loss drugs at $149 a monthin exchange for Medicare coverage, Endpoints News reported Tuesday, citing sources familiar with the matter. Patients in the United States currently pay more for prescription drugs, often ...

Israel seeks to control the fiscal deficit after two years of a costly war in the region

Israel seeks to control the fiscal deficit after two years of a costly war in the region

Israel’s ruling coalition wants next year’s budget to take the country “from conflict to growth,” and estimates that the deficit will be reduced now that a ceasefire with Hamas has been achieved, Finance Minister Bezalel Smotrich said. The government intends to roll back some of the fiscal measures imposed to help finance the two-year war ...

Uber misses profit forecasts despite ride-sharing boom

Uber misses profit forecasts despite ride-sharing boom

Uber Technologies Inc. shares fell after the company posted a lower operating resultas expected in the third quarter and issued an adjusted earnings forecast for the current period that also fell short of analyst estimates. The company announced in a statement Tuesday that its operating income for the quarter ended September 30 reached $1.11 billion. ...

The United States seeks to invest in rare earth companies in its race with China

The United States seeks to invest in rare earth companies in its race with China

The Commerce Department and the Pentagon on Monday pledged funding and possible equity stakes in a domestic producer of rare earth magnets, They are at the center of a trade war with China, the world’s dominant supplier. The Department of Commerce signed a preliminary non-binding letter of intent to provide US$50 million from the Chps ...

Berkshire Hathaway's Brooks plans to expand in China in the next two years

Berkshire Hathaway’s Brooks plans to expand in China in the next two years

Berkshire Hathaway-owned Brooks Running is headed for $2 billion in revenue and to maintain its strong growth plans a major expansion in China. High-end running shoe manufacturer Brooks Ghost aims to have 30 stores there by 2027after opening its first location in China this year. “Running is a booming activity in China,” said Dan Sheridan, ...

Nexperia welcomes announcement of lifting of chip shipment blockade

Nexperia welcomes announcement of lifting of chip shipment blockade

Nexperia BV, the Dutch chipmaker, said on Sunday it welcomed recent statements from the US and Chinese governments removing barriers to the company’s shipment of chips, but declined to comment on statements by its Chinese subsidiary that it will accelerate steps to become independent. Nexperia stated that it is now focused on ensuring stability of ...

Donald Trump confirmed that China knows the risks of any attack on Taiwan

Donald Trump confirmed that China knows the risks of any attack on Taiwan

President Donald Trump said China knows the risks of any attack on Taiwan, but avoided explicitly saying whether The United States would intervene militarily in defense of the democracy of 23 million inhabitants. In an interview broadcast on CBS’ 60 Minutes on Sunday, Trump assured that Chinese leader Xi Jinping “understands what will happen.” if ...

Panama will return to the United Nations Human Rights Council this November

Panama will return to the United Nations Human Rights Council this November

Panama will return to the United Nations Human Rights Council, in order to submit to the mechanism known as the Universal Periodic Review, UPR, this November 5 in Geneva, Switzerland. It is important to note that this will be the fourth examination of this type that the country has undergone, since the previous ones were ...