Page 102 - Christopher Cushing News Today

BOGOTA (Reuters) -The technical team of Colombia's central bank on Wednesday lowered its outlook for inflation in 2023 to 9%, from 9.5% previously, and cut its forecast growth for Latin America's fourth-largest economy to 0.9%. The technical team previously forecast Colombia's economic growth at 1% for this year. The revisions in the team's quarterly monetary policy report follows the unanimous decision by the bank's board on Monday to hold the benchmark interest rate ...

BOGOTA (Reuters) -The technical team of Colombia's central bank on Wednesday lowered its outlook for inflation in 2023 to 9%, from 9.5% previously, an...

Asias crude imports lifted to a record high in July as the top-importing regions two biggest buyers, China and India, continued to take large volumes of discounted Russian oil. A total...

U.S. automaker Tesla sold 64,285 China-made electric vehicles in July, down 31% from a month earlier, data from the China Passenger Car Association showed on Thursday. Sales of...

Much of the strength in Asias imports can be put down to China, with Refinitiv estimating the worlds biggest crude buyer saw arrivals of 12.04 million bpd in July, the third consecutive month that imports have been above 12 million bpd.

Japanese trading houses Mitsubishi Corp and Sumitomo Corp posted declines in first-quarter net profit on Thursday, moving away from record-high earnings as global commodity prices fell. ...

-Brazilian brewer Ambev on Thursday reported a 15.2% decline in second-quarter net profit, narrowly missing market forecasts....

TOKYO (Reuters) -Japan's Nintendo on Thursday said it sold 3.91 million units of its Switch console in the April-June quarter, exceeding sales in the same period a year earlier, boosted by the runaway success of its latest "Zelda" title. Investor sentiment has been buoyed by the breakout success of the "The Super Mario Bros. Movie", which leads this year's global box office ranking, and praise for video game "The Legend of Zelda: Tears of the Kingdom" whi...

By Natalia Siniawski (Reuters) -Brazilian brewer Ambev on Thursday reported a 15.2% decline in second-quarter net profit, narrowly missing market forecasts. The subsidiary of Belgium's Anheuser-Busch InBev posted profit of 2.60 billion reais ($540.34 m...

Japans Nintendo on Thursday said it sold 3.91 million units of its Switch console in the April-June quarter. That compared with 3.43 million units sold in the same period a year...