New York City's office market rebounded in the third quarter from a year earlier, though leasing remained below levels seen before the rise of remote work during the COVID-19 pandemic, and higher interest rates and a strong dollar dampened new investment in the sector.
Chile's IMACEC economic activity index, a close proxy of gross domestic product, remained unchanged in August from the same month last year on a good performance of the services sector, the country's central bank said on Monday. When compared with the previous month, the IMACEC index rose by 0.6%.
Major automakers are expected to report modest declines in U.S. new vehicle sales on Monday but analysts and investors are concerned that a darkening economic picture, not inventory shortages, will lead to a drop in future car sales.
Top White House officials met on Friday with oil executives to discuss Hurricane Ian and low gasoline inventories as President Joe Biden warned the industry not to price-gouge consumers, according to two sources familiar with the matter.
Top White House officials met on Friday with oil executives to discuss Hurricane Ian and low gasoline inventories as President Joe Biden warned the industry not to price-gouge consumers, according to two sources familiar with the matter.
Peru's government proposed on Friday "a new approach" for mining companies to end social gaps and avoid conflicts in the sector, a measure taken after several conflicts in the country in recent months. Prime Minister Anibal Torres said during a conference between executives of large mining firms that the new "attitude" aimed to promote local and foreign investment.
Germany's 200 billion euro plan to protect companies and households from soaring energy prices will be scrutinised by the European Commission, EU industry chief Thierry Breton said on Friday.
Top White House officials will meet Friday with oil executives to discuss Hurricane Ian and low gasoline inventories as President Joe Biden warns the industry not to price-gouge consumers, according to two sources familiar with the matter. The White House requested the meeting with oil companies ExxonMobil (XOM), Chevron (CVX) and Marathon Petroleum (MPC) late on Thursday, the sources said.
Brazil's government debt as a share of gross domestic product fell to 77.5% in August, from 78.2% in July, central bank data showed on Friday. The Brazilian public sector recorded a primary deficit of 30.279 billion reais for the month, bigger than the 28.75 billion reais deficit expected by economists polled by Reuters.
The Mexican telecommunications regulator's delayed approval of Wi-Fi 6, a new wireless technology already operating in Brazil, is depriving Mexican homes and businesses of a "historic" increase in internet speeds, sector experts say. Wi-Fi 6 is part of a new generation of innovations, like 5G technology, offering faster connection speeds and greater bandwidth.
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