Business

US Hits Brazil With a 12.5% Forced-Labor Tariff; Brazil Heads to the WTO

The US imposed a 12.5% forced-labor tariff on Brazil among 60 economies; Brazil will invoke its Reciprocity Law and go to the WTO. The post US Hits Brazil With a 12.5% Forced-Labor Tariff; Brazil Heads to the WTO appeared first on The Rio…

Why fixing the housing crisis for under-40s could trigger 10% Treasury yields

Bond prices will dive as structural inflation builds, says hedge fund manager

How the Houthis blockade of the Red Sea could affect the global economy

NPR's A Martínez asks former U.S. deputy national security adviser Jon Finer what the blockade of the Red Sea by Houthi rebels means for the global economy.

JBS Oman Acquisition: US$150 Million Hub Amid EU Setback

Brazil · Companies Key Facts —JBS Oman deal value US$150 million total investment for an 80% stake, with Oman Food Capital retaining 20%. —Production capacity The hub targets 300,000 tons per year, processing 1,000 cattle, 5,000 lambs, and…

First Thing: Trump imposes fresh tariffs on UK, EU and dozens of other trading partners

Measures replace 10% global duty and come after supreme court declared many of the earlier tariffs illegal. Plus, how secondhand fashion got so expensive Good morning. Donald Trump has imposed a fresh round of tariffs on more than 80…

US-Backed Venezuela Transition Talks Set to Begin in August

US-backed talks on a Venezuela transition are set to begin in August, with the role of María Corina Machado in dispute. The post US-Backed Venezuela Transition Talks Set to Begin in August appeared first on The Rio Times .

Intel rises as strong forecasts signal AI boost for turnaround

Chile’s Winter Storm Damage Climbs Past US$700 Million

Damage from Chile's July winter storm has climbed past US$700 million, about half of it in public infrastructure. The post Chile’s Winter Storm Damage Climbs Past US$700 Million appeared first on The Rio Times .

Brazil Extends Its Gasoline Subsidy as Oil Tops US$100

Brazil extended its R$0.44-per-liter gasoline subsidy for 30 days as Brent crude topped US$100. The post Brazil Extends Its Gasoline Subsidy as Oil Tops US$100 appeared first on The Rio Times .

VW profits plunge and deep job cuts loom amid tough Chinese competition

Carmaker, which is pushing through cost-cutting programme, expects sales to fall by up to 3% this year Volkswagen has reported a steep fall in profits and cut its revenue forecast amid a sales slump in China, as the German carmaker pushes…

Colombia’s GEB Takes Full Control of Four Brazil Power Grids

Grupo Energía Bogotá took 100% control of four Brazilian transmission concessionaires spanning 1,086 km of lines. The post Colombia’s GEB Takes Full Control of Four Brazil Power Grids appeared first on The Rio Times .

Russia’s non-resource exports to EAEU countries up 10% in January-May

State Secretary and Deputy Industry and Trade Minister Roman Chekushov said that EAEU countries account for one-quarter of Russia's total non-resource, non-energy exports