Business

The U.S. Open Has Been Quietly Releasing Tickets for Its Popular Tournament

On Wednesday, hundreds of face-value tickets appeared on Ticketmaster. The United States Tennis Association said it periodically releases tickets it holds for a variety of reasons.

A Sprint to Decipher U.S.-Canada Tariffs: ‘Are Sprinkles on the List?’

President Trump’s levies on a long, eclectic list of products from Canada has companies scrambling to figure out if their supply chains are affected.

Vale HMM Charter: US$3.5 Billion Iron Ore Deal Spans 25 Years

BRAZIL · BUSINESS Key Facts —The deal: The Vale HMM charter is signed: South Korea’s HMM will haul Vale iron ore under a 4.7 trillion won (US$3.5 billion) package of 25-year contracts, the carrier announced on Tuesday. —The ships: Eight…

AI-powered documentary tests cinema's boundaries in Venice

Brazil Opens Non-Resident Accounts as Mexico Demands Residency for Foreign Banking

Banking Latin America foreigners can use in 2026: which countries allow non-resident accounts, required documents, fintech bridges like Wise and Pix rails. The post Brazil Opens Non-Resident Accounts as Mexico Demands Residency for Foreign…

30-year fixed mortgage rate tops 7% for the first time in over a year

The average rate on the 30-year fixed mortgage crossed over 7% for the first time in more than a year, as home prices continue to rise and sales drop.

Fitch: Colombia’s 2027 Budget Puts Debt on a Steeper Path

COLOMBIA · ECONOMY Key Facts —The warning Fitch says Colombia’s 2027 budget shows a deep imbalance and requires a significant adjustment effort. —The deficit The government now projects a 2027 fiscal deficit of 9.4 percent of GDP, against…

Volkswagen Restructuring: US$18.6 Billion Earmarked for Cuts and Plants

Europe's biggest carmaker has put a price on its reinvention: 16 billion euros for 100,000 total job cuts and a smaller industrial footprint. What it means for Latin America. The post Volkswagen Restructuring: US$18.6 Billion Earmarked for…

US Producer Prices Rise Most in Three Months on Energy Surge

A measure of producer price inflation showed renewed pressure from rising energy prices last month, potentially adding to the case for an interest-rate hike at the Federal Reserve’s meeting next week. The producer price index rose 0.4% in…

Brent crude price on ICE tops $107 per barrel for first time since May 21 — trading data

WTI crude futures for October delivery rose by 5.65%

Russia cut oil production by 160,000 bpd month-on-month in August — OPEC

Currently, Russian oil production is limited by the OPEC+ agreement

Why are we giving a £24bn-a-year subsidy to profitable commercial banks? | Letter

Gerald Holtham suggests that it time to cut the 3.75% that the Bank of England pays out on the lenders’ reserves There are increasing calls for a windfall tax on banks ( Taxing the banks: what Europe’s windfall levies brought in as Burnham…