A World Bank arbitration panel lowered an initial $8.7 billion award to U.S. oil company ConocoPhillips as compensation for Venezuela's 2007 expropriation of its assets to $8.5 billion, according to a decision dated Aug. 29 posted online.
Argentina's central bank will maintain a tight monetary policy despite changes to recently implemented currency restrictions, central bank President Guido Sandleris said on Monday.
In the early hours of Monday morning in Buenos Aires, before banks had opened their doors, winding lines of customers waited to withdraw savings after Argentina's government imposed capital controls restricting dollar purchases and transfers.
Walmart Inc's Mexico unit has begun offering delivery within three hours for certain home and tech products ordered online, it said on Monday, taking another step to try to best e-commerce rival Amazon.com Inc at speedy shipping.
Global stocks were hit by U.S.-China trade frictions on Tuesday while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated he could call an election to stymie lawmakers' efforts to avert a no-deal Brexit.
Papua New Guinea will start preliminary hearings on Sept. 19 into the terms of a A$1.2 billion ($810.5 million) loan from Swiss bank UBS used for an ill-fated government investment in the gas sector, the inquiry's chairman said on Monday.
Global stocks faced headwinds on Tuesday, stymied by U.S.-China trade frictions while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated he could call an election to block lawmakers' efforts to avert a no-deal Brexit.
Here's a list of recession signals that are worrying investors the U.S. might be going into recession.
China and the United States began imposing additional tariffs on each other's goods on Sunday, the latest escalation in a bruising trade war, despite signs that talks would resume some time this month.
China on Sunday started to impose additional tariffs on some of the U.S. goods on a $75-billion target list, with effect from 0401 GMT.
China and the United States began imposing additional tariffs on each other's goods on Sunday, the latest escalation in a bruising trade war, despite signs that talks would resume some time this month.
President Trump rattled Wall Street when he demanded U.S. firms move production out of China, but many have already taken steps to do so.
Decades of discrimination by the federal government and America's financial institutions has induced an almost trauma-like response in many people of color, particularly African Americans, making them less likely to seek credit.
The world of competitive video games is coming out of "stealth mode" in the United States, analysts at Needham say.
The initial reception for a re-launched version of a classic video game points to potential stock price growth of Activision Blizzard Inc, with new titles from key franchises also bolstering the company's outlook, according to Barron's.