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GM to pause production one week at Mexico’s Silao pick-ups plant

General Motors Co’s (GM.N) main Mexico plant that makes GMC and Chevrolet pick-up trucks will halt production next week over supply chain issues, the company said Friday. The U.S. carmaker

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Lithium experts skeptical on success of Mexico’s state-run miner

Mexican officials hope a newly created state-run lithium company will catapult the country to the vanguard of the green energy revolution, but industry experts told Reuters hefty costs and international

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U.S. SEC says it adopted two amendments to its whistleblower program rules

The U.S. Securities and Exchange Commission said on Friday it adopted two amendments to whistleblower program rules, including one that would expand the circumstances in which a whistleblower can receive

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ECB’s Knot says he favors large rate hikes

Klaas Knot, a member of the European Central Bank’s governing council, said in an interview with Dutch national broadcaster NOS on Friday that he favours large interest rate hikes to

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Analysis: Investors shun risk as Fed pushes higher-for-longer rates

Investors are bracing for higher interest rates for longer and hunkering down with defensive portfolios which shun high equities risk, as U.S. Federal Reserve Chair Jerome Powell on Friday cautioned

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Some ECB policymakers want 75 basis point hike discussed in Sept

Some European Central Bank policymakers want to discuss a 75 basis point interest rate hike at the September policy meeting, even if recession risks loom, as the inflation outlook is

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Gasoline price drop restrains U.S. consumer spending; monthly inflation brakes sharply

U.S. consumer spending barely rose in July as falling gasoline prices hurt sales at service stations, but monthly inflation slowed sharply, which could reduce the need for the Federal Reserve

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