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Mexico keeps IMF credit line, to maintain access to around $47 bln

By phpfivenet December 8, 2022December 2, 2022

The International Monetary Fund (IMF) concluded that Mexico still meets the eligibility criteria for a flexible credit line, the country's central bank said on Thursday. Mexico's Foreign Exchange Commission decided…

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Business

Fonterra divests Chile operations for $641 mln to Peru’s Gloria Foods

By phpfivenet December 7, 2022December 2, 2022

New Zealand's dairy exporter Fonterra Co-operative Group (FCG.NZ) said on Friday that it was selling its dairy operations in Chile to Peruvian firm Gloria Foods in multiple transactions worth about…

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Business

Chrysler recalling 280,000 heavy-duty trucks for fire risks

By phpfivenet December 6, 2022December 2, 2022

Chrysler-parent Stellantis is recalling 280,000 Ram heavy-duty diesel trucks worldwide for fire risks, a filing with the National Highway Traffic Safety Administration and a company statement showed on Thursday. The…

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Business

Pakistan, IMF plan to move fast on bailout programme

By phpfivenet December 5, 2022December 2, 2022

Pakistan and the International Monetary Fund (IMF) will "expeditiously" finish their technical engagement as part of the ninth review of Pakistan's bailout programme, Pakistan's finance ministry said on Thursday. Pakistani…

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Business

Eight SpaceX employees say they were fired for speaking up against Elon Musk

By phpfivenet December 4, 2022December 2, 2022

Eight former employees of SpaceX have filed unfair labor practice charges with a U.S. labor board against the rocket maker, alleging they were let go for speaking up against founder…

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Business

FAA OKs new $4.2 billion terminal at New York’s JFK airport

By phpfivenet December 3, 2022December 2, 2022

The Federal Aviation Administration (FAA) granted final environmental approval for construction of a new $4.2 billion terminal at New York City's John F. Kennedy International Airport, the state said on…

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Business

Binance to relaunch bid to buy bankrupt Voyager Digital

By phpfivenet December 2, 2022December 2, 2022

Crypto exchange Binance's U.S. unit is relaunching its bid to buy bankrupt lending platform Voyager Digital, Coindesk reported on Thursday, citing a person familiar with the matter. The report comes…

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