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El Salvador Congress approves $1.5 billion debt issuance May 22, 2024 07:22PM

SAN SALVADOR (Reuters) - El Salvador's Congress on Wednesday signed off on a $1.5 billion debt issuance to finance its credit portfolio and the Central American nation's general budget. 

The issuance, signed off on by 57 lawmakers out of the 60 who voted, could be made on domestic or international markets. The funds raised will go toward paying off debts, issued under previous administrations, that are set to mature. 

... (continue reading...)


Walmart to invest $700 million in Guatemala over 5 years May 22, 2024 07:19PM

GUATEMALA CITY (Reuters) - Walmart plans to invest some $700 million in Guatemala over the next five years, the company's Central America head said on Wednesday.

The announcement by regional executive Cristina Ronski came during the groundbreaking of a new store in the Central American country.

It comes days after the company said during the groundbreaking of a new distribution center in Costa Rica that it would invest around $600... (continue reading...)


Chechen leader meets Russia's Putin, offers more troops for Ukraine May 22, 2024 07:09PM

(Reuters) - The leader of Russia's Chechnya region, Ramzan Kadyrov, said early on Thursday he had met President Vladimir Putin in the Kremlin and offered to send more fighters to help Moscow in its more than two-year-old conflict in Ukraine.

Kadyrov, who has led his South Caucasus region as a Kremlin loyalist since 2007, posted a photo of himself with Putin and said he had discussed the region's economic problems and prospects and invited the president... (continue reading...)


Warner Bros Discovery's TNT signs deal with ESPN for College Football Playoff May 22, 2024 07:03PM

(Reuters) - Warner Bros Discovery's TNT network has signed a five-year deal with Walt Disney-owned ESPN to broadcast select College Football Playoff games, starting from the upcoming college football season.

Walt Disney said on Wednesday TNT will present two-round games for two years and include two quarter-final through 2028 season.

TNT will broadcast the sub-licensed College Football Playoff games among additional TNT Sports... (continue reading...)


Yen slide beyond 155 is a pain point for half of Japan firms, Reuters survey shows - Reuters poll May 22, 2024 07:02PM

By Kiyoshi Takenaka

TOKYO (Reuters) - Nearly half of Japanese firms find the yen's slide beyond 155 to the dollar harmful to their business, roughly double the percentage of those who see the currency's weakness as a positive, a Reuters survey showed on Thursday.

The yen, under pressure from a wide gap between interest rates in the United States and Japan, plunged to a 34-year low of 160.245 yen a dollar late last month. But it has... (continue reading...)


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