Reuters

By Marcela Ayres

BRASILIA (Reuters) - Brazil's economy rebounded from a sluggish second half of 2023 as expected on stronger private investments and household demand amid a robust labor market, official figures showed on Tuesday.

While the data supports a more optimistic outlook for Latin America's largest economy than earlier this year, concerns remain about the impact of historic flooding in southern Brazil, which has left a trail of... (continue reading...)

(Reuters) - Bath & Body Works forecast full-year profit largely below market estimates on Tuesday and said it expects annual sales to drop, signaling demand for its scented candles and body care products would remain subdued amid sticky inflation.

Shares of the Ohio-based beauty and skincare company fell 8.8% in premarket trading as it also expects second-quarter profit below estimates.

Customers with constrained budgets are still... (continue reading...)

By Joanna Plucinska

BERLIN (Reuters) - Boeing's board is prepared to make decisions as the planemaker's Chief Executive David Calhoun is set to step down at the end of the year, he told Reuters on Wednesday, adding that the decision on his successor is up to the board.

"The board is prepared to make their decisions, they have time to be able to make them," Calhoun said on the sidelines of an aviation conference in Berlin, adding that he... (continue reading...)

MOSCOW/ANKARA (Reuters) - Russia welcomes Turkey's reported desire to become part of the BRICS group of nations, Kremlin spokesman Dmitry Peskov said on Tuesday, saying the subject would be on the agenda of the organisation's next summit.

Peskov said there was heightened interest in BRICS - a group comprising Brazil, Russia, India, China, South Africa, Ethiopia, Iran, Egypt, and the United Arab Emirates - from various states, but said it was unlikely... (continue reading...)

By Cassandra Garrison

MEXICO CITY (Reuters) - Mexico's President-elect Claudia Sheinbaum, an accomplished climate scientist, could struggle to fulfill her environmental pledges after she sailed to victory, in part, on the popularity of a predecessor who doubled down on fossil fuels.

Sheinbaum, elected as Mexico's first woman president by a sweeping margin Sunday, inherits a country grappling daily with climate change and environmental... (continue reading...)