Since 2011, Peruvians have lived under seven presidents and seen four ex-leaders detained or wanted on corruption allegations. Yet, in the same period Peru has held onto the unlikely title of the fastest growing major economy in Latin America.
U.S. stock index futures edged up on Thursday ahead of labor market data, while investors assessed the Federal Reserve's July meeting minutes that suggested the central bank might pursue a less aggressive monetary policy tightening path.
Kohl's Corp cut its full-year sales and profit forecasts on Thursday, squeezed by steeper discounts and higher costs amid dwindling demand for clothing and shoes in the face of high inflation.
China's banking regulator is scrutinising property loan portfolios of some local and foreign lenders to assess systemic risks, sources with knowledge of the matter said, as a crisis in the real estate sector worsens and weighs heavily on the economy.
From $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such "aspirational" purchases.
A Chevron-led joint venture has agreed to redirect 2.6 billion cubic metres (bcm) of gas per year towards Kazakhstan's domestic market instead of exporting it, Kazakh President Kassym-Jomart Tokayev's office said on Thursday.
Estee Lauder Cos Inc on Thursday forecast full-year sales and profit below estimates, due to a hit from COVID-19-related lockdowns in major market China.
Tapestry forecast full-year earnings below estimates after reporting lower-than-expected quarterly revenue on Thursday, as lockdowns in China hurt sales of its designer handbags and apparel in the country.
Chinese car manufacturer Chery is in talks with Russian manufacturers about producing cars in Russian plants, Russia's state-owned news agency TASS reported on Thursday, citing Vladimir Shmakov, director of Chery's Russian branch.
