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Bank of England's Mann says she is ready to raise rates if inflation outlook darkens

Bank of England policymaker Catherine Mann said on Thursday that she would be ready to vote for a rate rise if higher inflation expectations make it less likely that inflation will return to its 2% target."If outturns – especially in expectations – are unfavourable to the underlying inflation proce…

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Economy
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Global commodities company ETG enters Brazil with Tocantins fertilizer project 

By Roberto SamoraGlobal commodities company ETG will install a fertilizer facility at VLI's logistics complex in Palmeirante, Tocantins state, marking the company's entry into Brazil, VLI said on Thursday.• ETG, present in over 45 countries, will invest about 26 million reais ($4.3 million) in the…

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Futures

Dollar slides after soft jobs report, yen surges

By Karen Brettell and Harry RobertsonThe dollar fell sharply on Thursday after the closely watched June employment report showed U.S. employers added far fewer jobs than expected, while the Japanese yen surged as traders braced for possible intervention by Japanese authorities.Employers added 57,00…

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Forex
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Barcelona introduces heat-monitoring bracelets for its outdoor workers

By Horaci GarciaWith Spain already sweltering under successive heatwaves that caused more than 1,000 excess deaths in June, Barcelona has begun to hand out heat-monitoring bracelets to its outdoor workers to act as an early warning system for health risks.The city has rolled out around 1,400 bracel…

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Economy
NEWS reuters

Peru declares state of emergency in 40% of districts ahead of El Niño rains

Peru's government declared a state of emergency in 796 districts —about 40% of the country's total— citing imminent danger from heavy rains associated with El Niño weather phenomenon, according to a government decree published Thursday.The 60-day measure enables the government to carry out extraord…

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