RPT-Brazil hikes mining royalties to ease budget deficit
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sales of more-profitable pickup trucks, but forecast a slightly lower 2017 pre-tax profit, sending its shares down 2. DETROIT, July 26 (Reuters) – Ford Motor Co on Wednesday reported a better-than-expected quarterly net profit due to a lower tax rate and increased U.
Britain this week said it would ban the sale of new petrol and diesel cars from 2040, following France. The mayors of Paris, Madrid, Mexico City and Athens have said they plan to ban diesel vehicles from city centres by 2025.
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82 percent, compared to 13. 37 percent in the first quarter. 1 percent at end-June compared to 9. Bankia’s bad loans fell to 9. 5 percent three months before, while the bank’s fully-loaded capital ratio rose to 13.
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(Reporting by Ann Saphir; Editing by Paul Simao) central bank should address too-low inflation through interest rates instead, Kashkari told a business group in Woodbury, Minnesota. Kashkari has dissented on the Fed’s two rate hikes this year, saying he wanted to wait to see if the recent weakness in inflation is transitory.
Royalties for iron ore will rise to as much as 4 percent, depending on market prices, from 2 percent currently, according the mining ministry website. The new rules, effective immediately, include creation of the National Mining Agency to oversee the mining industry.
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Exxon has been locked in an aggressive back-and-forth skirmish over climate change documents with New York State Attorney General Eric Schneiderman, who has sought to punish the oil producer for what he says are misleading public disclosures.
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The stock was up ahead of Amazon’s second-quarter earnings report after Thursday’s market close. 2 billion, according to Thomson Reuters I/B/E/S. Analysts expect the world’s largest online retailer will report that its sales jumped 22 percent to $37.
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5 trillion balance sheet is not doing a lot to boost the U. economy right now and trimming it gradually is the right thing to do, Minneapolis Fed President Neel Kashkari said on Friday. July 28 (Reuters) – The Federal Reserve’s $4.
All of the changes boosted growth a slight 0. And it also lifted growth by the same 0. 1 percentage point over the eight-year expansion, now the third longest in U. Average GDP growth during the period through the end of last year is now at 2. 1 percentage point over the three-year period.
The new rules, which will go into effect in November if Congress approves them, include the creation of a new agency to oversee the mining industry. Royalties for iron ore will rise to as much as 4 percent, depending on market prices, from 2 percent currently. (Reporting by Anthony Boadle and Jake Spring; Editing by Brad Haynes)
HOUSTON, July 28 (Reuters) – Exxon Mobil Corp posted a rare earnings miss on Friday, the only international oil producer to do so last quarter, as production slipped in its African and Canadian operations.
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