Latest in U.S. crude oil rises more than 1%, closes above $71 per barrel amid Fed rate cut optimism
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Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
American interest rates need to rise
Lessons for the US from the Brazilian canary in the coal mineWorld - Financial Times - October 15 -
InterContinental Hotels' Revenue Per Available Room Rises
The group said it expected to close out the year in line with market expectations after third-quarter revenue per available room rose on year.Business - The Wall Street Journal - October 22 -
Mexico ex-drug czar sentenced to more than 38 years in U.S. prison over cartel bribes
Genaro Garcia Luna, who led Mexico’s fight against the country’s violent drug trade, was sentenced to more than 38 years in U.S. prison for accepting bribes from the cartels he was supposed to fight.Top stories - NBC News - October 17 -
Main engine of U.S. economy posts fastest growth in more than two years, ISM finds
Service-oriented companies such as retailers and restaurants grew in October at the fastest pace in more than two years, a survey found, and offered further evidence of strong momentum in the U.S. ...Business - MarketWatch - November 5