(Bloomberg) — Investors should buy “dull” companies that generate steady cash flows as stock markets face growing headwinds from inflation and a potential economic slowdown, according to the chief executive officer of Causeway Capital Management. Read More
LIMA — Peru’s Cabinet met on Friday to try and find a truce to the ongoing conflict that has paralyzed operations at MMG Ltd’s Las Bambas copper mine, but ministers left in the afternoon without announcing a decision. Read More
NEW YORK — Frontier Group Holdings Inc has agreed to offer a break-up fee in a bid to secure its $2.9 billion acquisition of Spirit Airlines Inc, people familiar with the matter said on Thursday. Read More
SEOUL — South Korea’s consumer prices in May rose faster than expected and at their fastest annual pace in nearly 14 years, government data showed on Friday. Read More
WASHINGTON — Sony on Thursday said it formed a new company that will build and supply devices that allow small satellites in orbit to communicate with one another via laser beams, dipping into the fast-growing space sector. Read More
WASHINGTON/NEW YORK — The United States on Thursday added 71 Russian and Belarusian entities to its trade blacklist including several aircraft factories and shipbuilding and research institutes in its latest effort to deprive the Russian military of U.S. technology and other items. Read More
LIMA — Southern Copper Corp said that a fire broke out at its Los Chancas mining project on Tuesday evening, at around the same time as another fire started at MMG Ltd’s Las Bambas copper mine, sources said, amid intensified protests against mines in recent months. Read More
NAPERVILLE — Chicago corn bulls were deflated on Wednesday as futures dropped below a key level for the first time in seven months, and that comes after the most-active contract’s largest monthly decline in nearly a year. Read More
WASHINGTON — The administration of President Joe Biden on Wednesday revoked a series of restrictions on flights to Cuba imposed by his predecessor, including ending a prohibition on U.S. airline flights to Cuban airports other than Havana. Read More