Corporate debt defaults in the United States have fallen sharply, to $10 billion in the first nine months of 2021, the Treasury Department reported. In 2020, an increasing number of high-yield companies defaulted on their debt obligations, with the default rate for the last four quarters ending in
Senators from the United States questioned the silence of the administration of US President Joe Biden on the energy reform initiative in Mexico. “Public reports indicate that President (Andrés Manuel) López Obrador interprets the Biden administration’s relative public silence on this issue as indifference to or tacit approval
Global FDI flows grew 77% in 2021, to 1 trillion 647,000 million dollars, according to preliminary projections by UNCTAD released this Wednesday. Within this figure, the amount corresponding to developed economies increased 199%, reaching 777,000 million dollars. Meanwhile, FDI flows to developing economies climbed 30% to $870.00 million.
Cyber attacks that block or leak customer data pose significant reputational and operational risks to financial institutions and their suppliers and customers, a report from the US Federal Reserve highlights. While companies implement defensive measures and response plans, cyber attacks continue to rapidly evolve in sophistication and scope.
November 2021 was a relatively mild month for air cargo, with industry-wide freight tonne-kilometres (CTKs) growing 3.7% compared to the same month in 2019, reported the International Association of Air Transport (IATA). This is lower than October’s 8.2% result on the same basis and the lowest rate since
The Canadian mining company New Gold lowered its gold equivalent production in 2021 by 4.3%, to 418,933 ounces. At the end of the year, total production for the fourth quarter was 111,574 ounces of gold equivalent, consisting of 81,072 ounces of gold, 214,030 ounces of silver and 14.2