TEHRAN (ANA)- The Joe Biden administration has now outpaced the previous Donald Trump administration in approving permits for drilling on public lands, and the United States is producing more oil than any country ever has, reported The Washington Post (WP).
TEHRAN (ANA)- Brazil expects to harvest 298 million tons of cereals, legumes and oilseeds this year, a 5.5 percent year-on-year drop from last year's record harvest, the state-run Brazilian Institute of Geography and Statistics reported.
TEHRAN (ANA)- Brazil's revenue collection hit a record high of 1.289 trillion reals (228.57 billion U.S. dollars) in the first half of the year, up by 9 percent year on year, the Federal Revenue service said in its latest report.
TEHRAN (ANA)- Chile's government downgraded its economic growth forecast for 2024 from 2.7 percent to 2.6 percent, and lowered its inflation forecast for the year to 3.7 percent, the Finance Ministry said.
TEHRAN (ANA)- Intel Corporation reported its financial results for the second quarter of 2024, with a revenue of 12.8 billion U.S. dollars, down 1 percent year over year.
TEHRAN (ANA)- Intel said it will cut 15,000 jobs across the company as the chipmaker pursues fundamental changes amid growing competition from its rivals.
TEHRAN (ANA)- U.S. employers added only 114,000 jobs in July, raising unemployment to 4.3 percent and signaling a continuous cooling-down of the labor market, the U.S. Labor Department reported.
TEHRAN (ANA)- Brazil's financial market reduced its inflation forecast for 2024 from 4.02 to 4 percent and raised the forecast for 2025 from 3.88 to 3.90 percent, the central bank said.