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RIO DE JANEIRO / Bloomberg Brazil’s real advanced for the third week, the longest rally since November, amid growing speculation that a change in government would boost local assets. The currency gained 1.1 percent to 3.5856 per dollar, the strongest level on a closing basis since Aug. 28, bringing its weekly advance to 4.7 percent. It’s up 12 percent this ...

BLOOMBERG U.S. gas drillers battered by the lowest prices in 17 years have found another release valve for their output: Canada. Over the past five years, the shale boom that unlocked vast supplies of natural gas across North America has tripled pipeline shipments from the U.S. to Mexico, and spurred the first seaborne exports from the lower 48 states. Now, ...

BEIJING/ Bloomberg China’s industrial production and retail sales both slowed in the first two months of the year, highlighting the pressure leaders will face to meet this year’s annual growth target even as the central bank governor said major stimulus wasn’t needed. Industrial output rose 5.4 percent from a year earlier in January and February, the National Bureau of Statistics ...

Bloomberg Nestle SA recalled 12 types of products under the DiGiorno, Lean Cuisine and Stouffer’s brands in the US because they may contain small pieces of glass, a setback for brands that the Swiss food company has been trying to revitalise. No injuries have been reported, according to the Vevey, Switzerland-based company, which announced the recall of a “limited” number ...

Bloomberg Ulta Salon, Cosmetics & Fragrance Inc. rallied the most since 2014 after its first-quarter forecast topped analysts’ estimates, helped by growing demand for beauty products. Earnings will be $1.25 to $1.30 a share in the period, the Bolingbrook, Illinois-based company said in a statement. Analysts’ had estimated $1.22 on average, according to data compiled by Bloomberg. The company, which ...

Bloomberg South Korea’s Lotte Group is among suitors that submitted bids for French retailer Casino Guichard-Perrachon SA’s Vietnam grocery business, which could fetch as much as $800 million, people with knowledge of the matter said. Billionaire Charoen Sirivadhanabhakdi’s TCC Holding Co. and Central Group, controlled by Thailand’s Chirathivat family, also submitted first-round offers by the March 10 deadline, the people ...

Bloomberg A leak discovered on a Buckeye Pipe Line Company LP pipe that is the primary source of jet fuel for John F. Kennedy (JFK) International Airport hasn’t affected operations at the hub, according to the Port Authority of New York and New Jersey. “JFK has enough jet fuel for three days, so the airport is equipped to respond to ...

Bloomberg The Fine Arts Museums of San Francisco will be hosting the first ever retrospective of the famous American fashion designer Oscar de la Renta’s work. The exhibition, organised by André Leon Talley, a former editor-at-large for Vogue and lifelong friend of the designer, runs until May 30. The Retrospective features over 130 pieces designed by de la Renta over ...

Relaxnews The White House state dinner on Thursday shone the spotlight, not only on Canada’s royal family and head of state, but on a pair of Canadian-born designers who dressed First Lady Michelle Obama and Sophie Gregoire-Trudeau. The First Lady chose a floral jacquard gown from longtime favorite designer Jason Wu, while Trudeau chose a slim fitting purple gown with ...

Relaxnews Caitlyn Jenner is the new face of H&M’s sports line. Jenner announced the news on Twitter late Thursday, teasing, “So proud to be part of their inspiring #HMSport campaign. #MoreIsComing #StayTuned,” along with a photo in which she poses in a gym, wearing black and white sneakers and sports wear. H&M later confirmed the announcement, also on Twitter. It’s ...