Barrick Gold is planning a US IPO for its North American gold business, including its joint-venture interests in Nevada and the Dominican Republic; proceeds will accrue to Barrick and be used for shareholder returns.

In minutes of the Nov. 4 policy meeting, Brazil's central bank said evidence that high interest rates are weighing on economic activity is gradually accumulating, but accelerating inflation and worsening inflation expectations require monetary policy to remain tight. The board kept the Selic rate at 13.75% after five consecutive cuts totaling 125 bps. The minutes said economic activity is losing momentum after a period of high borrowing costs; the labor market has shown some cooling but remains resilient. Headline and core inflation have accelerated and inflation expectations have risen above the 3% target across all horizons.

At a Nov. 11 regular briefing, Foreign Ministry spokesperson Guo Jiakun said China’s stance on U.S. chip exports to China remains consistent, responding to a Reuters question about U.S. lawmakers urging tighter tech export controls after concerns over an incident involving Jensen Huang.