Chilean political parties agreed to revive the process to write a new constitution after three months of intense negotiations, following an overwhelming vote to reject a first proposal in September.
Supporters of President Jair Bolsonaro clashed with police in Brazil’s capital after an indigenous leader who sought to stop the certification of Luiz Inacio Lula da Silva was arrested by determination of a top court justice.
FTX co-founder Sam Bankman-Fried was accused by US regulators of carrying out a multi-year scheme to defraud investors.
United Airlines Holdings Inc. agreed to buy 100 Boeing Co. 787 Dreamliners as part of a multibillion-dollar order for as many as 300 new aircraft, revamping the carrier’s fleet with one of the largest plane deals in recent years.
Volkswagen AG said surging energy prices have hurt electric-car demand in Europe in recent months, though growth in the US is helping offset the slowdown.
The value of global trade is set to reach a new record this year, increasing by about 12% to an estimated $32 trillion, according to a UN report that signaled a slowdown heading into 2023.
The US Securities and Exchange Commission alleged in a court filing that Sam Bankman-Fried defrauded investors in FTX Trading Ltd., saying he was “orchestrating a massive, years-long fraud, diverting billions of dollars of the trading platform’s customer funds for his own personal benefit and to help grow his crypto empire.”
European Union nations reached a preliminary agreement to clear the way for Ukraine to receive aid from the bloc worth €18 billion ($19 billion), while French President Emmanuel Macron separately pledged $132 million of emergency help to the nation through the winter.
(Bloomberg) — The Bank of England said 4 million households will feel a significant increase in mortgage payments next year and a further 2 million by 2025, adding to headwinds facing the housing market.
Thyssenkrupp AG is increasing its submarine production capacity in Germany, the latest sign that Russia’s invasion of Ukraine is upending Europe’s security landscape.
