By Ana Mano SAO PAULO (Reuters) -Brazil’s competition authority CADE has given grain traders in the world’s largest soybean exporter 10 days to suspend a program called “soy moratorium” or face hefty fines, in a ruling seen by Reuters on Monday. The two-decade-old private pact seeks to protect the Amazon rainforest, by barring soybean traders …
Brazil regulator suspends soy moratorium, orders probe of exporters Read More »
SYDNEY (Reuters) -A measure of Australian consumer sentiment improved sharply in August as the third cut in interest rates this year bolstered the outlook for finances and the economy, a survey showed on Tuesday. A Westpac-Melbourne Institute survey showed its main index of consumer sentiment climbed 5.7% in July to 98.5, the highest reading since …
Australia August consumer sentiment boosted by rate cuts Read More »
BRASILIA/SAO PAULO (Reuters) -Brazil submitted its formal response to a U.S. trade investigation on Monday, rejecting the allegations while challenging the legitimacy of the probe itself. While calling for “constructive dialogue,” the Brazilian government stated that it does not recognize Washington’s authority to launch the unilateral investigation. The probe, initiated in July under Section 301 …
Brazil challenges legitimacy of US trade probe, urges dialogue Read More »
By Allison Lampert (Reuters) -Air Canada and its union representing 10,000 flight attendants are holding discussions on Monday night with a mediator, a source familiar with the matter said. The Canadian Union of Public Employees, which represents the flight attendants, had continued to strike even after the Canada Industrial Relations Board declared it unlawful. Air …
(Reuters) -A cyberattack at U.S. insurance firm Allianz Life in late July compromised the personal data of 1.1 million customers, according to breach notification site Have I Been Pwned on Monday. Allianz Life had previously said that hackers stole personal information of most of its 1.4 million U.S. customers, financial professionals and select employees. According …
Hack at Allianz Life impacts 1.1 million customers, breach notification site says Read More »
By Wen-Yee Lee TAIPEI (Reuters) -Taiwan’s Foxconn, which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main business is no longer Apple as it takes advantage of the AI-boom to diversify its income. Its revenue from making AI servers and other cloud and networking products, including …
Foxconn’s Apple era fades as AI servers drive growth in Taiwan tech sector Read More »
SAO PAULO (Reuters) -Global miner BHP has agreed to sell copper assets in Brazil to CoreX Holding for up to $465 million, it reported alongside its earnings on Monday. BHP has entered into a binding agreement with CoreX for the sale of the so-called Carajas assets, BHP said, noting the transaction is expected to be …
BHP sells copper assets in Brazil to CoreX for up to $465 million Read More »
By Harshita Mary Varghese (Reuters) -Cable news network MSNBC will change its name and drop the iconic peacock logo as parent Comcast presses ahead with the planned separation of many NBCUniversal cable networks later this year. The left-leaning media company will rename to My Source News Opinion World, or MS NOW, according to internal memos …
MSNBC will become MS NOW, lose peacock logo before Comcast spinoff Read More »
By Johann M Cherian, Sanchayaita Roy and Carolina Mandl (Reuters) -Wall Street’s main indexes closed roughly flat on Monday, after struggling for direction while investors awaited a raft of corporate earnings reports from major retailers for more signs about the state of the economy and the Federal Reserve’s annual symposium in Jackson Hole. Walmart, Home …
Wall Street ends on muted note ahead of Jackson Hole summit, retailers’ earnings Read More »
(Reuters) -Contact lens maker Bausch + Lomb said on Monday Brett Icahn and Gary Hu have resigned from its board of directors after the termination of the agreement with billionaire investor Carl Icahn and some of his affiliates. The agreement, dated June 21, 2022, ended after the Icahn group’s net long position in Bausch Health …
Icahn representations resign Bausch + Lomb board after agreement termination Read More »
