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Climate activists demonstrate outside Brazil embassies in Paris and London

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Demonstrators attend a protest outside the Brazil’s embassy in Paris due the wildfires at Amazon rainforest, France, August 23, 2019. REUTERS/Charles Platiau PARIS/LONDON (Reuters) – Several hundred environmental activists demonstrated on Friday outside the Brazilian embassy in Paris as a clash between the two countries’ leaders over the issue of climate change intensified, while similar Read More

Billionaire industrialist and conservative donor David Koch dies at age 79

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WASHINGTON (Reuters) – Billionaire industrialist David Koch, a driving force behind conglomerate Koch Industries who as one of the world’s richest people became a major financier of conservative causes and political candidates, has died at age 79, his brother said on Friday. FILE PHOTO: Businessman David Koch arrives at the Metropolitan Museum of Art Costume Read More

Brazil’s Bolsonaro says army may help fight Amazon fires as global condemnation mounts

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FILE PHOTO: Brazil’s President Jair Bolsonaro speaks during the Brazilian Steel Conference in Brasilia, Brazil, August 21, 2019. REUTERS/Adriano Machado BRASILIA (Reuters) – Brazil’s President Jair Bolsonaro said on Friday the army could be sent to help combat fires sweeping through the Amazon rainforest, as international condemnation and calls for tough action to quell the Read More

EU piles pressure on Brazil over Amazon fires

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DUBLIN/BRUSSELS (Reuters) – The European Union piled pressure on Friday on Brazilian President Jair Bolsonaro over fires raging in the Amazon basin, with Ireland and France saying they could block a trade deal and Finland urging a ban on Brazilian beef imports. FILE PHOTO: Indigenous people from the Mura tribe show a deforested area in Read More

As bond e-trading takes off, debt sales business may be ripe for automation

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LONDON (Reuters) – With banks’ bond trading desks increasingly going electronic, another of the last bastions of old-school banking – the business of helping companies and countries raise capital – may be about to succumb to the tide of technology. FILE PHOTO: People walk through the Canary Wharf financial district of London, Britain, December 7, Read More

Swedish regulator delays Swedbank money-laundering probe report

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FILE PHOTO: Swedbank signs are seen on the bank’s Latvian head office in Riga, Latvia, April 9, 2019. REUTERS/Ints Kalnins STOCKHOLM (Reuters) – The Swedish Financial Supervisory Authority (FSA) will publish the conclusions of its probe into alleged money laundering in the Baltics by the beginning of next year, it said on Friday, pushing back Read More

Half of Venezuela’s oil rigs may vanish if U.S. sanctions waivers lapse

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By Peter Millard and Fabiola Zerpa on 8/23/2019 RIO DE JANEIRO (Bloomberg) – A looming U.S. sanctions deadline is threatening to clobber Venezuela’s dwindling rig fleet and hamper energy production in the nation with the world’s largest crude reserves. Almost half the rigs operating in Venezuela will shut down by Oct. 25 if the Trump Read More

Pompeo tells Trudeau U.S. focused on release of two Canadians in China

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OTTAWA (Reuters) – U.S. Secretary of State Mike Pompeo on Thursday assured Canadian Prime Minister Justin Trudeau that American officials were working to free two Canadian men who have been held by China since late last year. The pair, now facing espionage charges, were detained after Canadian police picked up Huawei Technologies Co Chief Financial Read More

FRO – Frontline to acquire a fleet of Suezmax tankers from Trafigura

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Frontline Ltd. (“Frontline”) (NYSE and OSE: FRO), today announced that it has entered into a sale and purchase agreement with Trafigura Maritime Logistics (“TML”), a wholly-owned subsidiary of Trafigura Pte Ltd (“Trafigura”) and certain related entities to acquire ten Suezmax tankers built in 2019 through the acquisition of a TML special purpose vehicle which holds Read More

Americans more aware of their role in stopping mass shootings

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It has been less than three weeks since twin mass shootings claimed 31 lives in the US. In that time, at least 29 people have been arrested for allegedly threatening to carry out similar attacks. Police departments across the country appear determined to send a message that they will act against those making threats of Read More