Reuters USA

By Susan Mathew (Reuters) – Brazil’s currency fell on Monday after supporters of former president Jair Bolsonaro stormed the capital, while Chile’s peso hit seven-month highs, driven by a leap in copper prices as China’s reopened borders drove expectation of higher demand. Supporters of the far-right Bolsonaro invaded and defaced the country’s Congress, presidential palace …

Brazil markets fall as Bolsonaro supporters storm capital Read More »

By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) said Monday it is proposing a requirement that passenger and cargo aircraft in the United States have 5G C-Band-tolerant radio altimeters or install approved filters by early 2024. Concerns that 5G service could interfere with airplane altimeters, which give data on a plane’s height …

U.S. FAA proposes requiring 5G safeguards on planes by early 2024 Read More »

NEW YORK (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Monday said it has charged the former chief executive officer of McDonald’s Corporation with making false and misleading statements to investors about the circumstances of his termination in November 2019. The SEC said in a statement its cease-and-desist order against McDonald’s former CEO …

U.S. SEC charges McDonald’s former CEO for misrepresentations to investors Read More »

By Shadia Nasralla LONDON (Reuters) – Capricorn Energy is willing to add “a number” of people put forward by activist investor Palliser to its board while it pursues a merger with Israel’s NewMed, Capricorn said on Monday. Palliser, which is Capricorn’s third-biggest shareholder and has spoken out against the proposed merger in its current form, …

Capricorn ready to add Palliser nominees to board Read More »

WASHINGTON (Reuters) -The U.S. Supreme Court on Monday let Meta Platforms Inc’s WhatsApp pursue a lawsuit accusing Israel’s NSO Group of exploiting a bug in its WhatsApp messaging app to install spy software allowing the surveillance of 1,400 people, including journalists, human rights activists and dissidents. The justices turned away NSO’s appeal of a lower …

U.S. Supreme Court lets Meta’s WhatsApp pursue ‘Pegasus’ spyware suit Read More »

By Gabriel Araujo and Karin Strohecker SAO PAULO/LONDON (Reuters) – Brazilian assets were lower in choppy trade and market players braced for further volatility on Monday, a day after thousands of supporters of former President Jair Bolsonaro stormed key government buildings in the capital, echoing the Jan. 6, 2021 insurrection in Washington. The Brazilian real …

Brazilian assets lower in volatile trade after capital stormed Read More »

By Nate Raymond (Reuters) -The U.S. Supreme Court on Monday declined to again hear a multi-billion dollar case pursued by shareholders of Fannie Mae and Freddie Mac arising from the federal government’s takeover of the mortgage finance firms during the 2008 financial crisis. The justices turned away an appeal by the investors of a lower …

U.S. Supreme Court rejects investor suits over Fannie Mae, Freddie Mac Read More »

(Reuters) – Morgan Stanley Chief Operating Officer Jon Pruzan will retire from the bank at the end of the month, according to a memo seen by Reuters. Formerly the finance chief at the Wall Street titan, Pruzan was made COO as part of a leadership shakeup in mid-2021, which resulted in four new appointments. At …

Morgan Stanley COO Jon Pruzan to retire Read More »