Brazil’s President Dilma Rousseff is to face trial after the Senate voted to impeach and suspend her.
- Brazil Senate Poised for Dilma Rousseff Impeachment – FT (subscription)
- Brazil Senate Votes in Favor of Dilma Rousseff Impeachment Trial – WSJ (subscription)
- Brazil’s Rousseff Undone by Hubris, Economic Missteps – Reuters
Republican Donald Trump pulled even with Democratic rival Hillary Clinton in a Reuters/Ipsos opinion poll released on Wednesday, in a dramatic early sign that the Nov. 8 presidential election might be more hotly contested than first thought.
Brexit is dominating the UK agenda and the Bank of England is set to update its take on how the vote is affecting the economy on Thursday.
Norway has held fire on another interest rate cut, leaving its key deposit rate unchanged at 0.5 per cent in May.
Philippines’ central bank has opted to leave rates unchanged on Thursday, in its first move since this week’s presidential election which is set to bring the controversial Rodrigo Duterte into office.
Progress on debt relief talks and now a surprisingly large drop in the unemployment rate to a four-year low. All in all it hasn’t been such a bad week for Greece.
The International Energy Agency expects the global oversupply of oil to shrink “dramatically” this year.
Prime Minister David Cameron said the UK plans to make financial services companies liable for their employees’ complicity in money laundering and fraud, in an extension of proposed laws against tax evasion.
Anbang Insurance Group and local competitors are being examined by China’s insurance regulator as concerns grow about the sector’s aggressive investment policies.
Singapore prosecutors charged two men for insider trading offenses on two stocks before the companies received takeover offers.
Crédit Agricole SA said Thursday that net profit plunged in the first quarter, hit by the planned sale of its 25% stake in the group’s regional banks and a debt restructuring, sending its shares down more than 5%.
Adidas AG will part ways with London’s Chelsea soccer club, getting a payoff of at least 50 million euros ($57 million) as a battle to sponsor Europe’s top sports teams intensifies.
Nissan Motor Co. agreed to purchase a 34 percent stake in Mitsubishi Motors Corp., as Japan’s second-largest automaker comes to the aid of its minicar partner rocked by a fuel-economy testing scandal.
Until a month ago, telecoms executives in Slough and Maidenhead, the homes of O2 and Three, were “95 per cent” confident that their deal to create Britain’s largest standalone mobile phone group was on track. Then reality dawned.
Japan’s Nikkei rose for a fourth straight day on Thursday after the yen weakened, but gains were capped by dismal earnings from companies such as Toyota Motor Corp.
European stocks erased a decline as energy companies rose, buoyed by an increase in oil prices after the International Energy Agency said the global oil surplus in the first half of this year will probably be smaller than previously estimated. Bonds held gains, with the UK’s government securities extending their longest-ever winning streak.
A new report from the Bank of England says that although the current legal framework around CCP default management is largely robust, the “piecemeal” nature of this framework presents challenges.
Yields on UK Gilts German Bunds have dropped to four-week lows as global equities continue to weaken, heightening the appeal of haven assets.