By Muyu Xu SINGAPORE (Reuters) -Ports in China’s Shandong province are demanding more detailed information about oil tankers that are more than 15 years old that call at their terminals, sources with knowledge of the matter said, potentially delaying the unloading of crude shipments in the world’s biggest oil importer. Last week, the maritime safety…
SAO PAULO (Reuters) – Brazil’s securities regulator has accused two former CEOs of retailer Americanas of failing to comply with information disclosure requirements following an investigation into the firm’s accounting inconsistencies, the agency said. According to a document from securities regulator CVM made public on Monday, the two ex-CEOs, Sergio Rial and Joao Guerra, also…
By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 ended lower on Monday as investors weighed whether the U.S. Federal Reserve might pause its interest rate hikes at its upcoming policy meeting, while Apple briefly hit a record high before losing ground. Apple Inc ended 0.8% lower after the world’s most valuable…
By Brad Brooks (Reuters) – An Oklahoma school board on Monday approved the Catholic Church’s application to create the first taxpayer-funded religious charter school in the U.S. Opponents of the school have vowed a legal challenge which promises to be a long court battle testing the U.S. Constitution’s concept of separation of church and state….
By Hannah Lang, John McCrank and Sinéad Carew (Reuters) – Cryptocurrencies and shares in crypto and blockchain-related companies tumbled on Monday after the U.S. securities regulator sued crypto exchange Binance, another blow to the industry. The U.S. Securities and Exchange Commission sued Binance and its CEO Changpeng Zhao for secretly controlling Binance.US as part of…
By Hannah Lang, John McCrank and Sinéad Carew (Reuters) – Cryptocurrencies and shares in crypto and blockchain-related companies tumbled on Monday after the U.S. securities regulator sued crypto exchange Binance, another blow to the industry. The U.S. Securities and Exchange Commission sued Binance and its CEO Changpeng Zhao for secretly controlling Binance.US as part of…
(Reuters) – Star Alliance, one of the world’s three major airline networks, on Tuesday named Theo Panagiotoulias as its chief executive officer. Charlotta Wieland, interim CEO since January 2023, will rejoin the alliance’s management board as a representative from Scandinavian Airlines. Panagiotoulias is expected to start the job within the coming months, upon the completion…
By Daniel Wiessner (Reuters) – The Biden administration has asked a federal judge to toss out a lawsuit by Republican-led states seeking to strike down a rule allowing socially-conscious investing by employee retirement plans. The U.S. Department of Justice in a filing in Amarillo, Texas federal court on Friday said the rule was needed to…
WASHINGTON (Reuters) – U.S. Senator Chris Van Hollen called on Monday for declassifying a government report on the death of Al Jazeera’s Shireen Abu Akleh, a Palestinian-American journalist who was shot and killed while covering an Israeli army raid last year. One of the most recognizable journalists covering the Israeli-Palestinian conflict for two decades, Abu…
(Reuters) – Blackstone Real Estate Income Trust Inc (BREIT) has agreed to sell a Texas-based resort to Ryman Hospitality Properties Inc for $800 million, as the asset management giant looks to cash in on resurgent demand for leisure travel and retreat. The deal for Texas-based JW Marriott San Antonio Hill Country Resort & Spa is…
