By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s government is considering changes to the taxation of closed-end funds and shareholder payouts in order to shore up revenue in next year’s budget, said three senior economic officials with direct knowledge of the matter. The government signaled on Tuesday it would propose a comprehensive income…
By Andy Sullivan WASHINGTON (Reuters) – Michigan Attorney General Dana Nessel announced criminal charges against 16 people on Tuesday for submitting a phony slate of electors to try to help Republican Donald Trump overturn his 2020 presidential election loss to Democrat Joe Biden. WHAT ARE ELECTORS? U.S. presidents are not elected by direct popular vote….
(Reuters) – Brazilian retailer GPA announced it received a new offer from Colombian billionaire Jaime Gilinsky to buy part of GPA’s stake in its Colombian subsidiary Almacenes Exito, GPA said in a statement on Tuesday. GPA said Gilinski’s latest offer came in at $586.5 million for a 51% stake in supermarkets and shopping mall operator…
By James Oliphant WASHINGTON (Reuters) – Florida Governor Ron DeSantis came to the defense of former President Donald Trump on Tuesday, assailing as politically motivated attempts to hold his rival for the 2024 Republican presidential nomination legally accountable for trying to overturn the 2020 election. “I hope he doesn’t get charged,” DeSantis told CNN in…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Whatever is driving Wall Street higher – the finishing line of the Fed’s rate-hiking cycle, a falling dollar or strong earnings – it is not really filtering through to Asian markets. The disconnect between Asia…
(Reuters) – Self-driving technology firm Aurora Innovation said on Tuesday it plans to sell $600 million worth of class A common stock in a private placement, sending the company’s shares down more than 10% in after-market trading. The company also commenced an underwritten public offering of up to $200 million of its Class A common…
By Lisa Baertlein LOS ANGELES (Reuters) – Warehouse rents will continue to rise even as other supply-chain costs tumble from pandemic highs, the CEO of the world’s largest warehouse landlord told Reuters on Tuesday. Lease prices have proven far more resilient than air, ship, truck and train transportation rates which have dropped sharply due to…
By Michelle Nichols UNITED NATIONS (Reuters) – The United Nations Security Council held its first meeting on artificial intelligence on Tuesday where China said the technology should not become a “runaway horse” and the United States warned against its use to censor or repress people. Britain’s Foreign Secretary James Cleverly, who chaired the meeting under…
(Reuters) – U.S. cannabis producer Green Thumb Industries Inc said on Tuesday an employee had died of natural causes at its Rock Island, Illinois facility last Friday. The Teamsters Union earlier on Tuesday urged Green Thumb to address workers’ safety concerns following news about the death. “To the best of our knowledge, this tragic death…
By Michelle Nichols UNITED NATIONS (Reuters) -There are a “number of ideas being floated” to help get Ukrainian and Russian grain and fertilizer to global markets after Moscow quit a deal allowing the safe Black Sea export of Ukraine grain, the United Nations said on Tuesday. The Black Sea deal was brokered by the U.N….
