Advertisement
Canada markets closed

  • S&P/TSX

    21,947.41
    +124.19 (+0.57%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • DOW

    38,675.68
    +450.02 (+1.18%)
     

  • CAD/USD

    0.7308
    -0.0006 (-0.08%)
     

  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     

  • Bitcoin CAD

    86,689.40
    +317.48 (+0.37%)
     

  • CMC Crypto 200

    1,315.68
    +38.70 (+3.03%)
     

  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     

  • RUSSELL 2000

    2,035.72
    +19.61 (+0.97%)
     

  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     

  • NASDAQ

    16,156.33
    +315.37 (+1.99%)
     

  • VOLATILITY

    13.49
    -1.19 (-8.11%)
     

  • FTSE

    8,213.49
    +41.34 (+0.51%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • CAD/EUR

    0.6787
    -0.0030 (-0.44%)
     

Brazil's Taurus confirms suspect 2013 arms deal destined for Yemen

Reuters
A damaged building is pictured in the war-torn southwestern city of Taiz, Yemen August 17, 2016. REUTERS/Anees Mahyoub (Reuters)

SAO PAULO (Reuters) - Brazilian gun maker Forjas Taurus SA confirmed on Monday a Reuters report regarding the sale of guns to a known Yemeni arms trafficker who funneled them into his country's civil war in violation of international sanctions. In a securities filing, Taurus underscored that the criminal charges reported by Reuters were directed at two former executives and the company was involved in the case as an interested party. After learning about suspicions surrounding the Yemeni arms dealer, the gunmaker said it halted any further shipments that he had negotiated. (Reporting by Brad Haynes, editing by G Crosse)