Petrobras says antitrust watchdog agreed to free company from asset sales

CNN
Trump’s lawyers ask NY judge who oversaw civil fraud case to recuse himself
Lawyers for Donald Trump asked the New York judge who ordered the former president to pay nearly half a billion dollars to recuse himself from the case alleging the judge engaged in “prohibited communications” with a real estate lawyer about the case before issuing his decision.
ABC News
Top Florida law enforcement official sues DeSantis, alleging he was fired for blowing the whistle
A former top law enforcement official in Florida is accusing Gov. Ron DeSantis and his top aides of forcing him to retire after he refused to carry out orders he says were illegal or inappropriate, according to a lawsuit filed overnight. Shane Desguin, a career employee of the Florida Department of Law Enforcement, rose to become the agency's chief of staff. "Despite his stellar work performance during his employment," the lawsuit says, Desguin "was subjected to disparate treatment, different terms and conditions of employment, and held to a different standard because he reported Defendants' malfeasance, gross misconduct and unlawful employment activities and was subject to retaliation thereafter."
Reuters
Russia, China find payments workaround as US sanctions net widens, sources say
MOSCOW (Reuters) -Russia-China trade options have narrowed since the U.S. imposed sanctions last week on the only Russian bank branch in China, but President Vladimir Putin's Chinese visit last month has helped ensure the two countries have payment alternatives for now, three sources said. Since Putin's visit, specially authorised banks have been set up in border regions which allow Russian firms to open non-resident accounts (NRA) with Chinese banks, a step that has become more important since VTB's Shanghai branch was targeted with sanctions, they told Reuters. Trade between Russia and China ballooned to a record $240 billion in 2023.
WWD
Under Armour Agrees to Pay $434 Million to Settle Class Action Lawsuit
The case turned on the company’s accounting and disclosures tied to its sales in 2015 and 2016.
Reuters
EU tariffs on China not a 'punishment', says German economy minister
BEIJING (Reuters) -Proposed European Union tariffs on Chinese goods are not a "punishment", Germany's Economy Minister Robert Habeck told Chinese officials in Beijing on Saturday. Habeck's visit to China is the first by a senior European official since Brussels proposed hefty duties on imports of Chinese-made electric vehicles (EVs) to combat what the EU considers excessive subsidies.
The Canadian Press
China protests over EU move to hike tariffs on Chinese electric vehicles
BEIJING (AP) — China’s Commerce Ministry on Thursday accused the European Union of making unreasonable demands in its investigation into imports of Chinese electric vehicles before announcing it was raising tariffs by as much as 38%.
GOBankingRates
The Difference Between Middle and Upper Middle Class Is Just $20K — How To Bridge That Gap
If one of your goals for the New Year involved reaching a new income bracket, it might not be so out of reach after all -- but it will take some effort to get there. The difference between middle and...
BuzzFeed
Current And Former Theme Park Workers, Tell Us What Most People Would Be Surprised To Learn About Your Job
We want to hear from you!
France 24
Activists file torture complaint against Iranian 'cultural figure' held in France
Activists said Thursday they were filing a torture complaint against an Iranian citizen held in France who was reportedly a former senior figure in state television in the Islamic republic. Bashir Biazar has been held in administrative detention in France since June 3 pending expulsion from the country for separate reasons, at a time of strained relations between Paris and Tehran.His lawyer has denounced his detention and planned expulsion as "political" while officials in Iran have condemned Fr
Investing.com
Nvidia, Microsoft or Apple: Here's which stock analysts are betting on
Investing.com – The battle between Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) for the title of the world's highest market capitalization has been ongoing since early January, when the iPhone maker ceded the crown to the company founded by Bill Gates, only to reclaim it on June 12. A few days later, NVIDIA Corporation (NASDAQ:NVDA) joined the race, and with the help of artificial intelligence, managed to occupy the top spot for market cap worldwide, albeit for a single session.
GOBankingRates
5 Reasons Your $1 Million Retirement Will Only Last 17 Years in Nevada
If you're planning to retire soon, you already know that your desired location can have a big impact on how much money you'll need to have saved. Costs for housing and groceries can quickly eat up...
Reuters
Japan's June factory activity eases as costs rise, PMI shows
Japan's factory activity expanded for a second straight month in June but the pace of growth eased as orders weakened and cost pressures intensified, a business survey showed on Friday. "Japan's private sector expansion stalled midway into the year," said Jingyi Pan, economics associate director at S&P Global Market Intelligence, which compiled the survey.
GOBankingRates
Where Have All the Pensions Gone? How Are Gen X and Millennials Replacing Them?
Pensions used to be the "norm" when you worked for an employer. You trade your hours working for a company, and in return, the company will support you during retirement. Sounds pretty good, doesn't...
Reuters
Europe risks trade war, China says before German talks
BEIJING (Reuters) -Beijing warned on Friday that escalating frictions with the European Union over electric vehicle imports could trigger a trade war, as Germany's economy minister arrived in the Chinese capital with the proposed tariffs high on his agenda. Robert Habeck's three-day trip to China is the first by a senior European official since Brussels proposed hefty duties on imports of Chinese-made electric vehicles to combat excessive subsidies. In an unexpected twist, Habeck - from the ecologist Greens Party which is a junior partner in Germany's fractious three-way coalition - criticised Berlin's 11-month-old China strategy document as too short-termist and not in sync with the China strategies of other EU countries.
The Canadian Press
The European Union's top court rules that disinfectants can't be advertised as 'skin friendly'
BERLIN (AP) — The European Union's top court said Thursday that products such as disinfectants can't be advertised as “skin friendly.”
Canadian Press Videos
How NVIDIA climbed to the top of the stock market, AP Explains
Nvidia’s rapid rise in the stock market reached another milestone this week as the chipmaker briefly became the most valuable company in the S&P 500. Investors now say the company is worth over $3.2 trillion.
Yahoo Finance Video
HPE-Nvidia partnership will make AI enterprise history: CEO
Hewlett Packard Enterprise (HPE) announced a new partnership with chip giant Nvidia (NVDA) at its HPE Discover 2024 event in Las Vegas this week, where the former unveiled its "Nvidia AI Computing by HPE" portfolio of AI products. Among these new offerings is the HPE Private Cloud AI. HPE CEO Antonio Neri joins Yahoo Finance's Josh Lipton and Yasmin Khorram "And the core of that, we really focus on the enterprise segment of the market, because when you think about AI, there is the model builders and the hyperscalers, you have the sovereign clouds, and the enterprise," Neri says. "Obviously, we've already seen tremendous traction on the model builder side and the hyperscalers, but we focus on enterprise. And at the core of that is how we deliver a simple AI solution to consume on-premises." Neri was joined onstage by Nvidia CEO Jensen Huang to announce this partnership at Neri's keynote address on Tuesday, June 18. Neri foresees the partnership to "accelerate that adoption" of HPE's enterprise services. Many consumers are still hesitant to engage with AI, which Neri assures he has greatly considered "the human focus" and concern about data security: "And so the point is that we built all of those guardrails into the offer itself. And we believe this is going to help customers feel more comfortable around this. But ultimately is the data-first approach. And we need to make sure that we protect our data." Neri also touches upon Hewlett Packard Enterprise's AI servers and what sets them apart from the rest of the industry. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Reuters
AmEx to buy restaurant booking platform Tock for $400 million
(Reuters) -American Express is buying Squarespace-owned restaurant booking platform Tock for $400 million to expand its foothold in the dining industry, a category that accounted for $100 billion in spending on its cards last year. The all-cash deal, unveiled on Friday, will build upon the credit card giant's acquisition of online restaurant reservation platform Resy in 2019. Resy helps AmEx cardholders get special access to some restaurants, including exclusive reservations, early notifications or cashback on certain bookings made through the platform.
Bloomberg
Oil Rally Fizzles After Futures Cross Into Overbought Territory
(Bloomberg) -- Oil fell after futures crossed into overbought territory, though crude still notched a weekly gain amid shrinking US stockpiles and signs of rising fuel demand.Most Read from BloombergCDK Hackers Want Millions in Ransom to End Car Dealership OutageAt Blackstone’s $339 Billion Property Arm, the Honeymoon Is OverApple Won’t Roll Out AI Tech In EU Market Over Regulatory ConcernsWall Street’s Smart-Trade Brigade Thrashed Again on Stock BoomWest Texas Intermediate dropped about 1% to s
Reuters
Spanish court wants BBVA and former chairman to face trial in spying case
A Spanish High Court judge proposed Spain's second-largest lender BBVA and its former chairman stand trial for alleged bribery and disclosure of company secrets following a probe into alleged corporate spying, a court document showed on Thursday. BBVA and legal representatives for ex-chairman Francisco Gonzalez declined to comment. BBVA was placed under investigation in July 2019 for hiring a private investigation agency allegedly run by former Police Commissioner Jose Manuel Villarejo.

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Petrobras says antitrust watchdog agreed to free company from asset sales

Latest Stories

Trump’s lawyers ask NY judge who oversaw civil fraud case to recuse himself

Top Florida law enforcement official sues DeSantis, alleging he was fired for blowing the whistle

Russia, China find payments workaround as US sanctions net widens, sources say

Under Armour Agrees to Pay $434 Million to Settle Class Action Lawsuit

EU tariffs on China not a 'punishment', says German economy minister

China protests over EU move to hike tariffs on Chinese electric vehicles

The Difference Between Middle and Upper Middle Class Is Just $20K — How To Bridge That Gap

Current And Former Theme Park Workers, Tell Us What Most People Would Be Surprised To Learn About Your Job

Activists file torture complaint against Iranian 'cultural figure' held in France

Nvidia, Microsoft or Apple: Here's which stock analysts are betting on

5 Reasons Your $1 Million Retirement Will Only Last 17 Years in Nevada

Japan's June factory activity eases as costs rise, PMI shows

Where Have All the Pensions Gone? How Are Gen X and Millennials Replacing Them?

Europe risks trade war, China says before German talks

The European Union's top court rules that disinfectants can't be advertised as 'skin friendly'

How NVIDIA climbed to the top of the stock market, AP Explains

HPE-Nvidia partnership will make AI enterprise history: CEO

AmEx to buy restaurant booking platform Tock for $400 million

Oil Rally Fizzles After Futures Cross Into Overbought Territory

Spanish court wants BBVA and former chairman to face trial in spying case