Europe’s decision to ban meat imports from several Brazilian suppliers affects 30 to 35% of the country’s exports to the bloc and will force companies to find new markets while officials work to reverse the measure, Brazil’s Agriculture Minister said.
United States federal regulators are poised to impose a US$ 1 billion penalty on Wells Fargo for a variety of alleged misdeeds, including forcing customers to buy auto insurance policies that they didn't need, according to people briefed on the regulatory action.
Queen Elizabeth II opened a summit of the 53-nation Commonwealth on Thursday, and backed her son Prince Charles to be the next leader of the association of Britain and its former colonies. In a ceremony at Buckingham Palace, the queen said she hoped Charles would “carry on the important work” of leading the Commonwealth, a loose alliance of countries large and small that has struggled to carve out a firm place on the world stage.
Rockhopper Exploration and operator Premier Oil have submitted a revised draft field development plan for the Sea Lion Phase 1 project to the Falkland Islands government. According to Rockhopper, a final submission should follow in the lead-up to sanction of the project, in the offshore North Falkland basin.
Argentina sent its first shipment of lemons to the United States in 17 years, a few months after President Donald Trump authorized citrus imports from the country.
A British fishing firm has won the right to appeal against a controversial decision to hand lucrative fishing licenses to foreign rivals in the South Atlantic, according to a report from Daniel Martin in the Daily Mail.