China will import record volumes of U.S. oil and is likely to ship more U.S. soy after Beijing signaled to state-run refiners and grains purchasers they should buy more to help ease tensions between the two top economies, trade sources said on Wednesday.
Petrobras on Wednesday temporarily cut diesel prices by 10% in order to help the Brazilian government and truck drivers resolve a protest crippling highways.
Federal Reserve officials earlier this month suggested that another rate hike was on the way soon, while also noting several risks facing the economy, ranging from rising wage pressures to potential harm from the Trump administration's trade policies.
The United Nations Human Rights Committee has denied a request by Brazil's ex-president Lula da Silva seeking emergency action against his imprisonment, a spokeswoman said on Wednesday. Lula, currently serving a 12-year sentence over corruption, asked the committee to impose so-called interim measures -- a step the UN panel only takes when there is evidence an accused person is facing grave, irreparable harm.
Italy's president Sergio Mattarella accepted a political novice Giuseppe Conte, a populist coalition's candidate, as prime minister on Wednesday in a bid to forge a functioning government and end the nation's weeks-long political deadlock.
Foreign Secretary Boris Johnson concluded a five-day charm offensive in South America on Wednesday by expressing interest in a trade agreement with Chile and other countries in the so-called Pacific Alliance. Johnson extended a trip to a G20 foreign ministers’ meeting in Buenos Aires to include a tour of Peru, Argentina and Chile, seeking closer ties with all three countries.
The Falkland Islands government announced on Wednesday it has received an evaluation report regarding a second weekly air link to the Falklands, from specialist consulting Aviation Economics, and will be briefing the Executive Council at their 13 June meeting, and recommending a response to the proposed options.
Brazilian President Michel Temer scrapped plans to run for re-election on Tuesday and said he supported his former finance minister, Henrique Meirelles, to stand as the presidential candidate of the ruling Brazilian Democratic Movement (MDB).
Tensions soared between a handful of leading MEPs and Facebook CEO Mark Zuckerberg as the 34-year-old billionaire avoided answering detailed questions on the company’s data policies during a meeting in the European Parliament on Tuesday evening. Zuckerberg gave general responses to the MEPs, who came to the meeting ready to grill the CEO over Facebook’s recent data scandal, its advertising policy, and whether the social media giant is a monopoly.
Accusations of hypocrisy have rained down on the couple that heads Spain's far-left Podemos party for buying a 600,000-Euro luxury home with a swimming pool after previously condemning such extravagance. The purchase caused unease among the rank and file of Podemos, which was formed in 2014 to represent the people against the caste -- as it called the country's political and business elites -- and there are fears it could cost the party at the ballot box.