
Sodexo has extended its contracts with the Ministry of Defense (MoD) to provide a range of support services to the UK’s Armed Forces in Cyprus and the Falkland Islands for a further three years.

Brazilian banks are chalking up “excessive” profits, Economy Minister Paulo Guedes said, adding that the country needs an injection of competition to end what he called the cartels that dominate many of its major sectors.

The Trump administration clamped down on US tourist visits to Cuba on Tuesday, aiming to cut the flow of dollars to a country that Washington accuses of helping prop up Venezuelan President Nicolas Maduro.

China's Huawei, considered a security threat in the United States, on Wednesday signed a deal with Russian telecoms company MTS to develop a 5G network in the country over the next year, The agreement was signed on the sidelines of a meeting between Chinese leader Xi Jinping and Russian President Vladimir Putin in Moscow.

Western leaders and ageing veterans will gather on the shores of France on Thursday in a second day of events marking the 75th anniversary of D-Day, the Allied amphibious assault that opened the way for western Europe's liberation from Hitler's forces.

Fiat Chrysler said it has abandoned its US$35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world's third-biggest automaker.

Uruguay is experiencing, in recent months, a marked drop in investment and the generation of employment. Uruguayan Economy Minister Danilo Astori admitted Wednesday the fall of public accounts, with an annualized fiscal deficit in April that was 4.8% of GDP, and opted to provide greater incentives to investors and entrepreneurs. The Uruguayan press accuses the government of betting on the hope that the results will begin to be felt in the second half of the year, as it was heard a while ago in Argentina under the administration of President Mauricio Macri.

Marking another successful year the Annual Falkland Islands Government Reception took place on Tuesday 4th June at Middle Temple, London.

Venezuelan oil exports fell by 17% in May compared to April, due to the difficulty to sell barrels of heavy crude oil that US refiners used to buy and process before the sanctions imposed on the Nicolás Maduro government, reported Reuters.

Brazil's right-wing President Jair Bolsonaro received the diplomatic credentials of Venezuelan opposition leader Juan Guaido's envoy to Brazil, formally recognizing her as the ambassador of the neighboring country.