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Reuters - Business

Pilgrim’s Pride CEO indicted over alleged U.S. chicken price-fixing

Reuters
WASHINGTON/CHICAGO (Reuters) – The chief executive of Pilgrim’s Pride Corp, a major U.S. poultry company, was indicted along with three other current and former industry executives on charges of seeking to fix the price of chickens, the Justice Department said on Wednesday. FILE PHOTO: Chickens are displayed for sale in......
Reuters - Business

U.S. indicts Pilgrim’s Pride Corp CEO for alleged chicken price-fixing

Reuters
WASHINGTON/CHICAGO (Reuters) – The chief executive of Pilgrim’s Pride Corp, a major U.S. poultry company, was indicted along with three other current and former industry executives on charges of seeking to fix the price of chickens, the Justice Department said on Wednesday. Pilgrim’s Pride shares fell 14% around midday. A......
Reuters - Business

U.S. launches trade probe into digital taxes, plowing ground for new tariffs

Reuters
FILE PHOTO: U.S. Trade Representative Robert Lighthizer listens as U.S. President Donald Trump meets with Bahrain Crown Prince Salman bin Hamad Al Khalifa during a meeting in the Oval Office of the White House in Washington, U.S., September 16, 2019. REUTERS/Al Drago WASHINGTON (Reuters) – The U.S. Trade Representative’s office......
Reuters - Business

Boeing takes Embraer to arbitration over failed aviation deal

Reuters
FILE PHOTO: A Boeing logo is seen at the company’s facility in Everett, Washington, U.S. January 21, 2020. REUTERS/Lindsey Wasson/File Photo SAO PAULO (Reuters) – Boeing Co (BA.N) has taken former partner Embraer SA (EMBR3.SA) to arbitration over a failed $4.2 billion deal, the Brazilian planemaker said in a securities......
New York Times - World

Coronavirus Live Updates: U.S. Sends Two Million Hydroxychloroquine Doses to Brazil

New York Times
New York Times – For more and to sign up click here The two countries are studying whether the drug is safe and effective for the prevention and early treatment of Covid-19. And protests in the United States have sparked fears of spreading the virus. Source – Click here for......
Reuters - Business

Embraer negotiating $600 million bank financing for exports

Reuters
FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company’s headquarters in Sao Jose dos Campos, Brazil February 28, 2018. REUTERS/Roosevelt Cassio/File Photo RIO DE JANEIRO (Reuters) – Brazilian planemaker Embraer SA (EMBR3.SA), the world’s third largest commercial jet builder, should obtain $600 million in credit......
Reuters - Business

EU trade commissioner Hogan mulling candidacy for WTO chief

Reuters
BRUSSELS (Reuters) – European trade commissioner Phil Hogan is considering putting his name forward as a candidate to be the next director-general of the World Trade Organization, his spokesman said on Sunday. FILE PHOTO: European Trade Commissioner-designate Phil Hogan of Ireland attends his hearing before the European Parliament in Brussels,......
New York Times - World

In Brazil, a President Under Fire Lashes Out at Investigators

New York Times
New York Times – For more and to sign up click here RIO DE JANEIRO — The embattled president of Brazil stood outside his mansion on Thursday, indignant and angry, wearing a necktie patterned with assault rifles. The day before, the police had raided properties linked to several of his......
ESPN

Mexico 1970: The World Cup that changed soccer forever

ESPN
12:00 PM ET Eric GomezMexico writer MEXICO CITY — The 1970 FIFA World Cup in Mexico stands alone as a landmark event featuring a parade of innovations vital to soccer’s development. It was the first World Cup to be globally broadcast, the first to be played outside of Europe and......
Reuters - Business

Exclusive: Brazil’s Embraer draws foreign interest after Boeing rift – sources

Reuters
SAO PAULO/NEW DELHI/PARIS (Reuters) – Aircraft makers are circling Brazil’s Embraer (EMBR3.SA) weeks after Boeing (BA.N) ditched plans for a historic commercial aviation tie-up, people familiar with the matter said. FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company’s headquarters in Sao Jose dos Campos,......
CNBC Business

Coronavirus live updates: Brazil outbreak threatens Bolsonaro; vaccine a ‘2021 event,’ former FDA chief says

CNBC
CNBC – For more and to sign up click here Global deaths due to Covid-19 surpassed 350,000 as U.S. deaths near 100,000 and states push forward with reopening plans. California Gov. Gavin Newsom said Tuesday that most of the state’s barbershops and hair salons can reopen with modifications. Nevada Gov. Steve......
CNBC Business

Brazil’s Bolsonaro could soon be toppled, analysts say, as coronavirus cases surge

CNBC
CNBC – For more and to sign up click here Not wearing face mask, Brazil’s President Jair Bolsonaro greets his supporters at Praça dos Três Poderes, in front of the Planalto Palace on Sunday, May 24, 2020. Andre Borges | NurPhoto | NurPhoto Brazilian President Jair Bolsonaro could be the......
Reuters - Business

LATAM becomes largest airline yet driven to bankruptcy by coronavirus

Reuters
(Reuters) – Chile’s LATAM Airlines Group (LTM.SN) filed for U.S. bankruptcy protection on Tuesday, becoming the world’s largest carrier so far to seek an emergency reorganization due to the coronavirus pandemic. FILE PHOTO: The logo of LATAM Airlines is pictured on an Airbus plane in Colomiers near Toulouse, France, November......
Reuters - Business

LATAM becomes largest airline driven to bankruptcy by coronavirus

Reuters
SAO PAULO (Reuters) – Chile’s LATAM Airlines Group SA (LTM.SN) filed for U.S. bankruptcy protection on Tuesday, becoming the world’s largest carrier so far to seek an emergency reorganization amid the coronavirus pandemic. FILE PHOTO: The logo of LATAM Airlines is pictured on an Airbus plane in Colomiers near Toulouse,......
CNBC Business

5 things to know before the stock market opens Tuesday

CNBC
CNBC – For more and to sign up click here 1. Dow to surge on coronavirus vaccine hopes Dow futures were pointing to about a 500-point gain at Tuesday’s open to begin the holiday-shortened trading week as investors bet on the economy reopening and a coronavirus vaccine breakthrough. Shares of Novavax......
New York Post

WHO warns of ‘immediate second peak’ of coronavirus as countries reopen

NYPost
Countries could see an “immediate second peak” of coronavirus if they reopen too quickly, warned a top World Health Organization official who said the world is still battling the first wave of the disease. “Right now, we’re not in the second wave,” said Dr. Mike Ryan, a World Health Organization......
Reuters - Business

LATAM becomes largest airline to file for bankruptcy amid coronavirus

Reuters
(Reuters) – LATAM Airlines Group SA (LTM.SN) filed for U.S. bankruptcy protection on Tuesday, becoming the largest carrier to seek an emergency reorganization amid the coronavirus crisis. FILE PHOTO: The logo of LATAM Airlines is pictured on an Airbus plane in Colomiers near Toulouse, France, November 6, 2018. REUTERS/Regis Duvignau......
Reuters - Business

‘How about next June?’ Small meat processors backlogged as virus idles big plants

Reuters
CHICAGO/WINNIPEG, Manitoba (Reuters) – Inside the small-scale Iowa abattoir Stanhope Locker and Market, owner Shaunna Zanker yawns with exhaustion as she listens to yet another farmer asking her to slaughter his pigs. Workers prepare chicken at Buckeye Poultry in Greenwich, Ohio, U.S., May 13, 2020 as the coronavirus disease (COVID-19)......
Reuters - Business

Latin America’s largest airline LATAM files for U.S. bankruptcy protection

Reuters
(Reuters) – Latin America’s largest airline LATAM Airlines Group SA (LTM.SN) said on Tuesday the company and its affiliates in Chile, Peru, Colombia, Ecuador and the U.S. have filed for Chapter 11 bankruptcy protection in the United States. FILE PHOTO: The logo of LATAM Airlines is pictured on an Airbus......

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