Brazil's Batista Target of Insider Trading Probes
Eike Batista, who was Brazil's richest man for most of the past decade, is under investigation for allegedly engaging in insider trading while he chaired his now-bankrupt oil-producing and shipbuilding firms, securities industry watchdog CVM said on Friday. In a statement sent to Reuters, Rio de Janeiro-based CVM confirmed that Batista is a respondent in six of nine probes that executives of his Grupo EBX conglomerate are facing for breaching securities rules.
Coast Guard establishes Safety Zone for WW II explosive detonation
Coast Guard establishes a Safety Zone Regulation from 9a.m. to 12p.m. April 13, 2014 in Flamenco Bay, during the underwater detonation of a World War II explosive in Culebra, Puerto Rico.
Ukraine Suspends Gas Payments to Russia
Ukraine is suspending payments to Russia for gas deliveries until the conclusion of price talks, chief executive Andriy Kobolev said on Saturday. State-run Naftogaz has suspended payments to Russia amid increasing tensions in a standoff that has the potential to leave European Union states cut off from the Russian gas supplies on which they depend, according to international media reports. Russia has raised the gas price for Ukraine and claimed it owed Moscow USD 2.2B in unpaid bills.
Biden visit to Kiev to show U.S. support for Ukraine
U.S. Vice President Joe Biden will travel to Kiev on April 22 to meet with government officials and civil society groups ahead of the Ukrainian presidential election in May…
Anglo American seeks compensation from Venezuela
Anglo American is seeking compensation from Venezuela at a World Bank tribunal over the 2012 cancellation of mining concessions by late president Hugo Chavez's government.
French foreign minister meets Raul Castro on historic visit to Cuba
France's foreign minister met with Cuban President Raul Castro on Saturday during the first visit to the island by such a high-ranking French official in 31 years…
"Gas War" looms as Pro-Russian militants raise flags in East Ukraine
Pro-Russian militants raised their flags over official buildings in two eastern Ukrainian cities on Saturday, deepening a stand-off with Moscow which, Kiev warned…