Author: KMFSLLP

* First listing under new biotech rules down 44 pct in first month

President Donald Trump's administration backed off on Tuesday on plans to bypass Congress and roll back billions of dollars from the U.S. foreign aid budget after lawmakers pushed back, senators, congressional aides and U.S. officials said.

Lawyers for former Trump campaign chairman Paul Manafort said on Tuesday that they would seek to move his second trial, scheduled to start next month, out of Washington, D.C., due to concerns that a jury from the Democratic stronghold would be biased.

Australian shares are set to slip on Wednesday on weakness in oil and iron ore futures traded in Dalian, China on Tuesday. Profit taking led to Brent crude futures dipping 0.3 percent to settle at $75.95...

The Chief Executive Officer of Banco Bradesco SA, Brazil's second largest private lender, said on Tuesday he expects the dollar to weaken to 3.80 reais after the country’s presidential election.

First step in ensuring access to fallback satellite navigation system after Brexit

First step in ensuring access to fallback satellite navigation system after Brexit

A federal regulator said on Tuesday it is seeking input on rewriting decades-old rules aimed at encouraging bank lending in low-income communities. The move by the Office of the Comptroller of the Currency (OCC) to seek public comment is an initial step by regulators to rewrite the 1977 Community Reinvestment...

Brazil's second largest private lender, Banco Bradesco SA, is targeting 43 million clients who do not hold checking accounts to increase its cross-selling of financial products, Chief Executive Officer Octavio Lazari told analysts on Tuesday.

Trustees of 14 funds asked to review ‘overly generous’ transfers in light of dangers