The chief executive of Brazil's biggest independent investment bank and the leading senator in the governing coalition were arrested on Wednesday on suspicion of obstructing the country's most sweeping corruption investigation ever.
When Julio Manzini decided two years ago to name his small restaurant McDonald's after the famous fast-food chain (MCD.N), he had no idea it could cause any trouble. He has since been frightened into removing the name.
Pacific Investment Management Co and other investors have sued Citigroup Inc over the bank's alleged failure to properly monitor toxic securities backed by more than $13.8 billion of mortgage loans, resulting in $2.3 billion of losses.
The U.S. Justice Department has provided specific suggestions to governments in Europe and elsewhere on how to strengthen counterterrorism laws in order to arrest would-be foreign fighters before they join groups like Islamic State, according to a policy paper reviewed by Reuters.
