News

Fifteen of the world's largest banks are under investigation on suspicion of rigging the Brazilian currency, antitrust watchdog Cade said on Thursday, the first such probe in one of the busiest foreign exchange markets globally.

Dollar Tree Inc (DLTR.O) was given the go-ahead to buy Family Dollar Stores Inc (FDO.N) by the U.S. Federal Trade Commission on condition that they sell 330 Family Dollar stores, putting to rest a year-long merger saga.

The United States has asked Switzerland to extradite seven FIFA officials arrested in an investigation into a global bribery scandal at soccer's governing body, the Swiss Federal Office of Justice (FOJ) said on Thursday.