British money printer De La Rue expects profit to miss market expectations as demand for banknotes hovers the lowest levels in over 20 years. Meanwhile in Westminter, Sunak has hired a top former Morgan Stanley executive as his new business adviser and, still in the political world, Biden is due to start his Irish tour. Here’s the key business news from London this morning: In The City De La Rue Plc: The British money printer is in talks with lenders to amend banking covenants, reflecting the...

SAO PAULO (Reuters) - Social distancing measures to curb the coronavirus pandemic are boosting broadband usage by up to 50% in Brazil, but may end up delaying the country’s fifth-generation mobile network (5G) auction, the head of the country’s telecoms watchdog said on Friday. “The pandemic certainly has an impact on the auction schedule and also in the 5G supply chain in the short-term,” Leonardo Euler de Morais, Anatel’s president, said in a webcast held by local think tank Aliança Conecta...

(Reuters) - Brazilian President Jair Bolsonaro on Sunday hailed supporters rallying in the country’s capital to back his administration as an unfolding political scandal adds to the public health crisis driven by the coronavirus outbreak. Surrounded by security guards wearing masks, but not wearing one himself, Bolsonaro was shown in a live streaming video on his Facebook page greeting protesters waving Brazilian flags and calling him a “Legend,” days after Brazil topped Russia to become the...

SAO PAULO (Reuters) – The city of Sao Paulo is investigating the wholesale unit of Carrefour Brasil SA <CRFB3.SA> in connection with an alleged bribery scheme, the local official gazette said on Thursday, citing a probe that could result in a fine of up to 20% of the company’s 2019 gross revenue. The investigation is related to a criminal case that uncovered payments to city inspectors totaling around 1.5 million reais ($280,000) to operate, without a license, the headquarters of wholesale...

SAO PAULO (Reuters) - The city of Sao Paulo is investigating a unit of Carrefour Brasil SA (CRFB3.SA) for an alleged bribery scheme, which could result in a fine of up to 20% of its 2019 gross revenue, the city’s official gazette said on Thursday. The city’s investigation is related to a criminal case that uncovered payments to city inspectors totaling around 1.5 million reais ($280,000) to operate, without a license, the headquarters of wholesale unit Atacadao and an adjoining store in Sao...