Trump considering imposing a travel ban on Brazil


U.S. President Donald Trump speaks during a meeting with his cabinet in the East Room of the White House on May 19, 2020 in Washington, DC.

Alex Wong | Getty Images

President Donald Trump said he is considering imposing a travel ban on Brazil, following the South American country’s deadliest day on record as a result of the coronavirus.

“We are considering it. We hope that we are not going to have a problem,” Trump told reporters at the White House late Tuesday.

“I don’t want people coming over here and infecting our people. I don’t want people over there

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Key U.S. lawmaker pushes for a ban on mergers until coronavirus pandemic ends


FILE PHOTO: Representative David Cicilline, a Democrat from Rhode Island, speaks during a House Judiciary Committee hearing in Washington, D.C., U.S. December 12, 2019. Alex Edelman/Pool via REUTERS

WASHINGTON (Reuters) – The chair of the House Judiciary Committee’s antitrust panel on Thursday called for a moratorium on mergers in the next coronavirus stimulus package and a ban on deals that are not directly related to companies about to fail.

Democratic U.S. Representative David Cicilline’s proposal attempts to ensure that large companies do not wipe out competition from smaller rivals already hit hard by the pandemic.

Mega-mergers and corporate takeovers that

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Saudi Arabia may re-route tankers if U.S. imposes crude import ban: sources


LONDON/NEW YORK/MOSCOW (Reuters) – Saudi Arabia is looking into re-routing millions of barrels of oil onboard tankers sailing to the United States if President Donald Trump decides to block imports of crude from the Kingdom, shipping and trade sources say.

FILE PHOTO: A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov

Some 40 million barrels of Saudi oil are on their way to the U.S. and due to arrive in the coming weeks, piling more pressure on markets already struggling to absorb a glut of stocks, according to shipping

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Indian court quashes government’s call for ban on Deloitte, KPMG affiliate


FILE PHOTO: Offices of Deloitte are seen in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo

MUMBAI/NEW DELHI (Reuters) – An Indian court on Tuesday quashed efforts by the federal government to impose a ban on auditors Deloitte Haskins & Sells LLP and a KPMG affiliate for their alleged abetment of a financial fraud at a domestic firm.

The government had sought to impose a five-year ban on Deloitte and KPMG’s affiliate, BSR & Associates, for aiding the alleged fraud at a unit of Infrastructure Leasing & Financial Services, whose near-collapse in 2018 had triggered financial contagion fears.

Deloitte’s term

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