Deutsche Bank said to lose as much as $60 mln over derivative trade- Bloomberg
June 27 Deutsche Bank is set to lose as much as $60 million over a trade linked to U.S. inflation, Bloomberg reported, citing people familiar with the matter.
SAO PAULO, June 8 State-controlled oil company Petróleo Brasileiro SA revoked on Thursday a contract to supply natural gas to a thermal power station held by a unit of holding company J&F Investimentos due to a breach of anticorruption terms.
J&F is owned by the Batista family, who are at the center of a corruption scandal threatening President Michel Temer. Petrobras, as the oil company is known, will charge the so-called Âmbar SA unit 70 million reais ($21.4 million) in amends over the contract breach, according to a securities filing.
($1 = 3.27 reais) (Reporting by Luciano Costa and Bruno Federowski; Writing by Bruno Federowski; Editing by Chizu Nomiyama)
BRASILIA, June 27 Brazilian President Michel Temer on Tuesday made a passionate defense against a corruption charge leveled at him by the public prosecutor, calling it a "fiction" that was an attack on his government and the entire nation.
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