The government of Puerto Rico confirmed Monday that it had failed to make a $58-million debt payment, a significant escalation of the fiscal crisis facing the U.S.
American Airlines is putting some teeth behind its response to the recent uproar over travelers who have illegally killed big game in Africa.
LONDON: A trader who worked for UBS and Citigroup was jailed on Monday for 14 years by a London court after becoming the first person to be found guilty by a jury of rigging the benchmark Libor inter-bank lending rate.
Wall Street ended lower on Monday as tumbling oil prices dragged energy shares to a three-year low and factory data from China raised concerns about the world's second-biggest economy.
HSBC has been present in Brazil since 1997. It expanded further in Latin America's biggest economy in 2003, when it bought Lloyds' Brazil unit, but it did not manage to make a success of those operations.