Brazil says it will stick with reforms after S&P warns of potential downgrade to credit rating

The Brazilian government said on Monday it is committed to business-friendly reforms after S&P Global Ratings threatened to downgrade the country further into junk territory amid a political crisis. S&P revised Brazil’s outlook to “CreditWatch...

Asian markets trade sideways following Wall Street gains; deadly Manchester Arena blast

Nineteen people were reported dead following a blast at the Manchester Arena in northern England where U.S. singer Ariana Grande had been performing, Reuters said. The U.K. police are treating the blast as a terrorism incident. The British pound also slipped after the...

UK police confirm deadly blast at Manchester stadium as terrorism incident

UK police have confirmed a deadly blast at a stadium in the city of Manchester is being treated as a terrorism incident, Reuters reported on Tuesday, adding the death toll was at least 19 people with more than 50 injured. Earlier, a BBC reporter said the incident was...