As spying disclosures lead to questions about U.S. stewardship of the Internet, Brazil is trying to steer a new direction of governance for a technology responsible for one-fifth of the developed world’s economic growth over the past five years.
Portugal’s government bonds rose, with 10-year yields falling to the lowest since 2006, after the nation held its first auction since a bailout in 2011 as its European Union-led aid program draws to a close.
Ukraine edged closer to a new round of hostilities after the government in Kiev said it’s resuming operations to oust militants from eastern cities and Russia pledged to defend its citizens in the neighboring country.
Kemira Oyj, Europe’s largest supplier of water-treatment additives, appointed Tarjei Johansen from Schlumberger Ltd. to lead its oil and mining unit as the Finnish company seeks to boost work on U.S. shale projects.
Ukraine’s president urged security services to resume an offensive to uproot militants in the east as an agreement with Russia to ease tensions neared collapse after a visit by U.S. Vice President Joe Biden to Kiev.
Azerbaijan’s state oil company, known as Socar, is in the final stages of negotiations for a $3.5 billion loan to help build a refinery in Turkey, said Kenan Yavuz, chief executive for the company’s Turkish unit.