The Rio de Janeiro stadium that will host next year’s soccer World Cup final is at the center of a dispute between a group of spectators who hold lifetime seats and the city that promised to give the sport’s governing body complete control over the facility.
Chinese equities retreated in New York from the highest level in three months, led by Aluminum Corp. of China Ltd., after investment in the nation’s fixed assets and industrial output trailed economists’ estimates.
Short sellers in Brazil, whose favorite targets tumbled five times faster than MSCI Inc.’s country stock index this year, are boosting bearish wagers to a record after valuations rose to the highest levels since 2008.
Princeton University chose a longtime insider as president, following Yale, as universities prepare for new challenges ranging from greater cost scrutiny to international expansion to the advent of online education.
Cardinal Theodore McCarrick, the archbishop emeritus of Washington, said in an interview with Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that he expects Roman Catholic Church leaders to intensify efforts on behalf of a new immigration law and gun-control measures.