A co-defendant of Joaquin “el Chapo” Guzman, the alleged Mexican drug kingpin captured last month, dropped his plan to plead guilty in a U.S. case after a TV report said he was cooperating with prosecutors.
A disruption of natural gas supplies to Europe by an escalation of Russia’s military action in Ukraine may boost LNG demand and prices in Asia and South America, according to Societe Generale SA and Morgan Stanley.
Secusmart GmbH has sold thousands of secure smartphones used by top government officials such as Germany’s Angela Merkel. As privacy concerns grow, Secusmart is predicting that regular citizens will also become big buyers of its 2,000-euro ($2,770) devices.
Sri Lanka’s deepening economic ties with China offer it a cushion from any measures aimed at pressuring the South Asian country into cooperating with investigations into alleged crimes during its civil war.
An El Nino watch has been issued by the U.S. Climate Prediction Center, warning of the possible development of the weather-altering event that can bring rain to California and South America and raise winter temperatures in the U.S. Northeast and Midwest.
Palm oil stockpiles in Malaysia, the world’s biggest grower after Indonesia, probably tumbled last month to the lowest level since September as production declined to a one-year low, a Bloomberg survey showed. Futures climbed to the highest level since 2012.
Adidas AG forecast 2014 profit as much as 17 percent below analysts’ estimates as the weakness of currencies such as the Russian ruble and Argentine peso weighs on the world’s second-biggest sporting-goods maker.