Brazilian President Luiz Inacio Lula da Silva poked fun at Neymar’s injury-hit World Cup, calling the absent forward the national team’s first “work-from-home” player as Carlo Ancelotti waits to see whether his number 10 can return against Scotland.
China’s tighter curbs on cross-border flows threaten insurers like AIA which gets 40% of new business in the city. Officials appear more keen for the hub to serve China Inc going global. That will be a less lucrative opportunity for banks including HSBC and Standard Chartered.
Defending champions Argentina can take a major step towards the knockout stage when they face Austria in their second World Cup Group J match on Monday, after both sides opened their campaigns with convincing victories.
President Donald Trump has insisted that the deal he has reached with Iran is superior to the one that President Barack Obama sealed in 2015, while Trump’s critics say at this point he has gotten much less and given up much more to Tehran.
Investors poured the most capital in roughly 19 months into global equity funds in the week to June 17, buoyed by optimism over an interim deal to end the U.S.-Iran war and expectations that reopening the Strait of Hormuz could help ease inflationary pressures.