Reuters

(Reuters) - Emerson said on Thursday it had agreed to sell its remaining interest in its Copeland joint venture to Blackstone in a deal valued at about $3.5 billion.

(Reporting by Deborah Sophia in Bengaluru; Editing by Anil D'Silva)

By Lisandra Paraguassu

BRASILIA (Reuters) - Fires in Brazil's Pantanal wetlands have surged nearly tenfold so far this year to the highest levels since 2020, when the biome suffered its worst blazes on record.

Satellite data from Brazil's National Institute for Space Research (INPE) showed a 980% increase in the number of fires in the Pantanal through June 5, compared with the same period of last year. The figures have raised alarms as... (continue reading...)

By Davide Barbuscia

NEW YORK (Reuters) - The Securities Industry and Financial Markets Association may ask regulators for more time to implement a rule requiring centralized Treasury clearing as Wall Street faces a 2026 deadline.

The Securities and Exchange Commission in December adopted new rules aimed at reducing systemic risk in the $27 trillion Treasury market, the world's biggest bond market, by forcing more trades through clearing... (continue reading...)

COTIJA, Mexico (Reuters) - The mayor of a western Mexican town was ambushed and killed by gunmen on Monday, shortly after the country elected its first-female president, following what was the bloodiest campaign in the country's history.

Yolanda Sanchez, the mayor of Cotija in the state of Michoacan since 2021, was shot 19 times in the town center, according to the local press.

She and her bodyguard - who was also shot - died from their... (continue reading...)

By Jonathan Stempel

NEW YORK (Reuters) - New York Attorney General Letitia James sued two cryptocurrency companies and their promoters, saying they defrauded hundreds of thousands of victims out of more than $1 billion by preying on the religious faith of people from Haitian and other immigrant communities.

In a lawsuit filed on Thursday in a state court in Manhattan, James said investors enticed by promises of weekly profits sent... (continue reading...)