SAO PAULO, Nov 12 (Reuters) - Banco do Brasil, Latin America's largest bank by assets, has received approval from the U.S. Securities and Exchange Commission to issue American Depositary Receipts, Chief Executive Aldemir Bendine said on Thursday.
The state-controlled bank may issue that type of stock as soon as 2009, he added. (Reporting by Aluisio Alves, Writing by Elzio Barreto, editing by Gerald E. McCormick)
WASHINGTON (Reuters) - Consumer spending rose for a second straight month in November as incomes recorded their biggest gain in six months, but a surprise drop in new home sales was a reminder that the economic recovery would be bumpy.
The biggest U.S. city wants the state to ban one of the most promising sources of U.S. energy -- and also one of the most contentious. Full Article
American attitudes towards drug prohibition – and above all, punitive laws on marijuana – are changing too fast for policymakers and legislators to ignore. Commentary
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
