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Business News

Exclusive: Odebrecht Peru agrees to plea deal with Peruvian authorities over bribery scandal – sources

Brazilian builder Odebrecht’s Peruvian unit has signed a deal with Peruvian authorities to pay a multimillion dollar fine that will allow it to continue operating in the country in return for providing evidence about officials it bribed, three sources related to the matter told Reuters on Saturday.

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Trading Ideas

6 Reasons to Revolutionize the Way You Invest

Much of the investing world has been hypnotized by the vertigo-inducing roller-coaster ride of crazy cryptocurrencies.

But there’s another financial revolution taking place all around you.

And that is the revolution in exchange-traded funds (ETFs).

Consider this:

Since 2000, ETF assets have grown at an average annual rate of 142%. They currently make up 19% of the market.
Last year, the “BlackRock ETF Pulse Survey” found that 52% of U.S. investors intended to invest in ETFs.
9 in 10 financial advisors also expect to invest in ETFs for client portfolios.

Overall, ETF investors are younger, more engaged and more optimistic about their financial futures …read more […]

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Business News

U.S. accuses Huawei CFO of Iran sanctions cover-up; hearing adjourned to Monday

Huawei Technologies Co Ltd’s chief financial officer faces U.S. accusations that she covered up her company’s links to a firm that tried to sell equipment to Iran despite sanctions, a Canadian prosecutor said on Friday, arguing against giving her bail while she awaits extradition.

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