Brazil OKs amended bill on car-hailing apps after Uber lobbying

BRASILIA (Reuters) – Brazil’s Senate approved a weaker version of a hotly disputed bill to regulate car-hailing services like Uber Technologies Inc [UBER.UL] on Tuesday after the U.S. company’s chief executive warned it could make its business unworkable in the country.

Six dead after ambush on Malian High Court’s president

BAMAKO (Reuters) – Five Malian soldiers and one civilian were killed in central Mali on Tuesday during an ambush on a convoy of the president of the High Court of Justice, the defense ministry said in a statement.

Watchdog raids offices of Canadian grocery retailers in bread price-fixing probe

TORONTO — The Competition Bureau says it has raided the offices of certain companies in a criminal investigation tied to alleged price fixing following statements released by some of the country’s largest grocery chains.

The bureau says the Ontario Superior Court of Justice in Ottawa granted search warrants based on evidence that there are reasonable grounds to believe that certain individuals and companies have engaged in activities contrary to the Competition Act.

Spokeswoman Marie-France Faucher says bureau officers are conducting searches and gathering evidence to determine the facts.

She says there is no conclusion of wrongdoing at this time and no charges have been laid, adding she could not reveal more details as the bureau is required to conduct investigations confidentially.

Loblaw Companies Ltd. and George Weston Ltd. confirmed they are aware of an industry-wide investigation by the Competition Bureau concerning a price-fixing scheme involving certain packaged bread products.

George Weston and Loblaw said in a joint statement that they are co-operating fully but would not offer further comment.

Metro Inc. said the investigation concerns certain suppliers and Canadian retailers and that it fully co-operates with the authorities, but also declined further comment.

Breaking: Competition Bureau raids Loblaws, Metro offices in price-fixing probe

TORONTO — Investigators from the Competition Bureau raided the offices of major retailers in Toronto and Montreal on Tuesday in a criminal investigation tied to alleged price fixing.

More to come.

Ex-Merrill Lynch broker to plead guilty to securities fraud

NEW YORK (Reuters) – A former Bank of America Merrill Lynch broker has agreed to plead guilty to a criminal charge of securities fraud for billing clients excessive commissions, according to federal…