Ricardo Brito
(Recasts with Bolsonaro delivering measure to Congress, adds government statement)
BRASILIA, Feb 23 (Reuters) - Brazilian President Jair Bolsonaro went to Congress on Tuesday to deliver a provisional measure associated with his government’s plans to privatize state-run electricity provider Eletrobras .
Bolsonaro, who is under fire for announcing a shakeup at Petrobras that sent the oil company’s stock tumbling due to fears of government meddling, delivered the measure in person to show his commitment to privatizing state firms.
“Our privatization agenda is going full steam ahead,” he said after meeting with the leaders of Congress.
Senate head Rodrigo Pacheco and lower chamber Speaker Arthur Lira said the measure, a decree that requires congressional approval, would be fast-tracked.
Discount store operator TJX Cos Inc missed estimates for holiday-quarter results on Wednesday, as coronavirus-induced lockdowns in Europe and Canada shaved about $1 billion off its sales.
3 Min Read
MUMBAI (Reuters) - India’s largest bourse shut down for nearly four hours on Wednesday due to what it said was a telecom network glitch, and its operators drew fire from traders for a lack of transparency over the problem, which they said caused “absolute havoc”.
FILE PHOTO: A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas
The National Stock Exchange opened around 9:15 a.m. local time as usual, but traders said prices on its main indexes stopped updating about an hour later.
At 11:40 a.m., the NSE shut down completely for trading, leaving traders wondering what would happen to their open positions.
Polish video games maker CD Projekt is delaying the release of a patch for its Cyberpunk 2077 game until the second half of March, it said on Wednesday, after a cyber attack slowed down work on fixes for the troubled game.
Reddit recovered from an hour-long outage that affected thousands of users on Wednesday afternoon as volatility returned to stocks including GameStop GME.N> and AMC that were at the center of a slugfest between retail traders and Wall Street.