PRESS DIGEST- Financial Times - May 25
May 25 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
WASHINGTON Jan 2 Former Georgia Governor Sonny Perdue is U.S. President-elect Donald Trump's leading candidate to run the U.S. Department of Agriculture, a senior Trump transition team official said on Monday.
Perdue, a Democrat-turned-Republican who founded a grain and fertilizer business, led the southern U.S. state for two terms as governor from 2003 to 2011. (Reporting by Steve Holland; Writing by Susan Heavey; Editing by James Dalgleish)
BRASILIA/SAO PAULO, May 24 JBS SA's controlling shareholder, J&F Investimentos, proposed paying a 4 billion reais ($1.22 billion) fine as part of a leniency deal to settle Brazilian bribery and corruption charges, but the offer was rejected, a representative of the public prosecutors' office said on Wednesday.
WASHINGTON, May 24 U.S. steelmakers argued on Wednesday that products from oil drilling pipe to concrete-reinforcing bars need broad protection from imports on national security grounds, while foreign governments and firms argued that the industry is adequately meeting U.S. defense needs.