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Industrials Headlines

UPDATE 1-Brazil prosecutors reject JBS parent's raised fine proposal

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.

U.S. warship sails within 12 miles of China-claimed reef

A U.S. Navy destroyer carried out a "freedom of navigation operation" on Wednesday within 12 nautical miles of an artificial island built up by China in the South China Sea, U.S. officials said, the first such action under President Donald Trump.