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Good start, not enough - EU leaders mull May's Brexit offer

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BRUSSELS Theresa May offered fellow EU leaders a "fair" deal on Thursday for compatriots living in Britain after Brexit, though her peers sounded sceptical and demanded more detail from a prime minister weakened by an electoral misfire two weeks ago. | Video

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U.S. bans fresh Brazil beef imports over safety concerns 12:21am BST

CHICAGO The United States halted imports of fresh Brazilian beef on Thursday, the U.S. Department of Agriculture said, after a high percentage of shipments failed to pass safety checks.

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Petrobras revives plan for IPO of fuel distribution unit 12:01am BST

SAO PAULO Petróleo Brasileiro SA is reviving an initial public offering of fuel distribution unit BR Distribuidora to cut the Brazilian state-controlled oil company's debt and investment in low-return activities, Chief Executive Officer Pedro Parente said on Thursday.

UPDATE 1-Brazil top court ruling potentially undercuts Temer investigation 22 Jun 2017

BRASILIA, June 22 Brazil's Supreme Court ruled on Thursday it has the right to reject plea bargains made in corruption probes, potentially undercutting investigations that have threatened President Michel Temer's government, prosecutors said.

Investors doubt Kroton can win approval for Estácio takeover: report 22 Jun 2017

SAO PAULO Investors are skeptical that a merger of Kroton Educacional SA and Estácio Participações SA to form the world's No. 1 for-profit education company will win Brazil's approval, Morgan Stanley said on Thursday.

UPDATE 1-Brazil's c.bank cuts inflation view, says July decision data-dependent 22 Jun 2017

BRASILIA, June 22 Brazil's central bank on Thursday lowered its inflation forecasts and reiterated that its next policy decisions remained data-dependent, signaling it was still unsure whether to reduce the pace of monetary policy easing in July.

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Fate of graft probe rests on Brazil top court vote on plea deals 22 Jun 2017

BRASILIA Brazil's Supreme Court is expected to rule on Thursday whether terms of plea bargains struck in the nation's sweeping corruption probes can be revised by the full court, a move critics worry could sharply weaken the most potent weapon prosecutors wield in rooting out graft.

Fate of graft probe rests on Brazil top court vote on plea deals 22 Jun 2017

BRASILIA, June 22 Brazil's Supreme Court is expected to rule on Thursday whether terms of plea bargains struck in the nation's sweeping corruption probes can be revised by the full court, a move critics worry could sharply weaken the most potent weapon prosecutors wield in rooting out graft.

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Brazil blocks JBS deal, seeks asset freeze amid corruption probe 22 Jun 2017

BRASILIA A Brazilian judge has blocked JBS SA's planned sale of a South American unit while the attorney general's office urged the company's assets be frozen, in signs of fallout from a corruption probe involving the controlling shareholders of the world's No. 1 meatpacker.

UPDATE 2-Brazil blocks JBS deal, seeks asset freeze amid corruption probe 21 Jun 2017

BRASILIA, June 21 A Brazilian judge has blocked JBS SA's planned sale of a South American unit while the attorney general's office urged the company's assets be frozen, in signs of fallout from a corruption probe involving the controlling shareholders of the world's No. 1 meatpacker.

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U.S. Senate Republicans unveil Obamacare replacement bill, but fate uncertain

WASHINGTON U.S. Senate Republicans on Thursday unveiled legislation that would replace Obamacare with a plan that scales back aid to the poor and kills a tax on the wealthy, but the bill's fate was quickly thrown into question as several senators voiced scepticism. | Video