Bloomberg The new head of Brazil’s state-controlled oil company criticised its history of government interference and vowed to pursue policies that will boost profit, echoing a wider pledge by President Jair Bolsonaro to reduce the state’s role in Latin America’s largest economy. Roberto Castello Branco, who was sworn in as chief executive officer of Petrobras, said he was “revolted” by ...

Bloomberg The US hasn’t done enough to counter the use of technology transfers and supply chain infiltration from countries like China, leading to a grave national security risk, according to two US senators. To guard against state-sponsored technology theft and risks to supply chains that provide technology to US consumers, Senators Mark Warner and Marco Rubio have proposed legislation requiring ...

Bloomberg China’s cyberspace police have ordered Baidu Inc and Sohu.com Ltd to suspend a plethora of news services for a week, kicking off an online clean-up campaign with two of the country’s biggest internet corporations. The Cyberspace Administration of China announced it was starting a six-month effort to eradicate “vulgar” information” from a plethora of online media, including messaging services ...