Good morning! Here’s what you need to know.
1. Colombian President-elect Ivan Duque on Wednesday named Alberto Carrasquilla as his finance minister when he takes office in August. He said he and the central bank agreed on the need to bolster economic growth and strengthen the middle class.
2. Washington repeated a warning to Western firms invested in Russia’s Nord Stream 2 pipeline to Germany that they were at risk of sanctions, and said Moscow was using the project to divide Europe. “We have been clear that firms working in the Russian energy export pipeline sector are engaging in a line of business that carries sanctions risk,” a spokesman for the U.S. State Department told Reuters.
3. Broadcom Ltd is nearing a roughly $19 billion deal to acquire business software company CA Inc. The deal would come just four months after U.S. President Donald Trump blocked Broadcom’s $117 billion hostile bid for semiconductor peer Qualcomm Inc, on the grounds that it posed a threat to U.S. national security.
4. General Electric’s chief executive for Latin America took part in a medical equipment price-fixing scheme while at the conglomerate, making it a member of an international health-care cartel, according to …read more
Source:: Businessinsider – Finance