Energy Update
BRASILIA, July 27 (Reuters) - Brazil's largest party is standing by deeply unpopular President Dilma Rousseff for now despite the defection of one of its own leaders, but that could change if an expected recession stirs up social unrest, party leaders say.
ZAGREB, July 27 (Reuters) - Croatia's Constitutional Court has ordered a retrial of ex-Prime Minister Ivo Sanader after he successfully appealed against the guilty verdict handed down on corruption charges.
* Sanctions may be option if no breakthrough by Aug.
LONDON, July 27 (Reuters) - Hedge funds are more bearish about the outlook for U.S. oil prices than at any time for almost five years, according to data from the U.S. Commodity Futures Trading Commission.
WASHINGTON, July 27 (Reuters) - A gauge of U.S.
Negotiating a union labor contract is often a slog. It gets more complicated if it’s a multi-year deal, and a bit treacherous if it’s a highly cyclical business.
WASHINGTON, July 27 (Reuters) - A gauge of U.S. business investment plans rebounded solidly in June, suggesting the drag on manufacturing from capital spending cuts was starting to ebb.
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