SYDNEY (Reuters) - Australia's major supermarkets could face fines of up to A$10 million ($6.6 million) if suppliers and growers are not treated fairly, an independent government review said on Monday, as it proposed to make a voluntary grocery code of conduct mandatory. Under the proposed rules, supermarkets with annual revenue of over A$5 billion will fall under the mandatory...

BRASILIA (Reuters) - President Luiz Inacio Lula da Silva called a meeting on Sunday evening with three cabinet ministers that could decide on whether to replace the chief executive of Brazil's state-run oil company Petrobras Jean Paul Prates, two sources told Reuters. The ministers of Finance, Fernando Haddad, of Mines and Energy, Alexandre Silveira, and Lula's chief of staff, Rui...

BRASILIA (Reuters) - Brazilian Supreme Court Justice Alexandre de Moraes on Sunday opened an inquiry into Elon Musk for obstruction of justice involving social media company X, according to a court document. Musk is challenging a decision by Moraes ordering his social media platform X to block certain accounts. Musk earlier on Sunday posted that X will lift the restrictions...

BEIJING, April 8 (Reuters) - China's electric vehicle companies do not rely on subsidies to gain a competitive advantage and accusations by the U.S. and Europe of overcapacity are groundless, Commerce Minister Wang Wentao said on Sunday in Paris. Wang made the remarks at a roundtable meeting of Chinese firms in Paris, where he is set to discuss China's exports...