•A Delaware bankruptcy judge ruled that AIG engaged in deception to avoid paying hundreds of millions of dollars in deferred compensation to former executives.
•The judge reclassified a $37.6 billion intercompany loan from AIG to its financial-products unit as equity rather than a bona fide loan.
•BHP Group reported a strong financial year supported by record iron ore production in Western Australia and strong performance at the Escondida copper mine.
•XP reported Q2 gross revenue of BRL 5.1 billion, an 8% increase year-over-year driven by equities and corporate banking.
•Rio2 operations at the Phoenix Gold project were disrupted by severe winter storms, resulting in approximately four weeks of lost production.
