SAO PAULO, Sept 20 Brazil's iconic former leader Luiz Inacio Lula da Silva will stand trial on corruption charges, a crusading federal judge ruled on Tuesday.
Judge Sergio Moro said that Lula, the most powerful political force in Brazil during the last two decades, will be judged for allegedly accepting 3.7 million reais ($1.11 million) in bribes connected to the sweeping kickback probe at state-run oil company Petrobras.
(Reporting by Brad Brooks; Editing by Daniel Flynn)
UPDATE 2-China industrial profits rise most in 3 years as economy stabilises
* August industrial profits up 19.5 pct yr/yr vs 11 pct in July
COLUMN-Oil exporters focus on supply, but what of China demand?: Russell
LAUNCESTON, Australia, Sept 27 Major oil exporters clearly would like higher crude prices and may even be getting closer to some sort of coordinated action, but they should be careful what they wish for as they may choke off demand growth in top importer China.