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(Bloomberg) -- China detained a U.K. consulate staffer from Hong Kong for visiting a prostitute, a Chinese newspaper alleged, a new twist in a case that has raised concerns Beijing is trying to warn the British government against meddling in its former colony. China's Foreign Ministry confirmed Wednesday that Cheng, a Hong Kong citizen, was being held in administrative detention in Shenzhen on allegations of violating local laws, but didn't specify any allegations. [Extracted from the article]

The Dubai Financial Services Authority said it's communicating with U.S. Securities and Exchange Commission and other regulators on the Abraaj Group, the collapsed private-equity group whose top executives were arrested in the U.S. and the U.K. last week. "The DFSA's investigation into Abraaj Capital Ltd. and other relevant companies and persons involved in the Abraaj Group is ongoing", it said. [Extracted from the article]

Goldman Sachs Group Inc. was called on by Malaysia's market regulator to defend its role in transactions involving troubled state fund 1MDB at the risk of administrative sanctions. The Securities Commission sent a show-cause letter to the bank's Malaysian unit in December, asking Goldman to explain why such action shouldn't be taken against the bank, the regulator said in a Friday statement. [Extracted from the article]

Alberta's government maintained its mandated oil curtailment in February at the same level as January even as Canadian heavy oil prices surged. Even with surging prices and a shrinking discount for Canadian crude, crude-by-rail shipments have been rising after companies including Cenovus Energy Inc. signed multi-year contracts to send more oil out on trains. [Extracted from the article]

Opinion polls indicate runoff between Bolsonaro and Haddad Voters type a number on a keypad and the corresponding candidate's face appears on a screen, allowing Brazilians to check their choice before finalizing their ballot. [Extracted from the article]

Morgan Stanley's Lewis, Meditor's Shakerchi at AMF hearing Morgan Stanley Managing Director Daniel Lewis was accused by Autorite des Marches Financiers investigators of sharing sensitive information about a 2012 deal with Talal Shakerchi, the founder of Meditor Capital Management Ltd. But the investigators' findings were quickly criticized by AMF officials at the hearing, one of whom said Lewis's conduct was "prudent" and another who said she wouldn't recommend any fines against the men. [Extracted from the article]

The Alberta Utilities Commission said in a report on Monday that it will consider what remedy to impose after finding the Calgary-based company decided to shut plants during peak hours on four occasions, driving up power prices. TransAlta manipulated power prices "away from a competitive market outcome", the utilities commission said. Electricity supplier Capital Power Corp., based in Edmonton, estimated TransAlta's outages in 2010 cost the company C$9.3 million to C$9.8 million ($7.1 million to $7.5 million) because it had to buy replacement supplies, according to the report. [Extracted from the article]

The federal government must compensate raisin growers who are required to set aside part of their crop during high-production years, the U.S. Supreme Court ruled, gutting a decades-old program designed to stabilize prices. The raisin reserve requirement is an unusual one, and the justices said during arguments in April that the case won't affect most other Agriculture Department programs. The government takes ownership of the raisins in the pool, later selling them if market conditions warrant and giving raisin distributors some of the proceeds. [Extracted from the article]

Burgundy, a trading platform that had subsequently sought access to a data center in Stockholm, was blocked by Nasdaq through "coercive methods", the antitrust agency said. The authority's investigation into Nasdaq's market dominance was triggered by a complaint from Burgundy. [Extracted from the article]

Citigroup Inc. said a U.S. judge is letting it process two bond payments in Argentina, giving it time to exit a custody business there that got stuck in the government's legal battle with hedge funds. Citigroup said last week it's quitting the custody business in Argentina after the nation threatened to revoke the bank's license if it didn't handle the payments. [Extracted from the article]