Category: Americas
Five Arrested in Migration Center Fire That Left 39 Dead in Mexico
New York Times The authorities said arrest warrants had been obtained for three government migration officials, two private security workers and a migrant accused of starting the blaze. https://www.nytimes.com/2023/03/30/world/americas/mexico-arrests-migration-center-fire.html
Read MorePolice Missteps Contributed to Canada’s Deadliest Shooting Rampage, Inquiry Says
New York Times A commission found there was confusion, poor communication and inflexible thinking among the police during a 13-hour rampage in 2020 in which 23 people died. https://www.nytimes.com/2023/03/30/world/canada/inquiry-police-deadliest-shooting.html
Read MoreBritain takes aim at Microsoft’s $69 billion ‘Call of Duty’ deal
Reuters Reuters reported that Britain placed another hurdle in the way of Microsoft’s $69-billion mega purchase of “Call of Duty” maker, Activision Blizzard, saying it could harm gamers by weakening the rivalry between Xbox and Sony’s PlayStation. The post Britain takes aim at Microsoft’s $69 billion ‘Call of Duty’ deal appeared first on Reuters News…
Read MoreReuters first to report that Iran to start revamp at Venezuela’s largest refining complex within weeks
Reuters Reuters was first to report that state firms from Iran and Venezuela are soon to start a 100-day revamp of the South American nation’s largest refining complex to restore its crude distillation capacity. Sources said the effort by state oil company PDVSA and the National Iranian Oil Refining and Distribution Company to boost fuel…
Read MoreReuters exclusively reveals Chile copper output growth to slow as mining projects face delays
Reuters Citing an unpublished report, Reuters exclusively reported that Chile’s mining regulator Cochilco was forecasting far slower growth in copper production over the next decade than previously estimated, with peak output two years later than anticipated and at a significantly lower level. The news revealed that Chile, the world’s top producer of the metal, was facing hurdles…
Read MoreReuters reveals ValueAct calls for Seven & i to spin off 7-Eleven retail chain
Reuters Reuters was first to report that hedge fund ValueAct Capital urged Seven & i Holdings shareholders to back a spin-off of the company’s 7-Eleven convenience store chain, arguing the move would improve the conglomerate’s valuation and corporate governance. The U.S.-based investment firm, which owns a 4.4% stake in the Japanese company and has been urging it…
Read MoreReuters reveals Chesapeake Energy to offload part of south Texas operations for $1.4 bln
Reuters Reuters was first to report that oil and gas exploration and production company Chesapeake Energy Corp agreed to sell part of its operations in south Texas to private equity-owned WildFire Energy for $1.4 billion in cash. After Reuters revealed the news, Chesapeake formally announced the sale of the operations to WildFire. Oklahoma City-based Chesapeake has been…
Read MoreReuters reveals Shells’ LNG Canada Project to Delay Shift to Renewable
Reuters Reuters exclusively reported that Shell PLC’s Canada export project team in British Columbia plans to start building its proposed second phase with natural gas-powered turbines and a switch to electricity as more renewable power becomes available. LNG Canada CEO Jason Klein told Reuters in an interview that lack of transmission infrastructure makes the whole…
Read MoreReuters reveals NI to explore options including sale amid interest from Emerson Electric
Reuters Reuters was first to report that National Instruments Corp had received acquisition interest from Emerson Electric. A few days after the Reuters news, Emerson disclosed a nearly $7 billion hostile offer for NI, which the company had been trying to buy unsuccessfully for several months. The post Reuters reveals NI to explore options including sale amid…
Read MoreReuters reveals Exxon prepares to start up $2 bln Texas oil refinery expansion
Reuters Reuters exclusively reported that Exxon Mobil Corp will sharply boost gasoline and diesel production at its Beaumont, Texas, refinery, completing a $2 billion expansion first considered nine years ago. Initial startup of a crude distillation unit at the 369,000-bpd refinery is expected by Jan. 31, making the Beaumont refinery the second largest in the…
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