Category: Americas
Reuters reveals Southwest CEO says all options ‘on the table’ after carrier’s meltdown, and vows responsibility
Reuters Reuters exclusively revealed that Southwest Airlines Co Chief Executive Bob Jordan is looking at all options to ensure the operational meltdown the company suffered last month is not repeated. The Dallas-based carrier has been dealing with customer outrage and regulatory scrutiny after a systems meltdown left thousands of passengers stranded. The post Reuters reveals…
Read MoreReuters reveals Canada’s Trudeau urges Alberta to contribute to carbon-capture incentives
Reuters Reuters shed light on how Canadian Prime Minister Justin Trudeau urged the government of the main oil-producing province of Alberta to use its budget surplus to help bolster tax credits meant to help scale-up carbon- capture and storage, and reduce emissions. The post Reuters reveals Canada’s Trudeau urges Alberta to contribute to carbon-capture incentives…
Read MoreReuters reveals TikTok freezes consultant hiring for U.S. security deal as opposition mounts
Reuters Reuters exclusively revealed that TikTok has put on hold a hiring process for consultants that would help it implement a potential security agreement with the United States as opposition to such a deal among U.S. officials grows. President Joe Biden revoked an executive order in 2021 by his predecessor Donald Trump to ban TikTok…
Read MoreReuters reveals drugmakers to raise prices on at least 350 drugs in U.S. in January
Reuters Reuters exclusively revealed that drugmakers including Pfizer Inc, GlaxoSmithKline PLC, Bristol Myers Squibb, AstraZeneca PLC and Sanofi SA plan to raise prices in the United States on more than 350 unique drugs in early January. The increases are expected to come as the industry prepares for the Biden Administration’s Inflation Reduction Act, which lets…
Read MoreReuters reveals Latin American e-commerce and fintech firm MercadoLibre in talks with WhatsApp on business messaging payment
Reuters Reuters was first to report that Latin American e-commerce and fintech firm MercadoLibre was in talks with Meta to process payments for its WhatsApp messaging service starting in Brazil. MercadoLibre Chief Financial Officer Pedro Arnt told Reuters in an interview that the firm was already in the test phase. Facebook owner Meta said last month that…
Read MoreReuters reveals to protect Pemex, Mexico’s energy ministry tried to block stricter flaring rules
Reuters Reuters exclusively revealed that Mexico’s energy ministry tried to block the publication of stricter rules on natural gas flaring, saying they would hurt state oil company Pemex. Documents seen by Reuters showed a concerted effort by the ministry to stop Mexico’s official gazette from publishing tighter rules drafted by an independent regulator. The ministry…
Read MoreReuters reveals Trinidad asks U.S. to allow Venezuelan gas imports for LNG plant
Reuters Reuters exclusively reported that the government of Trinidad and Tobago is asking the U.S. to authorize Venezuelan gas imports to restart an idled liquefaction train in the Caribbean nation. Trinidad’s past requests for U.S. approval have gone unanswered, but the Biden administration’s willingness to ease some sanctions on Venezuela if President Nicolas Maduro and…
Read MoreReuters reveals Mexico succession puts scientist on path to be first woman president
Reuters Reuters provided insight into how the most historic legacy of President Andres Manuel Lopez Obrador, a left-leaning resource nationalist who casts his administration as a turning point in the annals of Mexico, may pave the way for the country’s first woman leader. Mexico City Mayor Claudia Sheinbaum, a 60-year-old physicist and environmentalist has emerged…
Read MoreReuters reveals Brazil coffee defaults spike for second year in a row
Reuters Reuters exclusively reported Brazilian coffee farmers are defaulting on contracts for a second straight year, failing to deliver on pre-agreed sales and exposing trade houses to losses. The defaults, less widespread than last year, have scrambled the coffee market, leaving traders reluctant to agree to forward sales for next year’s crop or the one…
Read MoreReuters reveals Mexico to proceed with GMO corn ban, seeks international grain deals
Reuters Reuters exclusively revealed that Mexico is considering direct agreements with farmers in the United States, Argentina, and Brazil to secure non-genetically modified yellow corn imports, citing the country’s deputy agriculture minister, who added that a 2024 ban on genetically modified corn would not be amended. He said Mexico is on track to halve its…
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