Dec 9 (Reuters) – The effort to clear oil from the largest crude oil spill in the United States in nearly a decade will continue until next week, the U.S. Environmental Protection Agency said on Friday. environment, making it likely that the Keystone pipeline will be shut down for several more days. TC Energy (TRP.TO) …
SAN JOSE, Calif./WASHINGTON, Dec 8 (Reuters) – The Biden administration on Thursday accused Meta Platforms Inc (META.O) of trying to buy its way to dominance in the metaverse, launching a high-profile lawsuit to try to stop parent Facebook from buying virtual reality app developer Within Inc. The FTC filed a lawsuit in July to end …
Meta takes on the US antitrust agency over the future of virtual reality Read More »
Dec 8 (Reuters) – Canada’s TC Energy shut down its Keystone pipeline in the United States after more than 14,000 barrels of crude oil spilled into a Kansas creek, making it one of the largest oil spills crude in the United States for almost a decade. The cause of the leak, which occurred in Kansas …
Keystone pipeline closed after 14,000 barrel oil spill in Kansas Read More »
NEW YORK, Nov 30 (Reuters) – Sam Bankman-Fried, founder and former CEO of now bankrupt crypto exchange FTX, tried to distance himself from suggestions of fraud in his first public appearance since the collapse of his business. losses totaling billions of dollars. Speaking via video link at The New York Times Dealbook Summit with Andrew …
Sam Bankman-Fried says he ‘never tried to commit fraud’ Read More »
Deal comes under pressure from Chinese shareholder Analysts hail ‘sense’ deal The bank could return the proceeds of the transaction to the shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its Canadian business to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion). dollars) in cash, thus paving the …
HSBC considers windfall dividend from $10 billion sale of Canadian unit to RBC Read More »
Foxconn says it is working with staff to resolve disputes Major iPhone factory rocked by protests over wages and conditions Apple says it has a team on the ground in Zhengzhou TAIPEI/SHANGHAI, Nov 24 (Reuters) – Foxconn (2317.TW) said on Thursday that a payroll-related “technical error” occurred when hiring new hires at a coronavirus-hit iPhone …
Foxconn apologizes for payroll error at Chinese iPhone factory after workplace unrest Read More »
Budget finds more than 21 billion euros to bring energy bills under control Taxes additional profits of energy companies at 35% Includes amnesty on tax arrears, reduction of retirement age Relaunches the bridge project linking Sicily to the mainland ROME, Nov 22 (Reuters) – Italy’s new right-wing government on Tuesday approved its first budget, a …
Nov 21 (Reuters) – Brazil’s President-elect Luiz Inacio Lula da Silva is to begin talks with candidates for the leadership of oil firm Petrobras this week, sources familiar with the talks said, kicking off a difficult few months for the state-controlled company. Lula, who takes office on January 1, has already announced plans for a …
Lula to begin job interviews for Petrobras overhaul Read More »
Nov 18 (Reuters) – The way the banking system manages its cash suggests the financial system may not be as bountiful as many now believe, and that could have implications for how the Federal Reserve manages the size of its balance sheet, a document from the Federal Reserve Bank of New York announced on Friday. …
NY Fed: Bank liquidity could be tighter than expected, with policy implications Read More »
