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Updated: 4 years 21 weeks ago
Court ruling in Keystone XL case is another blow against big U.S. natgas pipes
The two biggest U.S. natural gas
pipelines under construction are likely facing more delays after
an appeals court ruling against the Army Corps of Engineers,
analysts say.
Categories: Business News
FDA approves Abbvie's treatment to control menstrual bleeding
The U.S. Food and Drug Administration on
Friday approved Abbvie Inc's oral treatment for
managing heavy menstrual bleeding associated with fibroids in
premenopausal women.
Categories: Business News
UPDATE 3-Sweden excluded as neighbours Denmark and Norway ease travel restrictions
Categories: Business News
UPDATE 5-Minnesota governor calls for end to violence, expects 'swift' justice in Floyd case
Minnesota Governor Tim Walz
called on Friday for an end to the violent protests that have
rocked Minneapolis following the death of an unarmed black man
in police custody and said he expected "swift" justice for the
police officers involved.
Categories: Business News
UPDATE 2-Canada 'needs' airline industry, is monitoring day by day -minister
Canada is closely monitoring the
slumping airline industry and extended a ban on large cruise
ships to Oct. 31 to help prevent the spread of the coronavirus,
Transport Minister Marc Garneau said on Friday.
Categories: Business News
In northern Brazil, iron ore keeps flowing as Vale miners battle coronavirus
In late April, Evaldo
Fidelis, a 35-year-old tractor operator at Vale SA's
massive iron ore mine in northern Brazil, came down with a dry
cough.
Categories: Business News
UPDATE 1-Occidental Petroleum holders elect board, increase shares and authorize Berkshire warrants
Occidental Petroleum Corp
shareholders on Friday elected all 11 directors, approved the
issue of new shares and warrants and a poison-pill measure, the
first shareholder votes on last year's $38-billion acquisition
of Anadarko Petroleum.
Categories: Business News
Chile state miner Codelco sees profits free fall in first quarter
World top copper producer
Codelco saw profits plunge 85% to $54 million in the first
quarter of 2020, the company said on Friday, even as it boosted
production amid the fast-spreading coronavirus.
Categories: Business News
Mexican regulator approves new power rates amid public spat
Mexico's energy regulator
has approved new rates that electricity providers must pay the
national power utility for transmission, it said late on
Thursday, as a dispute rumbles on between the private sector and
government over industry rule changes.
Categories: Business News
UPDATE 2-Argentina bonds pop as new debt offers raise deal hopes
Argentine bonds
jumped on Friday after the government and key bondholders
exchanged new proposals to revamp around $65 billion in debt
that edged the two sides closer together and bolstered hopes
that a deal can be stuck eventually.
Categories: Business News
REFILE-GLOBAL MARKETS-Stocks slip as investors await Trump's Hong Kong response
Global stocks fell and safe
havens such as bonds and the Japanese yen rallied on Friday as
investors awaited Washington's response to China's national
security law on Hong Kong amid rising tensions between the
world's two biggest economies.
Categories: Business News
WRAPUP 1-U.S. consumer spending tanks; savings hit record high
U.S. consumers cut spending
by the most on record for the second straight month in April
while boosting savings to an all-time high, and the growing
frugality reinforced expectations the economy could take years
to recover from the COVID-19 pandemic.
Categories: Business News
Thirty countries launch alliance to share COVID-19 tools
Thirty countries led by Costa
Rica and the World Health Organization launched an initiative on
Friday aimed at sharing vaccines, medicines and diagnostic tools
to tackle the global coronavirus pandemic.
Categories: Business News
Gold M&A back on the agenda as coronavirus restrictions ease
A lull in corporate
takeover activity among gold miners is expected to end as new
coronavirus-linked travel restrictions are lifted in coming
months, clearing the way for prospective buyers, industry
executives and fund managers said.
Categories: Business News
Occidental Petroleum holders reelect board, increase shares and authorize Berkshire warrants
Occidental Petroleum Corp
shareholders on Friday reelected all 11 directors, and
approved issue of new shares and warrants and a poison-pill
measure.
Categories: Business News
United States Oil Fund faces probes into risk disclosures to investors- Bloomberg
United States Oil Fund LP, the
country's largest crude exchange-traded fund, is being
investigated by U.S. regulators over whether its risks were
properly disclosed to investors, Bloomberg reported https://bloom.bg/2yIngOo
on Friday.
Categories: Business News
MOVES-Barclays hires Lynch as chairman of banking in investment bank
Barclays PLC has hired
Alex Lynch as the chairman of banking within its investment
bank, a statement from the British lender said on Friday.
Categories: Business News
