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TC Energy’s Keystone XL moves closer to 2020 construction with Nebraska ruling

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Houston — TC Energy’s hope to start construction on the 830,000 b/d Keystone XL heavy oil pipeline in 2020 took a step forward Friday with a favorable ruling from the Nebraska Supreme Court, one of the final legal obstacles facing the project after US President Trump granted a permit. Not registered? Receive daily email alerts, Read More

Powell: Fed to act as appropriate to keep expansion going

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(Reuters) – The U.S. economy is in a “favorable place” and the Federal Reserve will “act as appropriate” to keep the current economic expansion on track, Fed chair Jerome Powell said on Friday in remarks that gave few clues about whether the central bank will cut interest rates at its next meeting or not. FILE Read More

Swedish regulator delays Swedbank money-laundering probe report

16 hours ago DieselGasoil Comments Off on Swedish regulator delays Swedbank money-laundering probe report
FILE PHOTO: Swedbank signs are seen on the bank’s Latvian head office in Riga, Latvia, April 9, 2019. REUTERS/Ints Kalnins STOCKHOLM (Reuters) – The Swedish Financial Supervisory Authority (FSA) will publish the conclusions of its probe into alleged money laundering in the Baltics by the beginning of next year, it said on Friday, pushing back Read More

Pompeo tells Trudeau U.S. focused on release of two Canadians in China

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OTTAWA (Reuters) – U.S. Secretary of State Mike Pompeo on Thursday assured Canadian Prime Minister Justin Trudeau that American officials were working to free two Canadian men who have been held by China since late last year. The pair, now facing espionage charges, were detained after Canadian police picked up Huawei Technologies Co Chief Financial Read More

Mexico and U.S. reach deal to end tomato tariff dispute

2 days ago DieselGasoil Comments Off on Mexico and U.S. reach deal to end tomato tariff dispute
MEXICO CITY (Reuters) – Mexican tomato producers struck a last-minute agreement with the Trump administration to avert an anti-dumping investigation and end a tariff dispute that has rumbled on for months, government officials said on Wednesday. FILE PHOTO: Tomatoes are displayed at a vegetable stall in La Merced market, downtown Mexico City January 31, 2013. Read More

Amazon opens its biggest global campus in India

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HYDERABAD (Reuters) – Amazon.com Inc on Wednesday launched its biggest campus in the world in the southern Indian city of Hyderabad, underscoring its expansion plans in the country that has been one of its fastest growing overseas markets. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January Read More

Fearing tobacco’s fate, palm oil industry fights back

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KUALA LUMPUR (Reuters) – On the morning of Feb. 26, executives from a Washington consultancy presented a strategy paper to some of the most powerful officials in the Malaysian palm oil industry. FILE PHOTO: Land that has been cleared is pictured at an oil palm plantation in Johor, Malaysia February 26, 2019. REUTERS/Edgar Su/File Photo Read More

Australia joins US-led anti-Iran flotilla… in the name of national security & economic interests

3 days ago DieselGasoil Comments Off on Australia joins US-led anti-Iran flotilla… in the name of national security & economic interests
Australia will send a frigate and a spy plane in support of Washington’s dubious initiative to boost security in the Straits of Hormuz by filling it with foreign warships, increasing the risk of miscalculations and provocations. “The government has decided that it is in Australia’s national interest to work with our international partners to contribute,” Read More

Humbled Deutsche Bank faces battle in its own backyard

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FRANKFURT (Reuters) – Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Sewing needs to help drive the struggling lender’s recovery. FILE PHOTO: The logo of Deutsche Bank is pictured on a company’s office in London, Britain July 8, 2019. REUTERS/Simon Dawson/File Photo Read More