North America Archives | Reuters News Agency Wed, 22 Nov 2023 16:47:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://www.reutersagency.com/wp-content/uploads/2024/06/reuters-favicon-2-150x150.png North America Archives | Reuters News Agency 32 32 First Quantum plans maintenance for Panama copper mine amid protests  https://www.reutersagency.com/en/reutersbest/article/first-quantum-plans-maintenance-for-panama-copper-mine-amid-protests/ Mon, 20 Nov 2023 15:09:55 +0000 https://www.reutersagency.com/en/?post_type=best&p=309315 Reuters exclusively reported that Canada’s First Quantum Minerals was considering putting its key Panama copper miner on care and maintenance […]

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]]> Reuters exclusively reported that Canada’s First Quantum Minerals was considering putting its key Panama copper miner on care and maintenance from Nov. 23, effectively shutting production at a mine that accounts for about 1% of global output. Citing sources familiar with the matter, Reuters reported that the move follows protests that blocked coal from reaching First Quantum’s plant. Supply concerns at First Quantum’s Panama contributed to copper prices jumping to two-month highs traders said while First Quantum shares extended fall to drop as much as 5.7% on the news. 

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]]> Sigma Lithium COO steps down in new leadership shakeup, shares dive  https://www.reutersagency.com/en/reutersbest/article/sigma-lithium-coo-steps-down-in-new-leadership-shakeup-shares-dive/ Thu, 05 Oct 2023 16:56:33 +0000 https://www.reutersagency.com/en/?post_type=best&p=307730 Reuters reported exclusively on Thursday that Sigma Lithium’s chief operating officer left the company last month, sending shares of the […]

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]]> Reuters reported exclusively on Thursday that Sigma Lithium’s chief operating officer left the company last month, sending shares of the miner 7% lower amid its latest leadership shakeup. Sigma on Friday confirmed the executive’s departure. The story followed an exclusive report the week before on a mining rights dispute involving the husband-and-wife pair who ran the company together until earlier this year. 

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]]> Lundin in talks with Japanese trading houses to develop Argentina mine  https://www.reutersagency.com/en/reutersbest/article/lundin-in-talks-with-japanese-trading-houses-to-develop-argentina-mine/ Thu, 05 Oct 2023 15:48:44 +0000 https://www.reutersagency.com/en/?post_type=best&p=307718 Reuters exclusively reported that Canadian miner Lundin Mining was in talks with Japanese trading houses and large miners to sell […]

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]]> Reuters exclusively reported that Canadian miner Lundin Mining was in talks with Japanese trading houses and large miners to sell between 40%-50% stake in its Argentina copper-gold mine. Lundin’s incoming CEO Jack Ludin told Reuters in an exclusive interview that the company is planning to make an announcement next year. Ludin shares turned positive and rose as much as 4.2% soon after. 

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]]> Mexico’s Pemex, Vitol reach graft settlement worth more than $30 million   https://www.reutersagency.com/en/reutersbest/article/mexicos-pemex-vitol-reach-graft-settlement-worth-more-than-30-million/ Mon, 02 Oct 2023 12:41:51 +0000 https://www.reutersagency.com/en/?post_type=best&p=308582 Reuters was first to report that the Mexican state energy company Pemex has received a settlement worth more than $30 […]

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]]> Reuters was first to report that the Mexican state energy company Pemex has received a settlement worth more than $30 million from Vitol, including a $23 million cash payment, over a graft scandal that halted deals with the Swiss-based trader, documents showed. 

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]]> Canadian lender BMO to wind down retail auto finance business  https://www.reutersagency.com/en/reutersbest/article/canadian-lender-bmo-to-wind-down-retail-auto-finance-business/ Sun, 17 Sep 2023 18:08:00 +0000 https://www.reutersagency.com/en/?post_type=best&p=307988 Reuters was ahead in reporting that Bank of Montreal (BMO) is winding down its retail auto finance business and shifting […]

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]]> Reuters was ahead in reporting that Bank of Montreal (BMO) is winding down its retail auto finance business and shifting focus to other areas in a move that will result unspecified number of job losses, Canada’s third largest bank.

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]]> Britain takes aim at Microsoft’s $69 billion ‘Call of Duty’ deal https://www.reutersagency.com/en/reutersbest/article/britain-takes-aim-at-microsofts-69-billion-call-of-duty-deal/ Wed, 08 Feb 2023 19:21:00 +0000 https://www.reutersagency.com/en/?post_type=best&p=298644 Reuters reported that Britain placed another hurdle in the way of Microsoft’s $69-billion mega purchase of “Call of Duty” maker, […]

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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.

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]]> Reuters reveals ValueAct calls for Seven & i to spin off 7-Eleven retail chain https://www.reutersagency.com/en/reutersbest/article/reuters-reveals-valueact-calls-for-seven-i-to-spin-off-7-eleven-retail-chain/ Thu, 19 Jan 2023 21:07:00 +0000 https://www.reutersagency.com/en/?post_type=best&p=298307 Reuters was first to report that hedge fund ValueAct Capital urged Seven & i Holdings shareholders to back a spin-off of the […]

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]]> 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 to make changes for at least a year, called on shareholders, in a letter reviewed by Reuters, to express their opinions on the matter to Seven & i’s board.

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]]> Reuters reveals Chesapeake Energy to offload part of south Texas operations for $1.4 bln https://www.reutersagency.com/en/reutersbest/article/reuters-reveals-chesapeake-energy-to-offload-part-of-south-texas-operations-for-1-4-bln/ Wed, 18 Jan 2023 21:21:00 +0000 https://www.reutersagency.com/en/?post_type=best&p=298355 Reuters was first to report that oil and gas exploration and production company Chesapeake Energy Corp agreed to sell part of its […]

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]]> 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 trying to divest its entire South Texas operations to focus on natural gas-producing acreage in other parts of the United States. The deal it has clinched falls short of meeting the demands of activist investor Kimmeridge Energy Management, which is among the 15 largest Chesapeake shareholders, to exit South Texas entirely.

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]]> Reuters reveals Shells’ LNG Canada Project to Delay Shift to Renewable https://www.reutersagency.com/en/reutersbest/article/reuters-reveals-shells-lng-canada-project-to-delay-shift-to-renewable/ Tue, 17 Jan 2023 18:47:00 +0000 https://www.reutersagency.com/en/?post_type=best&p=298192  Reuters exclusively reported that Shell PLC’s Canada export project team in British Columbia plans to start building its proposed second […]

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]]>  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 electrification of the plant a challenge. With global demand for natural gas from sources other than Russia accelerating after its invasion of Ukraine last year, LNG Canada is weighing whether to build a second phase to double its annual capacity to 28 million tonnes by 2030.

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]]> Reuters reveals NI to explore options including sale amid interest from Emerson Electric https://www.reutersagency.com/en/reutersbest/article/reuters-reveals-ni-to-explore-options-including-sale-amid-interest-from-emerson-electric/ Fri, 13 Jan 2023 21:11:00 +0000 https://www.reutersagency.com/en/?post_type=best&p=298331 Reuters was first to report that National Instruments Corp had received acquisition interest from Emerson Electric. A few days after the Reuters […]

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]]> 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.

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