Canadian Pacific clinches $27-bln Kansas City Southern deal as rival bows out
Canadian Pacific Railway Ltd (CP.TO) inked a $27.2 billion cash-and-stock deal to buy Kansas City Southern (KSU.N) on Wednesday after Canadian National Railway Co (CNR.TO) conceded it could not save its own $29.6-billion deal for the U.S. railway.
Online Assessment Tool Highlighted at GeoConvention 2021
Following several major incidents, the energy industry is keen to use only those operations practitioners who, when responsible for delivering work used in safety-critical aspects of planning and executing wells, can demonstrate their competency. The legal – and environmental – consequences of failing to prove this are serious; yet demonstrating competency can be challenging for these practitioners.
Investor group sets tough climate blueprint for Big Oil
Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production.
Factbox: How Macau is revising its multi-billion dollar gaming industry
Macau’s government begins a 45-day public consultation on Wednesday to gauge public opinion on changes to its gaming law ahead of the rebidding process of its multi-billion dollar casinos next year.
Federer-backed shoemaker ON prices IPO above range, valued at over $6 bln
On Holding AG (ONON.N), a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.
Mexico may consider southern states for semiconductor production
As Mexico aims to boost its manufacturing of semiconductors, it may build production facilities in its southern states, where much-needed water is available, according to Economy Minister Tatiana Clouthier.
Analysis: China’s house of cards: Evergrande threatens wider real estate market
China Evergrande is teetering between a messy meltdown with far-reaching impacts, a managed collapse or the less likely prospect of a bailout by Beijing for what was once the country’s top-selling property developer.
Marketmind: Pandeconomics part 2
Slowly but surely, global policymakers are entering a new phase of their economic response to the pandemic.
In Argentina’s north, a ‘white gold’ rush for EV metal lithium gathers pace
In Argentina’s remote northern Salta province, the silence of the desert landscape is broken only by the hum of machinery pumping salt-water brine to extract lithium, a sign of accelerating efforts to ride the global electric vehicle boom.
UK employee numbers surge above pre-pandemic level
British employers added a record 241,000 staff last month, lifting the total number of employees on company payrolls to just above the level before Britain first went into a COVID-19 lockdown last year, official data showed on Tuesday.
