News
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Industrial giant Copec posts Q4 profit up 15%
Feb 27 (Reuters) - Chilean industrial conglomerate Empresas Copec COPEC.SN on Thursday posted a profit for the last three months of 2024 that rose 15% to $191 million, while revenues dipped 6.4%.For the full year, profits more than tripled to $1.11 billion from revenues down 1.4% to $28.1 billion.Reuters
Thu, Feb 27
REFILE-Big fines coming for companies with export violations, says ex-Commerce official
Removes extraneous text in paragraph 8By Karen Freifeld Feb 27 (Reuters) - The U.S. Commerce Department is likely to impose hefty fines on some large companies in the coming months for offenses such as illegally shipping technology to customers in China, according to a top department official who...Reuters
Thu, Feb 27
Mexico turns over to U.S. 29 people suspected of having ties to drug trafficking
MEXICO CITY, Feb 27 (Reuters) - Mexico handed over to the United States 29 people who were suspected of being linked to drug trafficking or other crimes, a joint statement from the attorney general's office and security ministry said on Thursday.Reuters
Thu, Feb 27
Services to millions of people collapse as USAID cuts contracts worldwide
US ending aid that does not match Trump policy goals Major UN health programmes among those affectedCuts endanger millions of lives, including in SudanSouth African experts worry about impact on HIV/AIDSAdds more groups impacted in paragraphs 12 and 23-24, State Department reduction of grants in par...Reuters
Thu, Feb 27
Health Rounds: Weight loss can improve or reverse type 2 diabetes
Health Rounds is published on Tuesdays and Thursdays. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here.By Nancy LapidFeb 27 (Reuters) - Hello, Health Rounds Readers! Today we have positive news for people with type 2 diabetes and thos...Reuters
Thu, Feb 27
Flu vaccine panel meeting canceled, US FDA confirms
Adds comments from health experts in paragraphs 6-10 Feb 27 (Reuters) - The U.S. Food and Drug Administration confirmed on Thursday that a meeting of its independent advisory panel to discuss the composition of this year's flu vaccine has been canceled and the regulator would instead make rec...Reuters
Thu, Feb 27
Allianz's Holmes: Motor re would be last resort after reinsurance market and government intervention
By Rebecca DelaneyFeb 27 - (The Insurer) - A motor state-backed reinsurance scheme in the UK may be needed if insurance premiums become both unaffordable and unavailable for policyholders, Allianz UK CEO Colm Holmes warned at the Association of British Insurers’ annual conference in London on Thursd...Reuters
Thu, Feb 27
King Charles invites Trump for unprecedented second UK state visit
Starmer handed invitation to Trump at White House Would be second state visit by U.S. president Says he will attend with first lady Melania Trump Adds Trump comment on King in paragraph 5, quote from letter in paragraph 7 WASHINGTON, Feb 27 (Reuters) - Donald Trump accepted an invitation from...Reuters
Thu, Feb 27
Migrant arrests at US-Mexico border approach record low in February
WASHINGTON, Feb 27 (Reuters) - The number of migrants caught illegally crossing the U.S.-Mexico border in February is on pace to be near a record monthly low, a U.S. Department of Homeland Security spokesperson and two other sources told Reuters.Reuters
Thu, Feb 27
Trump says he is likely to accept UK deal on Chagos Islands
By Elizabeth Piper WASHINGTON, Feb 27 (Reuters) - President Donald Trump said on Thursday he was inclined to back a deal between Britain and Mauritius over the future of a U.S.-UK military base in the Chagos Islands, in a boost for British Prime Minister Keir Starmer.Trump signaled his backing fo...Reuters
Thu, Feb 27
Canada's AAA credit ratings are safe from US tariffs; provinces more at risk
Canadian provinces face credit rating threats due to US tariffsOntario, Quebec, Manitoba most vulnerable to tariffsTariffs could lower growth, revenue for Canadian provincesProvincial budgets to reveal impact of tariffs, immigrationBy Promit MukherjeeOTTAWA, Feb 27 (Reuters) - Canada enjoys AAA sove...Reuters
Thu, Feb 27
Tesla plans free self-driving taxi service in California, report says
WASHINGTON, Feb 27 (Reuters) - Tesla Inc TSLA.O is planning to launch a free self-driving taxi service in California, the Washington Post reported on Thursday, citing emails it had obtained.The electric carmaker headed by Elon Musk sought a permit from the California Public Utilities Commission in a...Reuters
Thu, Feb 27
Digital rights activists file complaints in Europe over Meta's targeted ads
AMSTERDAM, Feb 27 (Reuters) - Online rights activists have filed complaints with data protection authorities in several European countries about U.S. software firm Meta's META.O targeted advertising practices, the Eko group said on Thursday.The group said it had filed complaints with watchdogs i...Reuters
Thu, Feb 27
Blue Marble launches Zurich-backed impact reinsurance facility
By Henry GaleFeb 27 - (The Insurer) - Insurtech Blue Marble has launched a new reinsurance facility, backed by Zurich Insurance, to provide climate protection for vulnerable communities around the world.Blue Marble's Impact Reinsurance Facility will provide risk capacity to brokers and insurers,...Reuters
Thu, Feb 27
BRIEF-S&P Says Thames Water Rating Raised To 'Ccc' From 'D' On Completed Debt Restructuring
Feb 27 (Reuters) - S&P:S&P: THAMES WATER RATING RAISED TO 'CCC' FROM 'D' ON COMPLETED DEBT RESTRUCTURING; OUTLOOK NEGATIVES&P: UPON COMPLETION OF THAMES WATER'S MATURITY EXTENSION, WE WOULD CONSIDER DEFAULT CUREDS&P: ANTICIPATE SECOND STAGE OF RESTRUCTURING PLAN W...Reuters
Thu, Feb 27
US Senator Elissa Slotkin to deliver Democratic rebuttal to Trump speech
By Gabriella BorterWASHINGTON, Feb 27 (Reuters) - Democratic U.S. Senator Elissa Slotkin, a swing state moderate with extensive national security experience, will give her party's rebuttal to President Donald Trump's address next week to Congress, her party's congressional leaders said o...Reuters
Thu, Feb 27
Judge dismisses Norfolk Southern bondholder lawsuit over 2023 Ohio derailment
NEW YORK, Feb 27 (Reuters) - A federal judge on Thursday dismissed a lawsuit accusing Norfolk Southern NSC.N of causing hundreds of millions of dollars of losses for bondholders by concealing safety risks prior to the February 2023 derailment in East Palestine, Ohio of a train carrying hazardous che...Reuters
Thu, Feb 27
Migrants in limbo in Panama jungle camp after being deported from US
Migrants deported to Panama face uncertain future in jungle campLawyers unable to contact clients held in jungle campHuman rights groups criticize U.S.-Panama deportationRights groups fear for safety of asylum seekers returned to home countriesAdds comment from State Department in paragraph 11By Sar...Reuters
Thu, Feb 27
Mexico analyzing more measures to crack down on low-cost shipments, official says
Adds details, context throughoutBy Kylie Madry MEXICO CITY, Feb 27 (Reuters) - Mexico is weighing further trade measures to crack down on low-cost shipments into the country, an official said on Thursday, after slapping tariffs on so-called "de minimis" purchases largely coming from China...Reuters
Thu, Feb 27
