SAO PAULO (Reuters) – Heineken NV, the world’s second-largest brewer, said on Thursday it will invest 1.5 billion reais ($300.8 million) in Brazil as part of an expansion plan for its premium and single malt beer portfolios. Brazilian beer drinkers are among the world’s biggest consumers of Heineken, according to the company. The planned investment…
CHICAGO (Reuters) -JBS USA, one of biggest U.S. meatpackers, is creating an internal company to clean some of its processing plants after a private sanitation firm it employed was accused of hiring children for dangerous work. The launch shows the complexities involved in replacing Packers Sanitation Services Inc (PSSI), a firm that contracts to clean…
By Richard Cowan WASHINGTON (Reuters) – A fresh push for a bipartisan immigration overhaul, coupled with enhanced border security, is emerging in the U.S. Congress, as thousands of migrants amass across the border in Mexico ahead of the end of COVID-era border restrictions next week. The latest among those efforts is a last-minute legislative push…
(Reuters) – U.S. oil and gas producer ConocoPhillips on Thursday said it sees “light at the end of the tunnel” in long-running claims for expropriation of its Venezuelan assets. Conoco has a more than $8 billion arbitration award on the 2007 expropriation of three oil projects in Venezuela, and is pursuing another lawsuit in the…
NEW YORK (Reuters) – The U.S. Virgin Islands may serve legal papers on Larry Page as part of its lawsuit against JPMorgan Chase & Co <JPM.N> over its ties to the late sex offender Jeffrey Epstein, a judge ruled on Thursday. The ruling by U.S. District Judge Jed Rakoff in federal court in Manhattan did…
By Ernest Scheyder (Reuters) – Albemarle Corp plans to deploy new lithium filtration technologies in Chile as the government moves to broader control over its vast lithium sector and expand production of the metal used to make electric vehicle (EV) batteries, Chief Executive Kent Masters said on Thursday. While lithium for years has typically been…
By Bernardo Caram and Nicolás Misculin BRASILIA/BUENOS AIRES (Reuters) – Argentina is seeking new easing of targets in its $44 billion deal with the International Monetary Fund and faster payouts, and is pushing to get key IMF members the United States and Brazil to support it, government officials said. The country is expected to return…
By Dominique Vidalon PARIS (Reuters) – Heavily-indebted French retailer Casino said on Thursday sales growth slowed in the first quarter, fuelling further concerns over its ability to generate cash and sending its shares down as much as 15%. Casino, headed and controlled by veteran entrepreneur Jean-Charles Naouri, is striving to find a way out of…
By Rodrigo Campos, Jorgelina do Rosario and Ank Kuipers NEW YORK/LONDON/PARAMARIBO (Reuters) -Suriname reached an agreement in principle with its Eurobond creditor committee for the restructuring of its debt, the government said on Wednesday. The deal to restructure Suriname’s two outstanding dollar-denominated bonds includes a single, $650 million 10-year bond with a 7.95% interest rate,…
By Mircely Guanipa PUNTO FIJO (Reuters) – More than half of the 22 oil tankers in Venezuela’s fleet are so run down that they should be immediately repaired or taken out of service, according to an internal report from state-run oil company PDVSA that was shared exclusively with Reuters. The report by PDVSA’s maritime branch,…
