Business News

Pemex Takes Over US Refinery

Pemex Takes Over US Refinery

Pemex Takes Over US Refinery Mexico’s state-owned oil company Pemex is taking over the Deer Park refinery near Houston, Texas. The company is buying the shares of just over 50 percent from its previous partner Shell for almost 600 million US dollars (491 million euros), Pemex announced yesterday. USA – Due to a lack of …

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Austrian Federal Railways Night Trains Start On Monday To Amsterdam

Austrian Federal Railways Night Trains Start On Monday To Amsterdam

OBB Night Trains Start On Monday With Amsterdam Premiere After a coronavirus-related interruption since the middle of January, the night trains of the Austrian Federal Railways (OBB) on Monday evening take up their operation again. Austria – When resuming the nightjets, a night train to Amsterdam starts for the first time, which could not start …

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US Securities And Exchange Commission Considering Stricter Regulations

US Securities And Exchange Commission Considering Stricter Regulations

US Securities And Exchange Commission Considering Stricter Regulations US Securities And Exchange Commission Considering Stricter RegulationsThe US Securities and Exchange Commission is examining stricter regulations after the collapse of the Archegos hedge fund and GameStop’s capricious prices. “Whenever there have been major market events, it is a good idea to examine what risks they could …

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EU Commission Announces Multi-Billion Dollar Climate Projects

EU Commission Announces Multi-Billion Dollar Climate Projects

EU Commission Announces Multi-Billion Dollar Climate Projects The EU-Commission has proposed investments worth billions for ten new climate projects. The Brussels authority announced today that it will provide approximately ten billion euros for this purpose, which project partners will top up by at least the same amount. Specifically, it is about projects that are intended …

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Ford Stops Production In Brazil

Ford Stops Production In Brazil

Ford Stops Production In Brazil The US automaker For d will close its last three plants in Brazil this year. The reason for this is the slump in sales in South America due to the coronavirus pandemic, the company announced yesterday. According to a report by financial news agency Bloomberg, the closure will cut 5,000 …

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