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Keystone pipeline shut down after oil spills into Kansas creek

BENGALURU/WINNIPEG, Dec 8 (Reuters) – Canada’s TC Energy said on Thursday it had shut its giant Keystone pipeline after an oil spill into a Kansas creek, and it was unclear how long the closure would last. The size of the leak, which occurred about 20 miles south of a key junction in Steele City, Nebraska, …

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Keystone pipeline shut down after oil release into Kansas creek

Dec 8 (Reuters) – Canada’s TC Energy (TRP.TO) on Thursday said it shut the 622,000 barrel-per-day Keystone pipeline and was responding to an oil release into a creek about 20 miles south of Steele City, Nebraska. An emergency shutdown and response was initiated at about 8 pm CT on Dec. 7 after alarms and a …

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Airtel is the only bidder in Nigeria’s second 5G licensing round

ABUJA, Dec 7 (Reuters) – Airtel Africa (AAF.L) emerged as the sole bidder for a 5G high-speed spectrum license in Nigeria’s second round of licensing after another company failed to pay a deposit to continue with the auction, the regulator said on Wednesday. The Nigerian Communications Commission (NCC) issued the country’s first 5G licenses to …

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Analysis: Peru markets take in political drama as investors focus on fundamentals

NEW YORK, Dec 7 (Reuters) – On a day of high drama for Peruvian politics that saw the president threaten to dissolve Congress before himself being ousted, the Andean country’s financial markets absorbed the punch. The Peruvian sol currency and dollar bond prices recovered early losses after President Pedro Castillo was removed in an impeachment …

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Amazon shopping site back up after outage

Dec 7 (Reuters) – Amazon.com Inc (AMZN.O) said it has resolved an issue that prevented some users from accessing the shopping site on Wednesday. “We’re sorry that some customers may have temporarily experienced issues while shopping. We have resolved the issue,” a company spokesperson told Reuters, but did not provide any details on what caused …

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Elon Musk briefly loses title as world’s richest person to LVMH’s Arnault – Forbes

Dec 7 (Reuters) – Twitter owner and Tesla (TSLA.O) boss Elon Musk briefly lost his title as the world’s richest person on Wednesday, according to Forbes, following a steep drop in the value of his stake in the electric-car maker and a $44 billion bet on the social media firm. Bernard Arnault, the chief executive …

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Bankman-Fried, Ellison tap attorneys as FTX probes ramp up

NEW YORK, Dec 6 (Reuters) – FTX founder and former chief executive Sam Bankman-Fried and Caroline Ellison, head of its now-defunct trading affiliate, have tapped defense attorneys as US authorities probe the crypto exchange’s collapse, according to a spokesperson for Bankman-Fried and a source familiar with Ellison’s selection. Bankman-Fried has retained Mark S. Cohen, of …

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EU agrees law preventing import of goods linked to deforestation

BRUSSELS/SAO PAULO, Dec 6 (Reuters) – The European Union agreed on Tuesday on a new law to prevent companies from selling into the EU market coffee, beef, soy and other commodities linked to deforestation around the world. The law will require companies to produce a due diligence statement showing their supply chains are not contributing …

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Global lenders eye coordinated assistance for Sri Lanka – government

COLOMBO, Dec 6 (Reuters) – Global lenders including the World Bank, the Asian Development Bank and the IMF are planning coordinated assistance to help Sri Lanka recover from its economic crisis, the government said on Tuesday. The island of 22 million people is in the midst of its worst financial crisis in more than seven …

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India’s capital blanketed in smog despite drop in stubble burning

NEW DELHI, Dec 5 (Reuters) – India’s capital, New Delhi, was engulfed in thick smog early on Monday as cooler weather exacerbated pollution, even though government data showed that crop residue burning in neighboring states had dropped significantly. Residents of New Delhi and its suburbs endure poor air every winter as colder, heavier air traps …

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