Page 52 - Cong News Today

Brookfield Infrastructure Partners LP (BIP.N) has filed an application with the Alberta securities regulator seeking elimination of takeover target Inter Pipeline Ltd's (IPL.TO) C$350 million ($289.11 million) termination fee to Pembina Pipeline Corp (PPL.TO).

General Electric Co (GE.N) said on Thursday it would freeze pension benefits for about 2,700 employees in the United Kingdom from January and take a related charge.

Japan's influential trade ministry colluded with Toshiba Corp's (6502.T) management to unduly influence a key shareholder vote last year, the report of an independent probe released on Thursday found. L2N2NS0EL

Czech Prime Minister Andrej Babis and his business empire may be among the first cases investigated by the European Union's new joint prosecution after a referral from national authorities, a top Czech prosecutor said on Wednesday.

Billionaire Bill Gates' advanced nuclear reactor company TerraPower LLC and PacifiCorp (PPWLO.PK) have selected Wyomingto launch the first Natrium reactor project on the site of a retiring coal plant, the state's governor said on Wednesday.

Major stock markets in the Gulf ended higher on Tuesday, with the Saudi index leading the way, while broad-based losses pulled Egyptian shares lower amid media reports the country's National Bank is set to raise $1 billion to refinance debt.

Middle EastMitsubishi Power establishes new gas turbine business in Dubai Reuters 1 minute read Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (7011.T), said on Tuesday it has established a new gas turbine business in Dubai. The gas turbine combined cycle unit will focus on the sale of J-Series Air Cooled gas turbines, which are capable of operating on a mixture of 30% hydrogen and 70% natural gas. The company said this technology can play a role in helping countries across Europ...

BusinessInvestor opposition to U.S. CEO pay at its highest ever -report Jessica Dinapoli 4 minute read A worker arrives at his office in the Canary Wharf business district in London February 26, 2014. REUTERS/Eddie Keogh/File Photo Investors have rejected a record number of executive compensation plans in non-binding votes of U.S.-listed companies this year, objecting to pay rises and the easing of performance targets in the wake of the COVID-19 pandemic, according to an analysis by consulting ...

Middle EastMIDEAST STOCKS Qatar falls on broad-based losses; Abu Dhabi gains Ateeq Shariff 3 minute read Broad-based losses pulled Qatari shares lower on Monday, with all stocks on the index except one in negative territory, while the Abu Dhabi index was buoyed by its top lender. The Qatari benchmark (.QSI) retreated 1.3%, falling for a fourth consecutive session. Petrochemical maker Industries Qatar (IQCD.QA) slid 3.8%, the biggest decline on the index. "Qatar is still facing lockdowns and slo...

[Photo/Agencies] Despite challenges in the Canada-China relationship, both sides should focus on strengthening cooperation in various fields, Chinese Ambassador to Canada Cong Peiwu said. Cong spoke during a recent webinar, "Chinas Development: Its Impact on the World and Canada-China Relations", held by the Institute for Peace and Diplomacy. Against the backdrop of a pandemic and a chill in Sino-Canadian relations, Canadas exports to China increased by about 8 percent in 2020 while Canadas...