FPL, stakeholders reach tentative deal to keep electric bills below national average through 2029
Juno Beach, FL – Florida Power & Light Company says it has reached an agreement in principle with major stakeholders on a four-year rate settlement aimed at keeping customer bills well below…
Argentina bonds sink in snub to $45 billion IMF deal
By Walter Bianchi and Rodrigo Campos BUENOS AIRES/NEW YORK – Argentine sovereign bonds tumbled some 2.3% on Friday, a day after the government struck a $45 billion staff-level agreement with the International…
Jury convicts Buffalo man on gun charges after pot deal turned into shooting
BUFFALO, NY – A 29-year-old Buffalo man has been convicted of being a criminal in possession of an illegal weapon and acquitted of all other charges this week. “Erie County District Attorney…
FTC approaches March deadline for reviewing Amazon-MGM deal -source
– The Federal Trade Commission is approaching a mid-March deadline for making a decision on whether to approve Amazon.com Inc’s purchase of movie studio MGM for $8.5 billion, according to a source…
New York City inks deal for creation of offshore wind hub in Brooklyn
– Two European energy companies on Thursday said they reached a deal with New York City to transform a Brooklyn port complex into an operations and staging hub for offshore wind projects…
Google reaches new deal with French newspapers on licensing rights
PARIS – A trade association including close to 300 French newspapers and Google have reached a new agreement regarding the issue of content publishing rights, both parties said on Thursday. The deal…
Australia’s Core Lithium enters into supply deal with Tesla, shares jump
– Australia’s Core Lithium Ltd on Wednesday entered into an agreement with Tesla Inc to supply the U.S. electric car maker with lithium spodumene, sending its shares up 13% in early trading.…
Nashville Man Convicted Of Federal Firearm & Drug Offenses After Killing Another During Drug Deal
NASHVILLE – A federal jury in Nashville yesterday found a local man guilty of federal firearm offenses following the shooting death of another man during a drug deal in 2019, announced U.S.…
OPEC+ deal seen on track despite Russia’s Ukraine invasion -sources
By Olesya Astakhova, Alex Lawler and Ahmad Ghaddar MOSCOW/LONDON – A deal among OPEC+ oil producers including Russia is showing no cracks so far after Russia’s invasion of Ukraine, OPEC+ sources said,…
Japan says it will deal with oil release from reserves in cooperation with IEA, other nations
TOKYO – Japan said on Friday it will appropriately deal with oil release from national reserves in cooperation with the International Energy Agency and relevant countries, after Russia’s attack on Ukraine fueled…
Argentina says IMF deal ‘imminent’; could go to Congress within days
By Agustin Geist and Walter Bianchi BUENOS AIRES – Argentina is poised to “imminently” send an agreement with the International Monetary Fund (IMF) to the country’s Congress for approval, government spokeswoman Gabriela…
Decisions need to be taken by the West to reach nuclear deal, Iran negotiator says
DUBAI – Western partners in nuclear talks with Iran in Vienna have to make decisions on crucial issues to help reach an agreement, Iranian officials said on Thursday on Twitter. Reuters reported…
Bank of Canada March interest rate hike a done deal, say economists: Reuters poll
By Shrutee Sarkar BENGALURU – The Bank of Canada will raise interest rates by 25 basis points on March 2, earlier than previously thought and ahead of the U.S. Federal Reserve, according…
Activision’s mobile gaming unit to see leadership changes ahead of Microsoft deal
– Video game maker Activision Blizzard Inc’s mobile gaming unit, King, said on Wednesday two of its senior executives, including a co-founder, would leave the company before its deal with Microsoft Corp.…
Brookfield in talks to buy First Abu Dhabi Bank’s payments arm in $1 billion deal – Bloomberg News
– Canada’s Brookfield Asset Management Inc is in talks to buy the payments business of UAE’s biggest lender First Abu Dhabi Bank PJSC, Bloomberg News reported on Tuesday. The unit, called Magnati,…
Canadian banks set for 1st-qtr profit growth, but costs, margins could deal blow
By Nichola Saminather TORONTO – Canadian banks are set to report higher first-quarter earnings from a year ago, thanks to low provisions for credit losses and improving loan demand, but rising costs…
UK must deal with Russian money in the City, Johnson says
LONDON – Britain has an issue with Russian money funnelling through the City of London and it must be dealt with, Prime Minister Boris Johnson said on Sunday. Johnson has threatened to…
Former Philadelphia Man Conspired to Deal a Cocaine and Meth Mixture
PITTSBURGH, PA – A former resident of Philadelphia, Pennsylvania, pleaded guilty in federal court in Pittsburgh on charges of violating federal narcotics law, United States Attorney Cindy K. Chung announced today. Terry…
G20 says global corporate tax deal should go live next year
By Leigh Thomas PARIS -G20 finance ministers recommitted on Friday to implementing a global overhaul of cross-border corporate tax rules next year in the face of concerns that meeting the deadline could…
Iran nuclear deal could be agreed very soon, EU official says
BRUSSELS -A senior European Union official said on Friday that a U.S.-Iranian deal to revive Iran’s 2015 nuclear agreement was close but success depended on the political will of those involved. “I…
‘May be soon’: Argentina’s $40 billion IMF deal trundles closer despite push-back
By Jorge Otaola and Adam Jourdan BUENOS AIRES – Argentina’s deal with the International Monetary Fund (IMF) to refinance over $40 billion in debts is trudging closer to the finish line, despite…
Exclusive-Ukraine bids for SDR transfers in funding push, new IMF deal – Finance Minister
By Karin Strohecker and Natalia Zinets LONDON/KYIV – Ukraine is working with the United States and other Western nations on unlocking billions of dollars in funding to shore up its finances and…
Mexico border city auto workers gear up for union vote in trade deal test
By Daina Beth Solomon MEXICO CITY -Two years after workers at Mexico’s Tridonex auto-parts plant began a campaign to replace a union that they accused of failing to push for higher wages,…
Exclusive-Iran nuclear deal draft puts prisoners, enrichment, cash first, oil comes later -diplomats
By Francois Murphy, Parisa Hafezi and John Irish VIENNA – A U.S.-Iranian deal taking shape to revive Iran’s 2015 nuclear agreement with world powers lays out phases of mutual steps to bring…
Exclusive-Universal Music to develop collectible NFTs in deal with Curio platform
By Dawn Chmielewski – Universal Music Group has struck a partnership with NFT platform Curio to develop non-fungible token (NFT) collections for its record labels and artists, the companies said on Thursday.…
Cryptocurrency firm Circle doubles valuation to $9 billion in tweaked SPAC deal
-Cryptocurrency operator Circle Internet Financial said on Thursday it was valued at $9 billion under new deal terms with Concord Acquisition Corp, a blank-check firm backed by former Barclays boss Bob Diamond.…
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