Gunvor To Expand In United States After Strong Profits - CEO
March 23 (Reuters) - The United States has designated one former and two current Paraguayan officials for what Washington said was their involvement in "significant corruption," making the officials and their families ineligible for entry into the North American country.
The U.S.
action targets former director of the Paraguayan Civil Aviation Authority, Edgar Melgarejo, current member of the Paraguayan Panel for the Discipline of Judges and Prosecutors, Jorge Bogarin, and current Court Clerk Vicente Ferreira, State Department spokesperson Vedant Patel said in a statement.
March 23 (Reuters) - The United States and Canada have reached a deal that would allow for the closure of an unofficial border crossing between New York state and the province of Quebec, but the final details still need to be worked out, a Canadian government source familiar with the talks told Reuters.
OTTAWA, March 24 (Reuters) - The United States and Canada must together build a North American market on everything from semiconductors to solar panel batteries, in the face of growing competition, including from an "increasingly assertive China," Prime Minister Justin Trudeau said on Friday.
TAIPEI, March 21 (Reuters) - Taiwan President Tsai Ing-wen will transit the United States to and from a visit to Central America on a trip starting at the end of this month, the presidential office said on Tuesday.
A nearly two-minute preview video, made available before the campaign rollout in early March, featured soldiers jumping out of airplanes, working on helicopters, climbing obstacle courses and diving underwater. The 'Be All You Can Be' slogan dominated its recruiting ads for two decades starting in 1981.
"It was a very, very good year. All our activities did very well," CEO Torbjorn Tornqvist told Reuters on the sidelines of the Financial Times Commodities Global Summit, declining to give figures as the firm's results are still being finalised.
The DOJ and the financial market regulator the CFTC have continued investigating the firm and Gunvor expects to pay a fine.
"We are looking at whether to take a provision on our books for 2022," Tornqvist said.
Swiss energy traders have posted record returns over the last few years as they thrived in extremely volatile markets brought on by the COVID-19 pandemic and then Russia's invasion of Ukraine last year.
LAUSANNE, Switzerland, March 21 (Reuters) - Energy trader Gunvor made strong profits last year and is looking to expand its oil trading and develop a significant power trading arm in the United States, its CEO told Reuters.
We think Europe was able to cover about half... Some of it is weather related," he said. That´s about 1,000 LNG cargoes. and the rest is demand destruction, close to 20%. "Europe was taking about 110 billion cubic meters per year from Russia.
