A historic drought last year and the prospect of more in the future has spurred the Panama Canal to craft a plan for a waterway that moves about 14,000 vessels annually between the Atlantic and Pacific oceans. But its proposal to recast itself for a harsher climate faces challenges. #Reuters #News #panamacanal #panama #drought #shipping #climate
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LIVE: US Ambassador to UN Linda Thomas-Greenfield speaks U.S. Ambassador to the U.N. Linda Thomas-Greenfield speaks to the press at the start of the U.S. presidency of the Security Council for December. #Reuters #live #news #UN #diplomacy Keep up with the latest news from around the world: https://www.reuters.com/
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Reuters reposted this
Some big Sunday night news: Carlos Tavares is resigning a year+ early. Here's what we know: (with the great Giulio Piovaccari) Per a source familiar, the board felt Tavares was trying to save his reputation with short-term actions that might not help the automaker in the longer-term. This led to his abrupt departure, and the CEO limbo we're expected to have until H1 2025 when a replacement is announced. It's been quite a rollercoaster for Tavares, who was previously regarded as one of the most respected executives in the auto industry. His approach came under scrutiny after slumping sales in North American led the automaker in September to issue a profit warning on its 2024 results. Chairman John Elkann will lead a new interim executive committee. Jeff Laethem, who owns a Stellantis dealership in Detroit, said he was relieved at the news of Tavares’ resignation. The last year has been punishing for him as inventory has built up and sales of once-dependable vehicles dropped. “It couldn’t get worse,” Laethem said, adding his nearby GM dealership has not faced the same challenges. https://lnkd.in/gUXtbsYd
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Decades ago, a price-fixing scandal at crop giant ADM made "lysine" a household name (well, in some households), inspiring a book and a movie starring Matt Damon. Federal investigators are again asking about lysine, as part of a sprawling probe into account practices at Archer-Daniels-Midland. My latest for Reuters w/ Joshua Schneyer. https://lnkd.in/e9tx77zc
Internal transactions at food giant ADM spark a sprawling criminal probe
reuters.com
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Protesters and police skirmish in Georgia's capital with signs that opposition is spreading across the country due to the government's decision to suspend talks on joining the European Union. Tensions have been rising for months in the country of 3.7 million people between the ruling Georgian Dream party and opponents who accuse it of pursuing increasingly authoritarian, anti-Western and pro-Russian policies. Read more ➡️ https://reut.rs/3ZjLMxy #Reuters #Georgia #proEU #EuropeanUnion #protesters #demonstration
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LIVE: State Department briefing with Matthew Miller State Department spokesperson Matthew Miller holds a briefing. #Live #StateDept #StateDepartment #briefing #MatthewMiller #news #Reuters Keep up with the latest news from around the world: https://www.reuters.com/
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Reuters reposted this
The lawyer for U.S. President Joe Biden's son Hunter filed to dismiss indictments against him, after his father issued a pardon earlier that day that spans a decade. The U.S. Supreme Court began hearing arguments in the FDA's defense of the agency's refusal to let two e-cigarette companies sell flavored vape products that regulators found to pose a significant health risk to youths. For the second time since Republican President-elect Donald Trump's election, a federal judge has revoked his decision to take senior status after it was clear that Democratic President Joe Biden had run out of time to fill his seat. The so-called 'cursed' 180,000-carat Bahia emerald is at the center of a legal battle between good-faith buyers in the US and Brazil, which found that the emerald was illegally mined in 2001, then smuggled to the U.S. in 2005
Hunter Biden's lawyer moves to dismiss case, SCOTUS to scrutinize FDA denial of vapes, forfeiture fight over massive emerald and more ➡️
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LIVE: Pro-EU activists rally outside Georgian parliament For a fifth straight night, people gather for a pro-EU rally outside Georgia's parliament in Tbilisi to protest the federal government's decision to halt talks on European Union membership. #Live #Georgia #EU #EuropeanUnion #Tbilisi #rally #protest #parliament #government #EUmembership #politics #news #Reuters Keep up with the latest news from around the world: https://www.reuters.com/
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LIVE: Keir Starmer switches on the Downing Street Christmas lights British Prime Minister Keir Starmer switches on the Downing Street Christmas lights. #Reuters #live #news #Christmas #KeirStarmer #DowningStreet Keep up with the latest news from around the world: https://www.reuters.com/
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Food giant ADM's lofty profit forecasts for its ‘Nutrition’ division in 2018 appeared to be in sync with the times, as consumer demand surged for plant-based milks, patties, nuggets and pet foods. But Nutrition didn’t meet those goals, and now the division is at the center of a sprawling criminal probe https://reut.rs/4gevfSE
Internal transactions at food giant ADM spark a sprawling criminal probe
reuters.com