Category: Pacific
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Union Pacific delivers 7% more profit as investors get good view of industry with CSX also reporting
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OMAHA, Neb. (AP) — Union Pacific reported a 7% increase in fourth-quarter profit as it managed to deliver more freight with fewer employees and continued to make the railroad more efficient. The Omaha, Nebraska-based railroad company reported earnings of $1.76 billion on Thursday, or $2.91 per share, easily beating Wall…
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Biden to Ban New Oil Drilling Over Vast Stretch of US Atlantic, Pacific Waters
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Breadcrumb links PMN works President Joe Biden is set to order a ban on new offshore oil and gas development across about 625 million acres of U.S. coastal land, ruling out the sale of drilling rights in Atlantic and Pacific waters as well as the eastern Gulf of Mexico. Article…
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Texas Pacific Land executives buy shares worth over $11k By Investing.com
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In a recent move, executives at Texas Pacific Land Corp (NYSE:), a company known for trading oil royalties, have purchased additional shares in the company. The transactions, which occurred on October 3, 2024, involved the acquisition of shares of the Company at prices ranging from $935.00 to $935.33 per share.…
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Cathay Pacific Airbus defect risked ‘extensive damage’: HK probe
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A faulty engine on an Airbus A350 that led to the cancellation of dozens of Cathay Pacific flights in early September may have led to “serious damage,” according to the results of a Hong Kong investigation published on Thursday. Hong Kong-based Cathay Airlines has briefly grounded its fleet of Airbus…
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Cathay Pacific Airbus defect risked ‘extensive damage’: HK probe
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A faulty engine on an Airbus A350 that led to the cancellation of dozens of Cathay Pacific flights in early September may have led to “serious damage,” according to the results of a Hong Kong investigation published on Thursday. Hong Kong-based Cathay Airlines has briefly grounded its fleet of Airbus…
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Taiwan deputy foreign minister to attend Pacific Islands Forum By Reuters
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TAIPEI (Reuters) – Taiwan’s deputy foreign minister will attend a meeting of Pacific island leaders in Tonga this week, the foreign ministry said on Sunday, as China and the United States vie for influence in the region. The Pacific is also an area of competition between Taipei and Beijing, with…
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US commits to bolstering financial connectivity in Pacific By Reuters
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BRISBANE (Reuters) – The United States is committed to promoting “financial connectivity, investment and integration,” a senior U.S. Treasury official told a Pacific banking meeting in Brisbane on Monday, where financial institutions and government officials are meeting to try to improve banking facilities in the region. The Pacific region is…
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Launches of FX NDF Trading in Asia Pacific
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