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BOGOTA (Reuters) – Colombian President Gustavo Petro on Sunday said he had suspended a ceasefire with the Clan del Golfo, the country’s largest criminal organization, because it had attacked police. “I have ordered the armed forces to reactivate all military operations against the Clan del Golfo,” Petro said in a tweet. “We will not allow …

Colombian president suspends ceasefire with criminal group Read More »

(Reuters) -Australia’s Alliance Aviation Services Ltd said on Monday the country’s competition regulator has delayed a review until April 20 of the proposed acquisition of the charter operator by Qantas Airways Ltd. This marked the fourth delay so far by the Australian Competition & Consumer Commission (ACCC) on the carrier’s A$610.8 million ($409.97 million) acquisition …

Alliance Aviation says Australian regulator delays Qantas deal review again Read More »

By David Morgan WASHINGTON (Reuters) – U.S. House Speaker Kevin McCarthy said on Sunday that he confronted President Joe Biden about a lack of negotiations on the $31.4 trillion U.S. debt ceiling last week and told the president he is putting the economy at risk. McCarthy, the top Republican in the House of Representatives, first …

US House Speaker McCarthy says he told Biden lack of debt talks jeopardizes economy Read More »

PRAGUE (Reuters) – Czech carmaker Skoda would have to cut 3,000 jobs and axe some models if the European Union’s “Euro 7” emissions scheme is implemented in its current form, a Skoda board member warned in a TV debate on Sunday. The proposed Euro 7 law, which EU countries and lawmakers will start negotiating this …

VW’s Skoda would cut 3,000 jobs if ‘Euro 7’ implemented in current form Read More »

By Kanishka Singh and Rishabh Jaiswal WASHINGTON (Reuters) -U.S. Senator Elizabeth Warren on Sunday called for an independent probe into the recent failures of Silicon Valley Bank and Signature Bank and took specific aim at the head of the Federal Reserve Bank of San Francisco responsible for oversight of SVB. Democrat Warren, who is pushing …

US Senator Warren criticizes Fed, calls for probe into SVB failure Read More »

By Nia Williams (Reuters) – International Petroleum Corp, the first foreign oil company to sanction a project in Canada’s oil sands in more than a decade, could add carbon capture and storage (CCS) to the plant if more government financial incentives become available, its CEO told Reuters. Geneva-based IPC, part of Sweden’s Lundin Group, sanctioned …

IPC CEO urges Canada to offer more funding to build carbon capture Read More »

PARIS (Reuters) – Carmaker Stellantis will spend more than 200 million euros ($213.32 million) to manufacture four Fiat models in Algeria, it said on Sunday. Construction of the plant will be completed by August with production of the the first Fiat 500 expected by the end of the year, it said. By 2026 the plant …

Stellantis invests 200 million euros to produce Fiat cars in Algeria Read More »