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View of the Cobre Panama mine, of Canadian First Quantum Minerals, in Donoso, Panama, December 6, 2022. Protests have in recent weeks escalated against the miner's contract for a major copper mine operated by the company's local unit, known as Minera Panama. "The illegal actions carried out by small vessels in the port of Punta Rincon have affected the delivery of supplies that are required by Minera Panama, including for energy generation," the company said. Earlier this week, First Quantum reported that the protests blocking the port had reduced ore processing at its Cobre Panama mine, the first sign that the mine's output was at risk. On Thursday, the union for Minera Panama said it reached agreements with the company to ensure worker pay as protests kept some workers from reaching their jobs.
Persons: Senan, Eli Moreno, Brendan O'Boyle, Kylie Madry Organizations: Minerals, REUTERS, Aris, PANAMA CITY, Reuters, Minera, Aeronaval Service, CSL, Cobre, Thomson Locations: Panama, Donoso, PANAMA, Punta Rincon, Minera Panama, Panamanian, Cobre Panama
Mexican lawmakers OK stock market reform bill
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +1 min
MEXICO CITY, Nov 15 (Reuters) - Mexico's lower house on Wednesday passed a bill aimed at revamping national stock exchanges, a long-awaited move meant to boost trading following a spate of delistings from the main market in recent years. The bill loosens regulations for companies to go public, speeding up the process and reducing the costs involved, said Mexico's largest market operator, the Bolsa Mexicana de Valores, in a statement. The bill had previously passed in the Senate, and will now be sent to President Andres Manuel Lopez Obrador's desk to be signed into law. Just 138 companies are listed on the Bolsa Mexicana de Valores, which has gone six years without a new listing, barring spin-offs. Reporting by Kylie Madry and Diego Ore; Editing by Anthony Esposito and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.
Persons: Gabriel Yorio, Andres Manuel Lopez, Lala, Kylie Madry, Diego Ore, Anthony Esposito, Stephen Coates Organizations: MEXICO CITY, Bolsa Mexicana de, Senate, Grupo Sanborns, Thomson Locations: MEXICO, Bolsa Mexicana de Valores
SAN JOSE DE LUPUNA, Peru, Nov 15 (Reuters) - In the Peruvian Amazon, an extended heat wave and drought have shortened the incubation period for thousands of turtle hatchlings released into the river by biologists as part of a local environmental program. Around 3,200 yellow-spotted Amazon river turtles, known locally as taricayas, were freed as part of a plan to repopulate the species, which is threatened by hunting. [1/3]River turtles sit in a plastic basin before being released into a river in the Peruvian Amazon, in San Jose de Lupuna, Peru, November 14, 2023. But over the past two decades, more than 19,700 square kilometers (7,600 square miles) of the Peruvian Amazon have been destroyed, according to government data. This year we're releasing 3,200 taricayas, bringing us up to 23,000 released (as part of the program)," Pipa said.
Persons: We've, Zabryna Pipa, San Jose de Lupuna, Alfredo Galarza, El, Pipa, Marco Aquino, Kylie Madry, Sandra Maler Organizations: JOSE, LUPUNA, Amarumayu, REUTERS, Thomson Locations: Peru, Peruvian, Brazil, San Jose
China and Mexico's relationship has strengthened with time, Chinese President Xi Jinping said about the meeting, according to a post from the Asian country's embassy in Mexico, with Sino-Mexican relations becoming increasingly "mutually beneficial." The post added that China "is willing ... to strengthen the articulation of strategies, (and) explore the potential for cooperation ... to promote bilateral relations to a higher level." Mexico President Andres Manuel Lopez Obrador said the two leaders had "committed to continue maintaining good relations for the benefit of our people." Lopez Obrador is also set to meet with Canadian Prime Minister Justin Trudeau and U.S. President Joe Biden during the trip. Lopez Obrador and Xi agreed to combat illegal trafficking of precursor chemicals, Mexican Foreign Minister Alicia Barcena said in a post on social media network X.
Persons: Andres Manuel Lopez Obrador, Xi Jinping, Lopez Obrador, Justin Trudeau, Joe Biden, Biden, Xi, Alicia Barcena, Kylie Madry, Valentine Hilaire, Isabel Woodford, Josie Kao, Stephen Coates Organizations: Economic Cooperation, Reuters, MEXICO CITY, Canadian, U.S, Thomson Locations: Asia, San Francisco , California, U.S, MEXICO, Mexico, San Francisco . China, China, United States
IMF approves $35 bln credit line for Mexico
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +1 min
[1/3] Employees work at a stall in an outdoor market dedicated to the sale of fruits and vegetables, in Ciudad Juarez, Mexico July 27, 2023. REUTERS/Jose Luis Gonzalez/File Photo Acquire Licensing RightsMEXICO CITY, Nov 16 (Reuters) - The International Monetary Fund's executive board has approved a two-year, $35 billion flexible credit line for Mexico, it said in a statement on Thursday, noting the Latin American country's economy is undergoing a broad-based expansion. This is Mexico's tenth flexible credit line arrangement since 2009, and the country has reduced amounts of the lines granted in recent years, the IMF said. In 2017, the IMF granted Mexico a credit line worth around $88 billion, which by 2021 was reduced to $50 billion. Authorities will reassess the external risk outlook and their implications on access under the agreement in November 2024, the IMF added.
Persons: Jose Luis Gonzalez, Gita Gopinath, Gopinath, Kylie Madry, Valentine Hilaire, Nick Zieminski Organizations: REUTERS, MEXICO CITY, Monetary Fund's, IMF, Thomson Locations: Ciudad Juarez, Mexico, MEXICO
[1/3] A photographer takes a picture at the crime scene where photojournalist Ismael Villagomez Tapia of the local newspaper El Heraldo de Juarez was shot dead by unknown assailants, according to local media, in Ciudad Juarez, Mexico November 16, 2023. REUTERS/Jose Luis Gonzalez Acquire Licensing RightsCIUDAD JUAREZ, Mexico, Nov 16 (Reuters) - A Mexican photojournalist was killed in Ciudad Juarez in the early hours of Thursday while working as a ride-share driver, authorities and his employer said. In Mexico, many journalists work outside of the profession to pay the bills. Investigators have not ruled out the possibility that Villagomez was killed due to his work as a journalist, said Salas. "A journalist is a journalist 24 hours a day, whether or not they were working as something else meanwhile," Salas said, adding that Villagomez's cellphone was missing from the scene.
Persons: Ismael Villagomez Tapia, Juarez, Jose Luis Gonzalez, Ismael Villagomez, Carlos Manuel Salas, InDrive, Villagomez, Salas, We're, Jose Ramon Ortiz, Kylie Madry, Rosalba O'Brien Organizations: El, REUTERS, Thomson Locations: Ciudad Juarez, Mexico, CIUDAD JUAREZ, Mexican, de Juarez, El Heraldo
Lula greeted passengers with hugs and kisses after their arrival late on Monday evening, offering his support to Brazilians still in or arriving from the Gaza Strip and condemning the killing of civilians in Gaza. "I have never seen such brutal, inhumane violence against innocent people," Lula said in a short speech on the tarmac. The Gaza Strip has been under bombardment by Israel, which aims to annihilate Hamas, the militant group which runs the Gaza Strip and which attacked Israel from Gaza on Oct. 7, killing around 1,200 people. Gaza medical authorities say more than 11,000 people there have been confirmed killed, with about 40% of them being children. Lula echoed earlier criticisms of both Hamas for its attack against Israel and Israel for its reaction.
Persons: Luiz Inacio Lula da Silva, Lula, Peter Siqueira, Gabriel Araujo, Kylie Madry, Brendan O'Boyle, Raju Gopalakrishnan Organizations: SAO PAULO, Monday, Brasilia Air Base, Embraer, Gaza, South American, West Bank, Thomson Locations: Gaza, Rafah, Egypt, Cairo, Brazil, Las Palmas, Spain, Israel
Logos of Brazilian meatpacker BRF SA are seen in the headquarters in Curitiba, Brazil October 1, 2019. BRF reported a 262 million real ($53.37 million) net loss in the third quarter, larger than the 136.7 million loss a year ago but slightly better than an LSEG consensus forecast of a 279 million real loss. Despite the hit, BRF said improvements in the company's operating performance were already showing results. BRF also said net revenue was 13.8 billion reais in the quarter, nearly the same as in the year-ago period. BRF said EBITDA came in at 1.2 billion reais ($244.45 million), slightly above LSEG consensus estimates of 1.17 billion reais.
Persons: Rodolfo Buhrer, BRF, Miguel Gularte, EBITDA, Ana Mano, Kylie Madry Organizations: meatpacker BRF, REUTERS, SAO PAULO, BRF SA, Management, JBS SA, Thomson Locations: Curitiba, Brazil, U.S
"We're going to start seeing two big waves of growth" in Mexican startups, said Eric Perez-Grovas, co-founder of venture capital fund Wollef, in an interview, adding an earlier slowdown in financing activity was starting to reverse. Mexico's startups are looking to recover after a lackluster year, hit by rising inflation and high interest rates, dampened investment prospects. "The economic outlook is really, really positive, inflation is coming down and employment is steady. Nexu, an auto-financing startup, landed a $20-million investment round last month, adding onto $53 million it had previously raised. Nexu's round was oversubscribed and had buy-in from foreign investors, however, showing market appetite is increasing, said Perez-Grovas.
Persons: Edgard Garrido, Eric Perez, Melonn, Andres Felipe Archila, Perez, Grovas, Abdon Necif, Kylie Madry, Sarah Morland, Rod Nickel Organizations: REUTERS, MEXICO CITY, Mexico's, Wollef, Thomson Locations: MEXICO, Mexico, U.S
Argentina 2023 inflation seen at 185% -cenbank poll
  + stars: | 2023-11-13 | by ( ) www.reuters.com   time to read: +1 min
A saleswoman gives change to a customer at a greengrocer's shop at the Mercado Central, the city's largest wholesale central market, which receives produce from the entire country, as Argentines face a daily race for deals as inflation soars above 100%, on the outskirts of Buenos Aires, Argentina September 12, 2023. REUTERS/Matias... Acquire Licensing Rights Read moreBUENOS AIRES, Nov 13 (Reuters) - Analysts polled by Argentina's central bank raised their estimate for annual inflation for this year (ARCPIN=ECI) to 185.0%, the bank said on Monday, up from last month's estimate of 180.7%. The Market Expectations Survey (REM), conducted between Oct. 27 to 31 among 38 participants from consulting firms, financial entities and local and international research centers, estimated monthly inflation will reach 11.5% in November. Annualized inflation hit 142.7% in October, the country's statistics office said on Monday, with the monthly rise landing at 8.3%, although that was down from peaks in August and September and below analyst forecasts. Reporting by Jorge Otaola; Writing by Brendan O'Boyle; Editing by Kylie MadryOur Standards: The Thomson Reuters Trust Principles.
Persons: Matias, Jorge Otaola, Brendan O'Boyle, Kylie Madry Organizations: Mercado Central, REUTERS, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES
Lula greeted passengers with hugs and kisses after their arrival late on Monday evening, offering his support to Brazilians still in or arriving from the Gaza Strip and condemning the killing of civilians in Gaza. "I have never seen such brutal, inhumane violence against innocent people," Lula said in a short speech on the tarmac. The Gaza Strip has been under bombardment by Israel, which aims to annihilate Hamas, the militant group which runs the Gaza Strip and which attacked Israel from Gaza on Oct. 7, killing around 1,200 people. Gaza medical authorities say more than 11,000 people there have been confirmed killed, with about 40% of them being children. Lula echoed earlier criticisms of both Hamas for its attack against Israel and Israel for its reaction.
Persons: Luiz Inacio Lula da Silva, Lula, Peter Siqueira, Gabriel Araujo, Kylie Madry, Brendan O'Boyle, Raju Gopalakrishnan Organizations: SAO PAULO, Reuters, Monday, Brasilia Air Base, Embraer, Gaza, South American, West Bank Locations: Gaza, Rafah, Egypt, Cairo, Brazil, Las Palmas, Spain, Israel
Companies Localiza Rent a Car SA FollowSAO PAULO, Nov 13 (Reuters) - Brazilian car rental firm Localiza (RENT3.SA) said on Monday it recorded a 56.9% growth in third-quarter profit, in line with analysts' estimates as its fleet management business grew. The firm posted a net profit of 664.7 million reais, compared to the consensus estimate of analysts polled by LSEG of 664.52 million reais. Net revenue for Localiza's fleet management division, which rents out and services entire fleets of vehicles to clients, grew 49.2% from the year-ago quarter to 1.73 billion reais. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter reached 2.68 billion reais, up 12.5% from a year earlier. Reporting by Peter Frontini; Editing by Kylie MadryOur Standards: The Thomson Reuters Trust Principles.
Persons: Peter Frontini, Kylie Madry Organizations: SAO PAULO, Thomson
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo Acquire Licensing RightsCompanies Petroleo Brasileiro SA Petrobras FollowRIO DE JANEIRO, Nov 10 (Reuters) - Brazil's state-run oil company Petrobras' upcoming five-year business plan will include around $100 billion in investments the firm is both analyzing and those it has already committed to, a source familiar with the matter told Reuters on Friday. The plan for the 2024-2028 period will be finalized over the next few weeks, with publication expected at the end of this month, the source said. In the previous 2023-2027 period, Petrobras projected $78 billion in investments. The figures are still being approved and could change, the source said, with pitched projects including renewable energy investments.
Persons: Sergio Moraes, Marta Nogueira, Steven Grattan, Kylie Madry Organizations: REUTERS, Petroleo Brasileiro SA Petrobras, RIO DE, Petrobras, Reuters, Thomson Locations: Rio de Janeiro, Brazil, RIO DE JANEIRO
REUTERS/Matias Baglietto/File Photo Acquire Licensing RightsBUENOS AIRES, Nov 10 (Reuters) - Argentina's consumer prices likely rose by less than double digits in October, a Reuters poll showed on Friday, slowing down after hitting a three-decade high in September. The poll, which surveyed 19 analysts, showed consumer prices increasing by 9.9% in the month, slowing from the 12.4% rise in August and 12.7% climb in September, though they warned the slowdown would be temporary. "However, consumer prices are still going up quickly, especially considering the official exchange rate and government controls." The tightly controlled official exchange rate was devalued to 350 pesos per greenback in August, though it currently trades for nearly three times that on the informal parallel market. "The effect of August's peso devaluation was diluted, but it seems more inertia is building now than from before the previous exchange rate shock."
Persons: Matias Baglietto, Sergio Massa, Javier Milei, Lucio Garay Mendez, Massa, Garay Mendez, Jeronimo Montalvo, Hernan Nessi, Kylie Madry, Chizu Organizations: Mercado Central, REUTERS, Economy, U.S, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Empiria
LIMA, Nov 9 (Reuters) - Peru's government on Thursday announced a package of more than two dozen new measures aimed at boosting investments in the Andean nation, which has been hit by a recession. Economy Minister Alex Contreras said the measures included moves to attract investments to the country's critical mining sector and boosting mining production. 2 copper producer slid into recession this year due to the El Nino weather phenomenon, lower private investment and lingering effects from earlier social conflicts. With the fresh stimulus, Peru's economy will still be able to hold the country's fiscal deficit to its goal of 2.4% of GDP this year, Contreras said. "We're looking to create a jolt of confidence, for the private sector to understand that the government is committed to reactivating the economy," he said.
Persons: Alex Contreras, Contreras, Marco Aquino, Brendan O'Boyle, Kylie Madry, Alexander Smith, Sandra Maler Organizations: El, Thomson Locations: LIMA
A general view shows the water conditions in the Piraiba river before a summit of Amazon rainforest nations, in Belem, Para state, Brazil August 5, 2023. The Amazon jungle is the world's largest rainforest and its protection is seen as vital to curbing climate change. "It's an impressive result and seals Brazil's return to the climate agenda," said Marcio Astrini, head of advocacy group Climate Observatory. Under the right-wing former president, destruction at the hands of ranchers, land speculators and miners surged to a 15 year high. The official annual period is measured from August to July as there is less cloud cover in the middle of the year to obscure deforestation on satellite images.
Persons: Ueslei Marcelino, Luiz Inacio Lula da Silva, Jair Bolsonaro, Bolsonaro, Marcio Astrini, Lula, Peter Frontini, Jake Spring, Kylie Madry, David Gregorio Our Organizations: REUTERS, SAO PAULO, Thomson Locations: Belem , Para, Brazil
President of the Supreme Court of Justice (SCJN) Arturo Zaldivar delivers his third annual report, at the Court premises in Mexico City, Mexico December 15, 2021. REUTERS/Gustavo Graf/File Photo Acquire Licensing RightsMEXICO CITY, Nov 7 (Reuters) - Mexican Supreme Court justice Arturo Zaldivar is stepping down from his post, he said on Tuesday in a post on social media network X, to join Mexico's "transformation," an apparent reference to President Andres Manuel Lopez Obrador's political movement. Zaldivar had previously acted as chief of the court. He said on Tuesday he would continue to serve Mexico in efforts to shore up "the transformation of a fairer and more egalitarian Mexico." Reporting by Kylie MadryOur Standards: The Thomson Reuters Trust Principles.
Persons: SCJN, Arturo Zaldivar, Gustavo Graf, Andres Manuel Lopez, Zaldivar, Kylie Madry Organizations: Justice, REUTERS, MEXICO CITY, Thomson Locations: Mexico City, Mexico, MEXICO
SpaceX logo and Elon Musk photo are seen in this illustration taken, December 19, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsMEXICO CITY, Nov 6 (Reuters) - Starlink, the satellite internet service of billionaire Elon Musk's rocket manufacturer SpaceX, has won a tender from Mexico's state energy firm to provide services through December 2026, according to documents seen by Reuters on Monday. The contract is valued between 887.5 million pesos ($51 million) and 1.8 billion pesos ($101 million), according to the decision from Mexico's Comision Federal de Electricidad (CFE). Starlink's bid beat out those of two other companies because it "offered the best conditions in terms of price," the document said. The contract would provide infrastructure for CFE's rollout of internet access throughout rural Mexico, according to a separate document seen by Reuters, a draft contract from CFE.
Persons: Elon, Dado Ruvic, Starlink, Adriana Barrera, Kylie Madry, Matthew Lewis Organizations: SpaceX, REUTERS, MEXICO CITY, Reuters, Comision, CFE, Thomson Locations: MEXICO, Mexico
Honduras Recalls Ambassador to Israel for Consultations
  + stars: | 2023-11-03 | by ( Nov. | At P.M. | ) www.usnews.com   time to read: +1 min
TEGUCIGALPA (Reuters) - Honduras' government is recalling its ambassador to Israel for consultations due to the humanitarian situation affecting Palestinians in the Gaza Strip, the country's top diplomat announced on social media on Friday. "Amid the grave humanitarian situation the Palestinian civilian population suffers in the Gaza Strip, the government of President Xiomara Castro has decided to immediately call Mr. Roberto Martinez, Ambassador of the Republic of Honduras in Israel, to consultations in Tegucigalpa," Foreign Minister Enrique Reina said on X, formerly known as Twitter. The decision from leftist President Castro's government follows similar moves from likeminded peers in the region earlier in the week. Chile's Gabriel Boric and Colombia's Gustavo Petro also recalled their countries' ambassadors to Israel for consultations over events surrounding the conflict in Gaza, while Bolivia moved to sever diplomatic ties to Israel. (Reporting by Valentine Hilaire and Gustavo Palencia; Editing by Kylie Madry)
Persons: Xiomara Castro, Roberto Martinez, Enrique Reina, Castro's, Chile's Gabriel Boric, Colombia's Gustavo Petro, Valentine Hilaire, Gustavo Palencia, Kylie Madry Organizations: Twitter Locations: TEGUCIGALPA, Honduras, Israel, Gaza, Republic of Honduras, Tegucigalpa, Bolivia
MercadoLibre's third-quarter profit soars past expectations
  + stars: | 2023-11-01 | by ( ) www.reuters.com   time to read: +2 min
Stelleo Tolda, Chief Operating Officer (COO) of MercadoLibre (Online marketplace company) poses at the entrance of the company's headquarters in Sao Paulo, Brazil, July 10, 2017. The company posted a profit of $359.0 million for the July-September period, while analysts polled by LSEG expected $298.1 million. Total net revenue was around $3.8 billion in the quarter ended in September, up 39.8% year-on-year. Within the e-commerce operation, net revenue rose to $2.1 billion, up 45.2%. In its financial services arm, Mercado Pago, net revenue grew 33.2% to $1.6 billion, as the company increased the pace of lending, while its total volume of payments processed also jumped.
Persons: Stelleo Tolda, Nacho, LSEG, Andre Chaves, Chaves, Mercado, Andre Romani, Peter Frontini, Kylie Madry Organizations: REUTERS, SAO PAULO, Analysts, Mercado Pago, Thomson Locations: Sao Paulo, Brazil, Mexico, Argentina
[1/2] Palestinians conduct search and rescue operations at the site of Israeli strikes on a residential building, in the central Gaza Strip October 31, 2023. The three South American nations lambasted Israel's attacks on Gaza and condemned the deaths of Palestinian citizens. "What we have now is the insanity of Israel's prime minister, who wants to wipe out the Gaza Strip," said Brazilian President Luiz Inacio Lula da Silva on Friday. Bolivia cut diplomatic ties with Israel in 2009 under the government of leftist President Evo Morales, also in protest against Israel's actions in Gaza. Gaza health authorities say that 8,525 people, including 3,542 children, have been killed in Israeli attacks since Oct. 7.
Persons: Ahmed Zakot, LA, Freddy Mamani, Israel, Gustavo Petro, Luiz Inacio Lula da Silva, Evo Morales, Jeanine Anez, Arce, U.N, Daniel Ramos, Gabriel Araujo, Lucinda Elliott, Oliver Griffin, Peter Frontini, Brendan O'Boyle, Kylie Madry, Rosalba O'Brien, Stephen Coates Organizations: REUTERS, LA PAZ, Israel, Bolivian, Thomson Locations: Gaza, Bolivia, Israel, Colombia, Chile, Mexico, Brazil, Palestinian, Iran
A person holds a photo of late Haitian President Jovenel Moise, who was shot dead earlier this month, during his funeral at his family home in Cap-Haitien, Haiti, July 23, 2021. REUTERS/Ricardo Arduengo/File Photo Acquire Licensing RightsOct 27 (Reuters) - Former Colombian army colonel German Rivera was on Friday sentenced to life in prison by a U.S. court for his role in the plot to kill Haitian President Jovenel Moise, whose 2021 assassination left a power vacuum that destabilized the country. Several businessmen have also been accused of helping fund and supply the mission with weapons. Rivera also relayed information to co-conspirators that the original plan to kidnap the president had become a plan to murder him, according to his plea. Reporting by Sarah Morland and Kylie MadryOur Standards: The Thomson Reuters Trust Principles.
Persons: Jovenel Moise, Ricardo Arduengo, Rivera, Moise, Joseph Felix Badio, Mike, Sarah Morland, Kylie Madry Organizations: REUTERS, Former, Thomson Locations: Cap, Haitien, Haiti, Former Colombian, United States
ACAPULCO, Mexico, Oct 27 (Reuters) - Looting ravaged the Mexican city of Acapulco after the iconic beach resort was hammered this week by Hurricane Otis, a record-breaking storm that killed at least 27 people and left thousands of residents struggling to get food and water. [1/5]People walk among rubble in the aftermath of Hurricane Otis, in Acapulco, Mexico, October 27, 2023. 'WE WERE LUCKY'Mexican authorities said Otis was the most powerful storm ever to strike Mexico's Pacific coast. To evacuate tourists, an air bridge between Acapulco and Mexico City was being set up on Friday after authorities got the city's battered airport back up and running. Lopez Obrador urged insurance companies to speed up payouts.
Persons: Hurricane Otis, Otis, everything's, Rodolfo Villagomez, Andres Manuel Lopez Obrador, Lopez Obrador, Raul Busto Ramirez, Letitia Murphy, Neil Marshall, Murphy, Quetzalli, we're, Enki, Lopez, Pope Francis, Joe Biden, America Movil, Alexandre Meneghini, Jose Cortes, Diego Ore, Kylie Madry, Laura Gottesdiener, Natalia Siniawski, Dave Graham, Chizu Nomiyama, Bill Berkrot, Sandra Maler, Raju Gopalakrishnan Organizations: Reuters, REUTERS, Central America, LUCKY, Otis, America, Thomson Locations: ACAPULCO, Mexico, Acapulco, Guerrero, Acapulco's, Hurricane, British, State, Mexican, Mexico City, Monterrey, Gdansk
OpenAI is building a new "Preparedness" team to further AI safety. The ChatGPT-maker's newest team aims to address potential risks linked to advanced AI, including nuclear threats. The Preparedness team is hiring for a national security threat researcher and a research engineer. The Preparedness team will help "track, evaluate, forecast, and protect against catastrophic risks," including chemical, biological, nuclear, and cybersecurity threats. As part of the team, OpenAI is hiring for a national security threat researcher and a research engineer.
Persons: , OpenAI, Aleksander Madry, Aleksander Madry didn't, Elon Musk, cofound OpenAI, Sam Altman, Lex Fridman's, we're, Claude, Yann LeCun Organizations: Service, MIT, Intelligence
MEXICO CITY, Oct 26 (Reuters) - Mexican distiller Becle (CUERVO.MX), the world's largest tequila producer, lost $1.54 billion in market capitalization from a share selloff on Thursday after a stronger peso battered profits. Mexican firms' foreign income was devalued by gains in the peso, which strengthened 14% to the dollar over the year ending Sept. 30. Becle said it would continue shifting into the premium-priced liquor market and planned capital spending in the lower range of $200 million to $225 million this year. When stripping out the effects of foreign exchange, annual sales should still grow by a high-single digit percentage, Becle said. ($1 = 18.1430 Mexican pesos)Reporting by Sarah Morland; Editing by Kylie Madry and Rod NickelOur Standards: The Thomson Reuters Trust Principles.
Persons: Becle, Jose Cuervo, Gordon Dron, Morgan, Sarah Morland, Kylie Madry, Rod Nickel Organizations: MEXICO CITY, Itau, J.P, Thomson Locations: MEXICO, U.S, Europe, America
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