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MONTREAL/BOGOTA Dec 16 (Reuters) - Latin America is drawing early investment for jet fuel produced from materials like forest residues and palm oil as emission-conscious airlines scour emerging markets for less-polluting fuel to power flights, industry executives say. While most sustainable aviation fuel, or SAF, is produced in the United States, Europe, and Singapore, Latin America is emerging as a budding market. "Latin America right now is really a hot spot for Honeywell." Producing and distributing SAF in regions with faster-growing traffic like Latin America is key to meeting industry targets, said Landon Loomis, Latin America president for U.S. planemaker Boeing (BA.N). And Vibra Energia (VBBR3.SA) is working with Brasil BioFuels (BBF) to produce palm oil-based jet fuel in 2025.

HONG KONG, Dec 12 (Reuters Breakingviews) - Hong Kong’s bankers and officials fantasise about the moment China finally ditches its Covid-19 restrictions. Mainland Chinese firms account for eight of Hong Kong Exchanges and Clearing’s (0388.HK) ten largest ever IPOs. It remains faster for Chinese companies to list in Hong Kong, rather than join the long queue on the mainland. Hong Kong could also host more offerings from places like the Middle East and Southeast Asia, as Cha envisions. IPOs on the Hong Kong exchange have raised $7.1 billion so far in 2022, according to Refinitiv data for the year up to Dec. 7.

☆ Singapore state investor Temasek to open Paris office in 2023
▼ + stars: | 2022-11-28 | by ( ) www.reuters.com time to read: +1 min

SINGAPORE, Nov 29 (Reuters) - Singaporean state investor Temasek Holdings (TEM.UL) will open an office in Paris next year as it seeks to focus on investments in the Europe, Middle East and Africa (EMEA) region, it said on Tuesday. "Our decision to open a new European office reflects the continuing importance of EMEA as an investment destination," Temasek's EMEA head Uwe Krueger said in a statement. Ranked among the top 10 state investors in the world, Temasek's portfolio value rose to a record S$403 billion ($293 billion) in the year to March 2022. Temasek, which has stakes in large listed Asian companies such as DBS Group (DBSM.SI) and China Construction Bank (601939.SS), is mainly focused on Asia. ($1 = 1.3759 Singapore dollars)Reporting by Yantoultra Ngui; Editing By Anshuman Daga and Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

That puts Hong Kong in a league of its own. The competitive tension between Hong Kong and Singapore is greater than ever. The danger is that Hong Kong’s new embrace of virtual assets will set up a regulatory race to the bottom, even if FTX’s collapse means it might happen at a slower pace. The policy statement notes that retail investors in other markets have been granted exposure to virtual assets including through exchange-traded products. Column by Thomas Shum in Hong Kong, Pranav Kiran in Bengaluru.

☆ Peru airport says firetruck on arranged drill before fatal collision
▼ + stars: | 2022-11-20 | by ( Marco Aquino | ) www.reuters.com time to read: +2 min

[1/2] A view shows a LATAM airline plane following a collision between a LATAM Airlines jet and a vehicle on the runway of Peru's Jorge Chavez International Airport, in Lima, Peru November 18, 2022. REUTERS/Sebastian CastanedaBUENOS AIRES, Nov 20 (Reuters) - The operator of Peru's capital airport said on Sunday that a firetruck involved in a dramatic and fatal collision with a LATAM Airlines (LTM.SN) passenger jet had been doing a pre-arranged emergency drill. On Sunday, Lima Airport Partners, which operates the airport, said in a statement on Twitter that the firetruck had entered the runway as part of an emergency response drill coordinated between the operator and the air traffic authority. "On Nov. 18, during the morning and until the beginning of the exercise, the firefighting team made all the necessary arrangements to execute the maneuver," the airport operator said. There is authorization to carry out an exercise, but it is outside the areas that currently have transit operations," he told radio station RRP on Saturday.

☆ LATAM Airlines plane crashes on Peruvian runway, two firefighters dead
▼ + stars: | 2022-11-18 | by ( Marco Aquino | ) www.reuters.com time to read: +2 min

It was unclear why the firetruck entered the runway while the plane was taking off. This is the second incident in less than a month involving LATAM Airlines, after one of its planes had its nose destroyed during a severe storm that forced it to make an emergency landing. Chile-based LATAM Airlines' Peru branch said it was deploying all its resources to attend to those affected, and work with authorities to support the investigation. Lima Airport Partners, which operates Jorge Chavez, Peru's most important airport, said the airport will remain closed at least through 1 p.m. (1800 GMT) on Saturday. The flight was LA2213, covering the domestic Lima-Juliaca route, LATAM Airlines said.

☆ Sea is turning the tide
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, Nov 16 (Reuters Breakingviews) - The loss-making Southeast Asian technology giant’s decision to ditch its growth-at-all-costs strategy is showing results. The $28 billion U.S. listed games-to-payments company Sea (SE.N) has been exiting some markets and slashing jobs and discounts. Overall group revenue grew 17% to $3.2 billion in the quarter, beating analyst estimates. Sea is now working toward achieving Shopee’s adjusted EBITDA breakeven by the end of 2023. The improvements will shore up support for its decision to remain in Brazil, a big emerging market.

☆ Piyush Gupta might be banking’s boldest boss
▼ + stars: | 2022-11-15 | by ( Una Galani | ) www.reuters.com time to read: +7 min

Piyush Gupta of $65 billion Singaporean lender DBS Group (DBSM.SI) appears to be that CEO, whether he thinks of himself that way or not. Yet the two banks trade on a similar multiple of 1.5 times their estimated 2022 book value, according to Refinitiv. There is limited room for growth in DBS’ tiny home market, a city with a population of 5.5 million people. That, plus the pressure to maintain that 1.5-times-book market value, means Gupta needs to keep finding ways to grow. U.S. President Joe Biden and Chinese President Xi Jinping held talks on Nov. 14 while at the G20 summit in Indonesia.

☆ LATAM Airlines posts narrower quarterly loss as fuel costs bite
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +1 min

SANTIAGO, Nov 8 (Reuters) - LATAM Airlines (LTM.SN), South America's largest carrier, reported on Tuesday a narrower third-quarter net loss of $296 million, the company said in a statement, partly hit by high fuel prices. The Chile-based airline's quarterly loss this year compares to a $694 million loss during the same three-month period last year. LATAM's revenue during the July to September period rose 97% to total $2.587 billion compared to the third quarter last year. LATAM filed for Chapter 11 bankruptcy protection in 2020 after the airline was hammered during the pandemic. Reporting by Fabian Cambero; Editing by David Alire Garcia and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

☆ LATAM Airlines posts $296 million third-quarter loss
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: 1 min

☆ OCBC profit surges 31% in record quarter for Singapore banks
▼ + stars: | 2022-11-04 | by ( Anshuman Daga | ) www.reuters.com time to read: +2 min

"Net interest income grew on higher net interest margin and loan growth was sustained," Group CEO Helen Wong said in a statement, adding that asset quality was healthy, with no indication of systemic stress. OCBC's net profit increased to S$1.6 billion ($1.13 billion) in July-September versus the S$1.55 billion average estimate from four analysts, according to Refinitiv data. On Thursday, OCBC's larger peer DBS Group (DBSM.SI) reported a forecast-beating 32% jump in quarterly profit to a record high while UOB Group (UOBH.SI) also posted a record quarterly profit. The bank's net interest margin, a key gauge of profitability, increased 54 basis points to 2.06% in the quarter. ($1 = 1.4214 Singapore dollars)Reporting by Anshuman Daga; Editing by Christopher Cushing and Sam HolmesOur Standards: The Thomson Reuters Trust Principles.

☆ Wealth darling DBS channels Singapore’s success
▼ + stars: | 2022-11-03 | by ( Una Galani | ) www.reuters.com time to read: +3 min

MUMBAI, Nov 3 (Reuters Breakingviews) - Singapore’s status as a financial centre is thriving, and DBS Group (DBSM.SI), the city-state’s $63 billion wealth darling led by Piyush Gupta, is reaping the benefits of its home market’s success. It makes the Lion City’s pragmatism a key pillar of support: Singapore generated 62% of DBS' total income in 2021. DBS’ wealth management business is attracting money at a rapid clip: net new asset inflows amounted to S$15 billion during the first nine months, doubling from a year ago, Gupta noted. The bank’s annualised return on equity hit a record high of 16.3% too. The bank’s return on equity also hit a new record high of 16.3%, up from 13.4% in the prior three-month period.

☆ Singapore bank OCBC's Q3 profit surges to record on rates
▼ + stars: | 2022-11-03 | by ( Anshuman Daga | ) www.reuters.com time to read: +1 min

The results rounded up a strong showing by Singapore banks after larger peer DBS Group (DBSM.SI) reported a forecast-beating 32% jump in quarterly profit to a record high and UOB Group (UOBH.SI) also posted a record quarterly profit. Singapore banks, which boast one of the strongest capital buffers in the world, have effectively weathered the COVID-19-induced slump and are now benefiting from rebounding Asian economies. Singapore-based OCBC's net profit increased to S$1.6 billion ($1.13 billion) in July-September versus the S$1.55 billion average estimate from four analysts, according to Refinitiv data. "Net interest income grew on higher net interest margin and loan growth was sustained," Group Chief Executive Helen Wong said in a statement on Friday. The bank's net interest margin, a key gauge of profitability, increased 54 basis points to 2.06% in the quarter.

☆ DBS profit soars 32% to a quarterly record on rising interest rates
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +1 min

SINGAPORE, Nov 3 (Reuters) - DBS Group (DBSM.SI) on Thursday reported a forecast-beating 32% jump in quarterly profit to a record high and forecast a bullish outlook, as higher interest rates boosted net interest margins at Southeast Asia's largest lender. Net profit at DBS came in at S$2.24 billion ($1.58 billion) in July-September, beating an average estimate of S$1.97 billion from four analysts, according to Refinitiv data. The bank's return on equity rose to a record 16.3% and net interest income surged 44%. Its net interest margin, a key profitability gauge, improved to 1.90% in the quarter from 1.43% a year earlier. Last week, local peer UOB Group (UOBH.SI) beat market estimates with a record quarterly net profit of S$1.4 billion after net interest income swelled and credit allowances declined.

SANTIAGO, Nov 2 (Reuters) - The largest pilots union of Latam Airlines (LTM.SN) in Chile voted to strike on Wednesday, a day before the company said it was planning on concluding its exit from bankruptcy. The Union of Latam Pilots (SPL) said it represents 313 of Latam Airlines's approximately 500 pilots and that 99% of its members voted to approve the strike. The statement said that the company's proposal to link pre-pandemic salary to flight hours is unfeasible and could be reached, at best, three months out of the year. While pilots voted to strike, Chilean law establishes up to four days in which either party can request mediation from the country's labor department. Reporting by Alexander Villegas and Natalia Ramos; Editing by Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

☆ Temasek shifts president, CFO in management shuffle
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: 1 min

Oct 26 (Reuters) - Singapore's Temasek Holdings said on Wednesday President Tan Chong Lee will resign to take up the role as chief executive officer at its fund management firm 65 Equity Partners. In a slew of management changes announced by the investment giant, Leong Wai Leng will step down as the chief financial officer after 16 years to lead the Singapore market team as president. The company's deputy CFO Png Chin Yee will replace Leng from Jan. 1, 2023, it said in a statement. It has in recent days seen stock markets tumble in the face of higher interest rates and inflation. Reporting by Savyata Mishra in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

Helen Wong, Group CEO of OCBC Bank poses for a portrait during an interview with Reuters in Singapore October 10, 2022. And while OCBC earned nearly half of its operating profit from Singapore, Greater China was the next-largest contributor, followed by Malaysia. She added that OCBC benefited from having both a brick-and-mortar and a strong digital footprint. This has increased attention on OCBC, which has the strongest capital position among Singapore banks. Sanford Bernstein analysts said in a report in June that OCBC had S$4.8 billion that could be used for acquisitions without the need to raise capital.

☆ LATAM Airlines prepares to exit bankruptcy in November
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +1 min

SANTIAGO, Oct 12 (Reuters) - LATAM Airlines (LTM.SN) detailed a financing plan on Wednesday that the company hopes will finalize its exit from bankruptcy in the first week of November. The company filed for Chapter 11 in 2020 after airline travel plummeted during the pandemic and won court approval that June. In a note sent to the market regulator late Tuesday night, LATAM detailed the structure of its exit financing that includes a $500 million revolving credit facility and a five-year term loan facility of $1.1 billion. Register now for FREE unlimited access to Reuters.com RegisterIt also includes $450 million in senior secured notes due in 2027 and $700 million in senior secured notes due in 2029 as well as $750 million five-year bridge-to-notes and another $750 million in seven-year bridge-to-notes. The company intends to underwrite the bridging credit lines, the revolving credit line and the term financing on Wednesday.

☆ Crypto giant Coinbase gets Singapore licence
▼ + stars: | 2022-10-11 | by ( Xinghui Kok | ) www.reuters.com time to read: +2 min

SINGAPORE, Oct 11 (Reuters) - Coinbase, the largest crypto exchange in the United States, said it has received approval from Singapore's central bank to offer payment services in the city-state. About 180 crypto companies applied for a crypto payments licence to the Monetary Authority of Singapore in 2020 under a new regime. Besides Coinbase, Crypto.com and DBS Vickers - the brokerage run by Singapore's largest bank DBS (DBSM.SI) - are among those that have received licences. Both coins were developed by Terraform Labs, which was incorporated in Singapore. Terraform Lab's founder Do Kwon is currently wanted by the South Korean police.

☆ A 'dystopian horror story.' Inside the thriving underground market for used Amazon seller accounts that's causing chaos, identity theft, and distrust in the company's massive online marketplace
▼ + stars: | 2022-09-19 | by ( Rob Price | Katherine Long | ) www.businessinsider.com time to read: +16 min

On Telegram and forums like Swapd and PlayerUp, a gray market for secondhand Amazon seller accounts thrives. On public Telegram groups, Amazon account sellers openly advertise their goods and how they've passed Amazon's verification checks. She'd never had an Amazon seller account and sold jewelry directly through her website. Amazon is asleep at the wheel"Amazon is asleep at the wheel," Jason Boyce, a consultant for Amazon sellers, said. AI engineer François Chollet has been plagued by counterfeiters selling fake copies of his books via Amazon accounts with stolen identities.

☆ Atenție, șoferi! Scurgerea de apă de pe bulevardul Iuri Gagarin creează dificultăți traficului rutier
▼ + stars: | 2021-06-15 | by ( ) www.jurnal.md time to read: +1 min

Scurgerea de apă de pe bulevardul Iuri Gagarin creează dificultăți traficului rutierPe bulevardul Iuri Gagarin, este o scurgere de apă caldă, pe partea carosabilă a drumului, ce creează dificultăți pentru traficul rutier. Actualmente în municipiul Chişinău se atestă flux sporit de transport, pe următoarele străzi:Sectorul BOTANICA:- bulevardul I.Gagarin pe ambele sensuri de deplasare;Sectorul BUIUCANI:- șoseaua Balcani de la strada Pietrăriei până la strada Pericani;- intersecția străzilor V.Lupu – V.Belinski. Sectorul CENTRU:- strada București de la strada Ciuflea până la strada Bulgară;Sectorul CIOCANA:- strada Vadul lui Vodă tronsonul străzilor M.Sadoveanu – Uzinelor;- nodul rutier „Tutun CTC”. Sectorul RÎȘCANI:- bulveradul Renaşterii Naţionale direcţia bulevardul Grigore Vieru;- intersecția cu sens giratoriu Calea Orheiului – T.Vladimirescu. Pe segmentele de drum predispuse formării ambuteiajelor, sunt prezenţi agenţii de circulaţie care asigură buna desfaşurare a circulaţiei rutiere.

Persons: Nadejda, Iuri Gagarin, Grigore Vieru Organizations: Bulgară Locations: Chişinău, Balcani, București, RÎȘCANI

☆ Ambuteiaje pe mai multe străzi din capitală
▼ + stars: | 2021-06-08 | by ( ) www.jurnal.md time to read: +1 min

Actualmente în municipiul Chişinău se atestă flux sporit de transport, pe următoarele străzi:Sectorul BUIUCANI:- șoseaua Balcani intersecție cu strada L.Deleanu. Sectorul BOTANICA:- strada Hristo Botev direcția bd.Dacia;Sectorul CENTRU:- strada Bucureşti tronsonul străzilor Ismail – Armenească. Sectorul CIOCANA:- nodul rutier „Tutun CTC”;- strada Vadul lui Vodă de la strada N.M.Spătarul pînă la strada Meșterul Manole. Sectorul RÎȘCANI:- strada M.Viteazul de la strada Petricani pînă la strada Columna;- intersecția străzilor Calea Orheiului – Studenților direcția intrare în oraș;- bulevardul Renaşterii Naţionale direcţia bulevardul Grigore Vieru. Pe segmentele de drum predispuse formării ambuteiajelor, sunt prezenţi agenţii de circulaţie care asigură buna desfaşurare a circulaţiei rutiere.

Persons: Vodă, Manole, Grigore Vieru Organizations: Armenească Locations: Chişinău, Balcani, Bucureşti, Ismail, RÎȘCANI

☆ PSRM a a sesizat poliția în urma protestului organizat de AUR la sediul socialiştilor
▼ + stars: | 2021-06-07 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Scandal la sediul PSRM din Capitală, unde s-au adunat câțiva membri ai Partidului Alianţa pentru Unirea Românilor. Ei i-au acuzat pe socialiști că ar sta în spatele deciziei Comisiei Electorale Centrale de a reduce numărul secţiilor de votare în străinătate. "Am venit la PSRM pentru că aici se iau deciziile politice. ""- La puşcărie, la puşcărie!- Un clovn, un circar, aţi venit încoace cu un hoţ Chirtoacă. Este condamnabil acest lucru", a declarat Vlad Batrîncea.Ulterior, PSRM a emis un comunicat de presă în care a precizat că a sesizat poliția în urma protestului organizat de AUR.

Persons: Ei, Dodon, Valeriu Munteanu.Spiritele, Chirtoacă, Munteanu, Aceştia, Vlad, PSRM Organizations: Partidului Locations: Capitală, Moscova, Kremlin, României

☆ Horoscop 19 aprilie: Nativii din zodia Taur au parte de provocări pe plan financiar și sentimental
▼ + stars: | 2021-04-19 | by ( ) www.jurnal.md time to read: +6 min

Sursa foto: amedelumiere.com.sgHoroscop 19 aprilie: Nativii din zodia Taur au parte de provocări pe plan financiar și sentimentalNativii Taur se bucură din plin de intrarea Soarelui în semnul lor, activându-le astfel zodia. Confortul sentimental și financiar va prima în această perioadă și nativii vor fi dornici să-l aducă în viața lor. Pe de altă parte, este o perioadă care va aduce mai multă pasiune în viața de cuplu. Relația cu copiii va căpăta mai multă atenție și vor dedica mai mult timp activităților distractive și relaxante. Este o perioadă foarte bună pentru învățare, pentru studiu, iar dorința de a ieși din casă și a face plimbări, excursii va fi mare.

Persons: Berbec Organizations: Gemeni, Scorpion Locations: Taur, străinătate

☆ Lista studenților-doctoranzi din Moldova care vor primi burse de excelență pentru activitatea științifică
▼ + stars: | 2021-01-20 | by ( Onixmedia Srl | ) diez.md time to read: +11 min

Lista studenților-doctoranzi din Moldova care vor primi burse de excelență pentru activitatea științificăÎn cadrul ședinței guvernului din 20 ianuarie a fost aprobată lista studenților-doctoranzi care vor primi Bursa de excelență a Guvernului și Bursa pe domenii științifice pentru studenții-doctoranzi în anul 2021. Consorțiu: Institutul Național de Cercetări Economice, Universitatea de Stat „Bogdan-Petriceicu Hasdeu” din Cahul, Universitatea de Stat „Alecu Russo” din Bălți și Universitatea de Stat din Moldova. Consorțiu: Institutul Național de Cercetări Economice, Universitatea de Stat „Bogdan-Petriceicu Hasdeu” din Cahul, Universitatea de Stat „Alecu Russo” din Bălți și Universitatea de Stat din Moldova. Parteneriat: Universitatea de Stat din Tiraspol, Universitatea de Stat „Bogdan Petriceicu Hasdeu” din Cahul și Institutul de Științe ale Educației. Organizarea şi dirijarea în instituţiile administraţiei publice; servicii publice, anul II, Școala doctorală în științe administrative, Academia de Administrare Publică.

Persons: Bogdan - Petriceicu Hasdeu, Alecu Russo, ., Ciobanu, Bogdan Petriceicu Hasdeu, Cornelia, Vicol, Ureche, Cojocaru, Ivanov, Bogos, Dumitriu, Dimo Organizations: Cercetări, Universitatea de Stat, Medicină, Agenția Naţională, Științe ale Educației, Universitatea Tehnică a Moldovei, Academia, Agrară, Stat, Tehnică Locations: Moldova, Cahul, Bălți, Tiraspol, Institut, Zootehnie, Medicină Veterinară

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