Rail News - Canada Invests In Adm Grain Terminal Expansion At Port Windsor. For Railroad Career Professionals
Canadian government officials recently announced a federal investment of up to CA$26.3 million under the National Trade Corridors Fund for the Archer Daniels Midland Co.'s (ADM) grain terminal expansion at Port Windsor in Ontario. The project will significantly increase the port's export capacity to global markets in Europe, the United States and Latin America for agricultural production from southwestern Ontario farmers, government officials said in a news release. The project calls for the construction of new grain drying equipment, an expansion of grain storage capacity and shipping/receiving conveyor loading capacity, and the development of an automated truck kiosk system to expedite complex traffic flows.
The End Of Skid Row's Cheap Hotels? L.a. Leaders Want To Replace Homeless Housing - Los Angeles Times
For more than 100 years, single-room occupancy hotels have housed thousands of people in Skid Row. Now, L.A. leaders are saying their time has passed. Some fear losing them will displace their formerly homeless residents.
Calls For More Transparency Around Victoria's State-run $2B Venture Capital Fund - Abc News
Victoria's $2 billion investment fund is one of Australia's biggest venture capital players, yet three years after it was created the state's debt is at record levels.
James D. Robinson Iii, Transformative Head Of American Express, Dies At 88 - The New York Times
He led the company from 1977 to 1993 and helped turn Wall Street into a more competitive financial marketplace. : He led the company from 1977 to 1993 and helped turn Wall Street into a more competitive financial marketplace. James D. Robinson III, who as chief executive of the American Express Company from 1977 to 1993 helped transform Wall Street into a more competitive financial marketplace, with a wide diversity of businesses housed under single roofs, died on Monday in Roslyn, N.Y., on Long Island. He was 88.
Investors Shrug Off Nvidia's 'a.i. Woodstock' - The New York Times
The chipmaker unveiled a new high-speed processor at its developer conference to power an "industrial revolution," but its sky-high valuation is coming under scrutiny.
Queensland Power Bills To Rise If Proposal Goes Ahead - Abc News
The Queensland government has promised to use coal royalties to absorb a rise in energy prices if a proposal by the Australian Energy Regulator goes ahead.
China Property Crisis: Beijing Accuses Evergrande Of $78B Fraud
Fraud allegations deepen crisis for Chinese real estate giant Evergrande, which is already in liquidation. : The developer, at one time China's largest, is in liquidation after several years in a debt crisis. The China Securities Regulatory Commission, or CSRC, has accused Hengda Real Estate -- Evergrande's flagship onshore unit in China -- and its founder Hui Ka Yan, also known as Xu Jiayin, of inflating its revenue by 564 billion Chinese yuan, or $78 billion, in 2019 and 2020, according to an exchange filing released on Monday. It also issued bonds based on the falsified results, the CSRC alleges.
Will The Iron Ore Price Recover From Its Recent Plunge? - Abc News
Commonwealth Bank director of mining and energy commodities research, Vivek Dhar, says there is still pressure on iron ore prices to drop even lower.
Redwood Trust And Cpp Investments Announce $750M Strategic Capital Partnership -march 19, 2024 At 07:32 Am Edt | Marketscreener
(marketscreener.com) Creates Long-Term Alignment Between Two Leading Investment Managers Provides Accretive Financing Capacity to Support Growth of Redwood's Market-Leading Operating Platforms https://www.marketscreener.com/quote/stock/REDWOOD-TRUST-INC-14308/news/Redwood-Trust-and-CPP-Investments-Announce-750-Million-Strategic-Capital-Partnership-46230555/?utm_medium=RSS&utm_content=20240319.
India's Steel Majors To Invest Billions To Meet Buoyant Local Demand -march 19, 2024 At 07:42 Am Edt | Marketscreener
(marketscreener.com) Leading Indian steel producers, including JSW Steel Ltd and Tata Steel Ltd, are expected to invest billions in a record capacity increase to benefit from rising domestic demand in one of the world's fastest growing economies.https://www.marketscreener.com/quote/stock/JSW-STEEL-LIMITED-46728626/news/India-s-steel-majors-to-invest-billions-to-meet-buoyant-local-demand-46230670/?utm_medium=RSS&utm_content=20240319.
Gpif, Japan's $1.4t-asset State Pension Fund, Is Asking For Information About Investing In Btc
Japan's state pension fund, GPIF, is seeking information about bitcoin as part of a broader strategy initiated in response to significant economic and societal changes and technological advancements.