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27.10.25 - 10:36
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SKF To Shut Tortuguitas Plant In Argentina (AFX)
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BUENOS AIRES (dpa-AFX) - SKF AB (SKUFF, SKFB.L, SKF_A.ST, SKFb.ST), a Swedish bearing and seal maker, said on Monday that it has decided to relocate part of its operations in Argentina.As a result......
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25.10.25 - 05:06
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China Envisions ′Dry Canal′ To Compete With Panama Canal (ZeroHedge)
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China Envisions 'Dry Canal' To Compete With Panama Canal
Authored by James Gorrie via The Epoch Times (emphasis ours),
In response to the Trump administration's new U.S. policy of reasserting control over the Panama Canal, China and Brazil are exploring the possibility of building a transcontinental railway to provide an advantageous alternative to the Panama Canal. The proposed rail system would potentially run from Brazil's Atlantic coast, perhaps Ilhéus, Bahia, to Peru's Pacific coast at Chancay.
Brazilian President Luiz Inácio Lula da Silva (L) talks to Chinese Ambassador to Brazil Zhu Qingqiao at the Palacio do Planalto in Brasilia on Feb. 3, 2023. Sergio Lima/AFP via Getty Images
The project, known as the Central Bi-Oceanic Railway Corridor (CRBC), has been in consideration since at least 2017. Other proposed projects of a similar nature and objectives have been considered since at least 2013. There are other terms applied to the transoceanic railway project, but essentially, th...
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21.10.25 - 06:36
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Troubled Ambipar Kickstarts Bankruptcy Filings in Brazil, Texas (Bloomberg)
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Sao Paulo-based Ambipar Participações e Empreendimentos SA has opted to file for bankruptcy protection in Brazil, the firm said in a statement. The announcement caps off a steep rout for the struggling waste management company, driven by governance concerns, ratings downgrades and executive exits....
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24.09.25 - 22:33
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KKR Appoints Craig Arnold to Board (Business Wire)
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NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) today announced that Craig Arnold has been appointed to the Board of Directors effective September 23, 2025. His appointment will bring the number of independent directors to eleven out of a total of fifteen Board seats.
Mr. Arnold is the former Chairman and Chief Executive Officer of Eaton Corporation, a global intelligent power management company.
KKR's other Board members are: Henry Kravis (Co-Founder and Co-Executive Chairman of KKR), George Roberts (Co-Founder and Co-Executive Chairman of KKR), Joseph Bae (Co-Executive Officer of KKR), Scott Nuttall (Co-Chief Executive Officer of KKR), Timothy Barakett (Founder and Chief Executive Officer of TRB Advisors), Adriane Brown (Managing Partner of Flying Fish Partners), Matthew Cohler (former General Partner of Benchmark), Mary Dillon (former Chief Executive Officer of Foot Locker), Arturo Gutiérrez Hernández (Chief Executive Officer of Arca Continental), Xavier Niel (Founder and Chairman of the Board...
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