Tag: deal

NEWS

Pompeo Goes Support Shopping In Guyana And Suriname

U.S. Secretary of State Mike Pompeo’s trip to Suriname and Guyana marked the first visit to the two South American countries by a top U.S. official in that post. On his trip, Pompeo touted a partner relationship with U.S. firms and warned both countries of the danger posed by China given the discovery of oil in the region. Meeting Suriname’s […]

BUSINESS

OPEC In Oil Cut Deal

The Organization of the Petroleum Exporting Countries (OPEC) and allied nations have agreed to extend production cut of nearly 10 million barrels of oil a day through the end of July. The intergovernmental Organization is seeking to boost energy prices hard-hit by the pandemic. Ministers of the body and outside nations like Russia met via video conference to adopt the […]

BUSINESS

Delta Airlines Completes Purchase Deal

Delta Air Lines has completed its purchase of a 20% stake in LATAM, culminating in an aviation 2019 deal. LATAM is a member of Oneworld and an associate of Delta’s arch-rival, American Airlines. The deal is putting that relationship in jeopardy. The Delta/LATAM deal was part of a wider strategy by Delta Air Lines to make equity investments in key […]