Stories for May 4th 2017

Thursday, May 4th 2017 - 13:01 UTC
EU and US agree to Maersk Line acquiring Germany's Hamburg Sud, expert in South America

Container shipping company Maersk Line will pay EUR 3.7 billion for its acquisition of smaller German rival Hamburg Sud, including all subsidiaries and associated shipping companies. The boards of Maersk Line and the Oetker Group, owner of Hamburg Sud, approved the proposed deal, which has been given the green light by the European Commission and the US Department of Justice.
Thursday, May 4th 2017 - 07:56 UTC
Press Freedom Day: In 'post truth' era, leaders must defend objective, independent media

In a “post-truth” world with “fake news” on the rise, and media accountability and credibility falling under question, free, independent and professional journalism has never been more important, the United Nations today said.
Thursday, May 4th 2017 - 07:12 UTC
Venezuela situation escalates in violence and hatred with no rational solution on sight

Street protests in Venezuela claimed at least two more fatalities on Wednesday, bringing the total number of people killed to more than 30 in several weeks of unrest. Thousands of Venezuelans took to the streets as president Nicolas Maduro began the process of overhauling the country's constitution -- a move that has raised the stakes in a bitter standoff between Maduro's government and a growing opposition.
Thursday, May 4th 2017 - 06:56 UTC
French presidential candidates' debate: plenty of insults and no substance

Independent Emmanuel Macron and far-right leader Marine Le Pen traded barbs and insults Wednesday night in their first and final head-to-head debate ahead of Sunday’s presidential runoff.
Thursday, May 4th 2017 - 06:48 UTC
WhatsApp suffers several hours global outage

WhatsApp, the popular messaging service owned by Facebook Inc, suffered a widespread global outage on Wednesday that lasted for several hours before being resolved, the company said.
Thursday, May 4th 2017 - 06:36 UTC
Two weeks of ”Think Brazil” in UK, a showcase of business possibilities between the two countries

May is set to be the Brazil month in the United Kingdom. During two weeks (10-19), the Brazilian Government, through its Ministry of Foreign Affairs and its Embassy in London, and the British Government, through its network in Brazil of Consulates and the Embassy, will bring to London and other UK cities a program full of cultural activities, business meetings and institutional encounters.
Thursday, May 4th 2017 - 06:29 UTC
Uruguay advances with investors in a project to build a third pulp mill

“Good progress has been made in the discussions between the Government of Uruguay and UPM concerning the infrastructure development and other local prerequisites for long-term industrial growth in Uruguay. We are now in agreement regarding the majority of the key items on the negotiation agenda,” says Jaakko Sarantola, Senior Vice President, UPM, Uruguay Platform.
Thursday, May 4th 2017 - 06:23 UTC
Argentina contracts 2D seismic survey in deep waters covering 435,000 sq km

Norway's Spectrum has started a 35,000 km multi-client 2D seismic survey covering 435,000 km2 in the deep waters of Argentina in cooperation with YPF. The survey will provide industry with the first ever detailed seismic grid over this under-explored frontier area of Argentina, allowing for basin-wide studies of the area as well as prospect/lead level interpretation studies for upcoming license rounds.
Thursday, May 4th 2017 - 06:02 UTC
Facebook hires 3.000 people to help stop hate speech, abuse and self-harm broadcast on the website

Facebook is hiring 3,000 people for its “community operations team”, to help stop hate speech, child abuse and self-harm being broadcast on the website. Chief executive Mark Zuckerberg said it had been “heartbreaking” to see people “hurting themselves and others” in videos streamed live on Facebook.
Thursday, May 4th 2017 - 05:54 UTC
Fed says recent slowdown of US economy growth is temporary; leaves benchmark rate unchanged

The Federal Reserve announced on Wednesday that it held its benchmark interest rate after a two-day policy meeting, as had widely been expected. And it added that the recent showdown in US growth is likely temporary.