Fitch Affirms Dow's IDRs at 'BBB/F2'; Outlook Stable NEW YORK---- Fitch Ratings has affirmed Dow Chemical Company's long-term Issuer Default Rating at' BBB'. Approximately $23.5 billion in debt and commitments are affected by this rating action. A complete list of rating actions is provided at the end of this release.
Source: Business Wire
Red Metal Resources Provides Production Update for Farellon Property THUNDER BAY, ON and VALLENAR, CHILE, May 20, 2015/ PRNewswire/- Red Metal Resources Ltd., a mineral exploration company with copper-gold assets in Chile, is pleased to provide an update on mining activities being conducted by a local mining contractor, an affiliated company, on the Farellon copper-gold project. Since January 2015 a further 75 meters of mine...
Source: PR Newswire
'Stolen' Picassos tied to Russian billionaire Picasso paintings stolen in Paris were purchased by a Russian billionaire's family trust from a powerful art advisor now accused of fraud, according to lawyers.
| By: Robert Frank
UPDATE 2-Mining unions in Peru to start national strike Monday -unions LIMA, May 15- Workers at several major mines in Peru, including two of the country's top copper producers, plan to go on an indefinite strike on Monday in a country-wide bid to press the government to strengthen labor laws, union bosses said. The planned work stoppages at more than 20 mines threaten to curb mineral production in Peru, the world's third-biggest...
Freeport LNG says U.S. gov't did not advise against Chinese investors NEW YORK, May 15- The head of Freeport LNG on Friday said that the U.S. Department of Energy did not advise against inviting Chinese investment in the company's Texas export plant, backing down from contradictory claims made on Thursday. Michael Smith, the chief executive of privately-owned Freeport LNG, which is building a plant to export liquefied natural gas...
| By: Edward McAllister
Authorities stop ID theft scheme that operated in 31 states MINEOLA, N.Y.- A New York arrest has halted a scheme that plundered the identities of hundreds of people, including the dead and disabled, in 31 states, authorities said Friday. Seerojnie Ram, 47, of Freeport, was arraigned Thursday on grand larceny and other charges. More arrests are possible in the case, according to Acting Nassau County District Attorney Madeline...
Source: The Associated Press
INTERVIEW-U.S. government discouraged Chinese investment in LNG exports NEW YORK, May 14- The U.S. Department of Energy has advised American companies not to allow Chinese companies to invest in U.S. liquefied natural gas export projects, the head of one such venture told Reuters on Thursday. Smith said his privately owned company, which is building an LNG export project on the Texas coast to supply customers in Asia starting in 2018,...
| By: Edward McAllister