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A spokesperson for the South African Ministry of Health said that a British patient hospitalized in South Africa with Hantavirus is “getting better.”On May 11, Iranian Foreign Ministry spokesman Baghae, responding to questions about the main differences in the Iran-US negotiations, stated that the core of the conflict lies in "one side seeking only its basic rights, while the other insists on depriving them of those rights." Baghae emphasized that unfreezing Irans frozen assets is not a "charity" from the US to the Iranian people, but rather Irans legitimate right; similarly, ending the so-called "naval blockade" against Iran is not a favor from the US. He stated that Iran remains focused on safeguarding its national interests and will take action "in all necessary and appropriate ways" to ensure its interests are protected.On May 11, CGN Power (01816.HK) announced on the Hong Kong Stock Exchange that its subsidiary, CGN Huizhou No. 2 Nuclear Power Co., Ltd., conducted the first concrete pouring (FCD) of the main reactor building for Unit 4 on May 10, 2026. This signifies that Unit 4 has commenced full-scale construction and entered the civil engineering phase. The installed capacity of Unit 4 is 1209MW.On May 11th, the Guangzhou Municipal Market Supervision Bureau launched a comprehensive campaign to regulate the online ride-hailing and online freight platforms and the transportation sector, leveraging its market supervision functions. The campaign aims to further standardize the operations of these platforms, effectively protect the legitimate rights and interests of operators and consumers within these platforms, and maintain a fair and competitive market order. The targets of the campaign are online ride-hailing platforms, online freight platforms, and other e-commerce platform operators as defined in Article 9 of the "E-commerce Law of the Peoples Republic of China." The campaign will strengthen the supervision of platform transaction behavior through methods such as random inspections, investigation of complaints and reports, and big data monitoring. The focus will be on investigating and punishing illegal activities such as platforms using service agreements, transaction rules, and technical means to impose unreasonable transaction restrictions and charge unreasonable fees. The campaign will also promote the dissemination of laws, regulations, and compliance guidelines on internet platform pricing behavior and online transaction supervision to comprehensively improve operators compliance awareness and operational capabilities. The campaign will focus on key areas such as road transport, taxi services, motor vehicle repair, and driver training, and will severely crack down on unlicensed operations, unfair competition, price violations, false advertising, and other behaviors that infringe upon consumers legitimate rights and interests.Market news: A U.S. trade delegation will soon arrive in India for trade negotiations.

TC Energy Says The Keystone Pipeline Will Reduce Volume

Aria Thomas

Nov 16, 2022 14:45

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TC Energy (NYSE:TRP) of Canada reported on Tuesday that its Keystone oil pipeline with a capacity of 622,000 barrels per day will limit output due to recent severe weather-related disruptions on system facilities.


Monday was the day that the Calgary-based corporation informed consumers of the force majeure situation. Citing customer confidentiality, TC did not reveal the extent or duration of the service cut.


"The notices informed customers that the Keystone System will be obliged to restrict volumes commencing on November 15 due to the time the system was halted during the force majeure incident," TC said in a statement.


Two market sources reported a 7% volume decrease. According to one of the sources, the price of Canadian heavy crude dipped on Monday and then recovered on Tuesday.


According to NE2 Inc, Western Canada Select heavy blend crude for December delivery closed $28.60 per barrel below U.S. crude futures, after trading at $28.85 per barrel the previous day.


Keystone is an essential part of Canada's oil export network, delivering crude oil from Alberta to the United States. Midwest followed by Gulf Coast.


In order to test the system, TC stated in October that it would temporarily increase the capacity of its Keystone pipeline for a few months beginning in November.