Vice Media takes its edgy journalism to the Middle East
DUBAI, March 29 Vice Media is bringing its edgy style of journalism to the Middle East to tap what it believes is an underserved market of young, digital hungry consumers.
Feb 8 Teck Resources Ltd
* Teck updates Fort Hills guidance
* Teck Resources- Suncor provided an update regarding its recently completed review of schedule, project costs and throughput
* Teck-Suncor advises that review, at this stage of project development, provides high degree of confidence on schedule and project costs to completion
* Teck Resources - Project remains on track to produce first oil in late 2017
* Teck Resources - Revised total project capital forecast is approximately 10% above project sanction estimate, excluding foreign exchange impacts
* Teck-Co's share of project capital costs until completion as of dec 31, 2016, now expected to be $805 million, of which about $640 million to be spent in 2017
* Teck-Due to increase in capital cost, teck will record an after-tax impairment charge of $164 million in its q4 results
* Teck Resources - Oil production from first of three secondary extraction units is still expected by end of 2017
* Teck Resources - Suncor is also exploring opportunity to reduce ramp-up period
* Teck Resources - Suncor has announced an 8% increase in nameplate capacity to 194,000 barrels per day
* Teck Resources - Co anticipates an average production rate of 186,000 barrels per day over life of project
* Teck - Impacts of 2016 Fort Mcmurray wildfire as well as productivity challenges caused increase in capital cost estimate for secondary extraction facility
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LONDON, March 29 Banks in Britain have tried to reassure their London staff over possible Brexit disruption, including a shift in jobs to continental Europe, as Prime Minister Theresa May triggered formal EU divorce proceedings on Wednesday.
LONDON, March 29 (IFR) - Major banks said they won't be rushing their decisions on footprint changes due to Britain's exit from the European Union, but said some staff will inevitably have to move and some institutions are looking at buying property in other cities.