TOKYO -- Copper, short or long? For Australian resource giant BHP the answer to that simple question was obviously "long," as it raised its offer for copper miner OZ Minerals this month to 9.6 billion Australian dollars ($6.4 billion) from its previous offer of AU$8.3 billion. BHP's bullish view on copper stands in contrast to its view on other resources, such as oil and thermal coal, from which the company is divesting.
The Biden Administration is allowing Chevron to produce and export oil from Venezuela on a six month license. : Nov. 27 (UPI) -- The U.S. Treasury Department announced a six-month license allowing oil giant Chevron to produce and export oil from Venezuela. The United States sanctioned Venezuela under the regime of President Nicolas Maduro, greatly impacting the country's oil market and overall economy. Under Maduro, the country has operated under what some opponents describe as a dictatorship. The department claims its loosening of sanctions is a response to Maduro and Venezuela resuming humanitarian talks with his political opponents.
Montreal, Canada-based WorkJam raised US$ 50 million in a Series D round. The Fonds de solidarite FTQ and Inovia Capital co-led the round and were joined by investors including Blumberg Capital and Demopolis Equity Partners. WorkJam will use the new funding to expand its reach in Europe, Southeast Asia, Latin America, and the United States,...
In January 2019, APG Asset Management and GIC Real Estate, the real estate unit of Singapore's GIC Private Limited, revealed the creation of a jointly owned specialist European hotel investment vehicle, Archer Hotel Capital B.V. The creation of Archer followed the acquisition of Host Hotels & Resorts' minority Limited Partner and General Partner interests in...
Click to view a price quote on TWTR. : Since the fall of his crypto empire on November 11, almost everything has been said about Sam Bankman-Fried. His crypto bros called him "criminal." They accused him of lying to the clients and investors of his companies FTX and Alameda Research, a hedge fund that also operates as a trading platform. "They lied. FTX lied. I think Sam lied to his employees, his users, his shareholders, regulators all around the world and all the users," Changpeng Zhao, founder and CEO of Binance, said during a Twitter event on November 14.
Generations have been evolving throughout the years, which has only been possible by innovations. Changes made our lives more efficient, safer and created better living conditions. Meta (NASDAQ:META) realigned their embodiment of innovation to meet the needs of the following generation. However, investors are punishing Meta's actions. As a result, the stock is now down 70% from all-time highs, which makes it a good time to take a deeper dive. Let's start off with saying that Meta's core business is far from dead.
This is an abridged version of the full report published on Hoya Capital Income Builder Marketplace on November 26th. U.S. equity markets advanced to two-month highs on the Thanksgiving-shortened week as interest rates retreated following further evidence of global economic softness and Fed minutes hinting at a potential pivot.
Scott pledged to give away at least half her wealth when signing up to the Giving Pledge in 2019 and has since donated more than $14 billion.
The European Union's ban on Russian oil supersedes a price cap, Energy Aspects analyst Amrita Sen told Bloomberg TV. : The European Union won't purchase Russian oil regardless of a price cap, Energy Aspects' Amrita Sen said, addressing confusion in the market. Starting December 5, imports of seaborne Russian oil will not be allowed into the EU. In addition, EU-based companies will not be allowed to provide insurance and shipping services for Russian oil cargoes headed anywhere in the world.
Here are seven of New York's top venture capitalists who draw style inspiration from the city's vibrant arts scene. : The standard answer: All Birds sneakers. Patagonia fleece vest. A copy of Yuval Noah Harari's, Sapiens, in hand. In 2019, an enterprising product engineer at the startup website AngelList thought those few items defined a Silicon Valley venture capitalist. He reportedly rolled them into a bundle that he jokingly tried to sell online for $500, according to Insider.