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business-standard.com 9hours ago

L&t Finance To Sell Bad Loans Worth Rs 3,022 Crore To Amcs: Report

L&T Finance is making this step as part of its efforts to reduce its wholesale finance book, which comprises both infrastructure and real estate loans.
Read by 53% of LPs

swfinstitute.org 5hours ago

Temasek And Qatar Sovereign Wealth Invest In Itm Isotope Technologies To Find Therapies For Hard-to-treat Tumors

ITM Isotope Technologies Munich SE (ITM) is a radiopharmaceutical biotech company. ITM is dedicated to providing a new generation of radiomolecular precision therapeutics and diagnostics (theranostics) for hard-to-treat tumors. ITM Isotope Technologies announced an equity investment round of €255 million led by Temasek Holdings with participation from BlackRock Alternatives, Qatar Investment Authority (QIA), Nextech, ATHOS…
Read by 40% of LPs

benzinga.com 9hours ago

Ohana Real Estate Investors Sells An Ownership Interest In Waldorf Astoria Monarch Beach Resort & Club

Investment firm forms partnership with the San Manuel Band of Mission Indians to co-own the award-winning coastal resort in Orange County, California AUSTIN, Texas, June 5, 2023 /PRNewswire-PRWeb/ -- Ohana Real Estate Investors ("Ohana"), a vertically integrated real estate investment firm, announced the sale of a partial ownership stake in the 400-room Waldorf Astoria Monarch Beach Resort & Club ("Waldorf Astoria Monarch Beach" or "Waldorf Astoria") in Dana Point, Calif. to the San Manuel Band of Mission Indians ("SMBMI" or "San Manuel").
Read by 80% of LPs

channelnewsasia.com 9hours ago

Japanese Miners See Chile's Tax Hikes Deterring New Investment - Cna

TOKYO : Japan's miners see higher taxes in Chile potentially discouraging them from investing in new mines in the world's top copper producer but would not lead them to quit existing projects, the head of an industry body said on Monday. Growing nationalism in resource-rich countries is challenging miners as they hunt for minerals needed for the energy transition, even as they face rising costs, tougher environmental rules and pressure from investors to decarbonise.
Read by 69% of LPs

rigzone.com 10hours ago

Latest Troll Try Spits Dust

The development follows a spate of discoveries near the field. : The Norwegian Petroleum Directorate (NPD) has revealed that Equinor Energy AS has drilled a dry well near the Troll field in the North Sea. Wildcat well 31/2-23 S, which was drilled about three kilometers (km) west of the field, and about 120km northwest of Bergen, had an objective to prove petroleum in Middle Jurassic reservoir rocks in the Brent Group, the NPD outlined.
Read by 54% of LPs

abc.net.au 10hours ago

Evolution Mining Approves $250M Expansion Of Mungari Mill At Kalgoorlie, Scheduled For Completion In 2026 - Abc News

Australia's third biggest gold miner, Evolution Mining, has approved a $250 million expansion of its Mungari operations near Kalgoorlie, despite concerns about the overheated construction sector.
Read by 77% of LPs

ctvnews.ca June 04, 2023

Oil Prices: Opec+ Producers Weigh More Production Cuts

The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in supply to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to U.S. drivers and helped ease inflation worldwide. The 23-member group is meeting Sunday at OPEC headquarters in Vienna after sending mixed signals about possible moves. Saudi Arabia, dominant among the oil cartel's members, has warned speculators that they might get burned by betting on lower prices.
Read by 66% of LPs

abcnews.go.com June 04, 2023

With Oil Prices Slumping, Opec+ Producers Weigh More Production Cuts

The major oil-producing countries led by Saudi Arabia and Russia are deciding whether to make more cuts to the amount of crude they supply to the global economy.
Read by 61% of LPs

business-standard.com June 04, 2023

With Oil Prices Slumping, Opec+ Producers Weigh More Production Cuts

The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in supply to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to US drivers and helped ease inflation worldwide. The 23-member group is meeting on Sunday at OPEC headquarters in Vienna after sending mixed signals about possible moves. Saudi Arabia, dominant among the oil cartel's members, has warned speculators that they might get burned by betting on lower prices.
Read by 55% of LPs