Search Results for: Finance
||Continental Resources' quarterly output hit by winter storm|
Continental expects oil production to average about 152,000 barrels of oil per day (bopd) and natural gas output to average about 935 million cubic feet per day (mmcfpd).
* Second-quarter production is expected to be 160,000-165,000 bopd and natural gas output is seen at 920-940 mmcfpd, the company said.
||Analysts cut Air Canada's PT after government agrees on equity stake|
"Our target price declines due to the negative impact of greater short-term cash-burn and the impact of the dilution from the share and warrant issue on the price to equity component of our target," James added.
* The Canadian government on Monday agreed to buy C$500 million worth of shares in the airline at C$23.1793 each.
||Corolla Cross is Finally Open for Bookings|
Toyota Indus Motors (IMC) has finally announced that its Corolla Cross is open for bookings.
* Corolla Car will also be launched in three variants, i.e., Premium High Grade, Smart Mid Grade, and Low Grade.
* Corolla Cross deliveries will start from the 1st of July, 2021.
||IKEA makes first solar park investment in Russia|
The total book value for the eight parks is more than 21 billion roubles ($272.16 million), Ingka Investments, the investment arm of the world's biggest furniture retailer, said in a statement.
* Ingka Group has invested 2.5 billion euros ($2.97 billion) in renewable energy since 2009 and recently surpassed a target to produce as much renewable energy as the energy it consumes in its own operations.
||Volkswagen wage deal with IG Metall union|
The deal with IG Metall will see salaries rise by 2.3% from January 2022. It also includes a 1,000 euro ($1,190) one-off "corona support payment" in June, the carmaker said.
* This is indeed a deal based on moderation that will probably be reflected in other areas too. It shows that, despite rising inflation, the wage-price spiral feared by many will not rear its head in Germany.
||Italy to spend 60pc more of EU funds on better broadband|
Italy to get 206 bln euros from EU emergency programme.
* Draghi aims to invest 6.7 bln euros in broadband infrastructure.
* Total resources for digitalisation around 49 bln euros.
* Ministers considering alternatives to single broadband network.
||Generali to discuss possible Malaysia, Russia deals|
The Italian insurer is looking at assets of French rival AXA in Malaysia which could be worth around 700 million euros ($832 million), the sources said. It has also been looking at a possible acquisition in Russia.
* The deals will be reviewed at a Generali strategic committee meeting on Tuesday and a board meeting the day after, one of the sources said, confirming an earlier report in Italian daily Il Sole 24 Ore.
||UK holding off on Liberty Steel as Gupta explores refinancing|
"I think it's absolutely necessary to have steel here in the UK, it has a future," Kwarteng told a parliamentary hearing. "But we can't strip Liberty Steel in this instance now from the wider group under which it sits."
* "Mr Gupta's assurances that he can refinance his business needs to be examined and he should be allowed time to find the actual refinancing to keep his businesses afloat," Kwarteng said.
||Key factors in ministries relocation plan|
The prospect of freeing up 20 large state-owned properties in central Athens and beyond appears to be the key incentive for the relocation of nine ministries to the estate that once hosted the Pyrkal plant in the Dafni-Ymittos municipality.
||Volkswagen, IG Metall strike wage deal|
* Volkswagen, the world's second-largest carmaker, has seen its shares rise by more than half, shrugging off the impact from the coronavirus pandemic and a chip shortage that has hit the automotive sector.
||there is a limit to each investment|
PREMIUM BONDS are a way some opt to store their money, with the hopes of winning a prize in the monthly prize draws. How do you buy Premium Bonds from NS&I?
||NBS Bank partners GIZ in Agri-Finance project|
Malawi Stock Exchange listed NBS Bank has partnered with Gesellschaft fr Internationale Zusammenarbeit (GIZ), commissioned by German Federal Ministry for Economic Cooperation and Development (BMZ) in the promotion of Agricultural Finance (AgriFin) project focusing on engaging both the supply and demand sides to small-scale farmers, farmer organizations and agri-based entrepreneurs. On the supply side, GIZ, 
||Helping senior parents with finances can be tricky|
Dear Savvy Senior: What tips can you offer on helping an elderly parent with their finances? My 84-year-old father is having trouble keeping up with his bills and insurance, and I just found out that hes been making contributions to a suspicious charity. Reluctant Daughter