Canadian Natural Resources Ltd (CNQ.TO)on Thursday reported quarterly profit more than doubled and announced a special dividend of C$1.50 a share, as crude prices soared on tighter energy supplies due…
Category: Business
Credit Suisse mulls cutting thousands of jobs globally
Credit Suisse Group AG (CSGN.S) is discussing slashing thousands of jobs globally, Bloomberg News reported on Thursday, citing people familiar with the matter. Hours after the news, Fitch Ratings cut…
Italy unveils new $17.4 billion package against inflation
Italy approved on Thursday a new aid package worth around 17 billion euros ($17.4 billion) to help shield firms and families from surging energy costs and rising consumer prices. The…
Italy asks bidders to recast proposals for Ita Airways
Italy has asked bidders willing to take over Ita Airways to come up with improved proposals, the economy minister said on Thursday, because the government does not deem the current…
Brazil fertilizer deliveries to stabilize or fall as cost woes weigh, Yara executive says
Fertilizer deliveries to Brazilian farmers will stabilize or fall in 2022, an executive at Norway's Yara YAR.OL, a major supplier, said, citing a global rise in prices that is also…
Apollo’s Q2 earnings rise as Athene helps brave dealmaking slowdown
Apollo Global Management Inc reported a 13% rise in second-quarter earnings on Thursday, as income from its annuities provider Athene more than compensated for a decline in asset sales amid…
Retail investors perceive stocks, bonds to be more arcane than crypto, survey shows
Retail investors find well-established stocks and bond markets to be more arcane than the wild world of cryptocurrencies, a survey by the World Economic Forum (WEF) showed on Thursday. The…