Crashing markets spell trouble for India’s privatization plans

By Manoj Kumar and Rajesh Kumar Singh NEW DELHI (Reuters) - The collapse of the rupee is derailing India‘s hopes of raising more than $6 billion from the sale of stakes in state-run firms, jeopardizing a key plank of Finance Minister P.Chidambaram’s blueprint to reverse the country’s economic malaise. Investor confidence has evaporated amid fears Continue reading →

Royal Dutch Shell plc: 2nd Quarter and Half Year 2013 Unaudited Results

THE HAGUE, The Netherlands, August 1, 2023 /PRNewswire/ - Royal Dutch Shell’s (NYSE: RDS.A) (NYSE: RDS.B) second quarter 2013 earnings, on a current cost of supplies (CCS) basis (see Note 1), were $2.4 billion compared with $6.0 billion in the same quarter a year ago. Second quarter 2013 earnings included an identified net charge of Continue reading →

CA-BUSINESS Summary

Soft data, commodity prices take TSX to one-week low TORONTO (Reuters) - Canada‘s main stock index retreated sharply on Friday as lower commodity prices triggered a slump in shares of natural resource companies and weak economic data out of Europe and the United States dampened investor sentiment. While almost every major sector declined, the index Continue reading →

Meritor Announces Pricing of $275 Million of Senior Unsecured Notes

Meritor, Inc. logo. (PRNewsFoto/Meritor, Inc.) TROY, Mich., May 28, 2023 /PRNewswire/ - Meritor, Inc. (NYSE: MTOR) today announced the pricing of its senior unsecured notes in an aggregate principal amount of $275 million in an underwritten registered public offering (the “Notes”).  The $275 million of Notes will mature on June 15, 2023 and will bear interest Continue reading →

Best Reason Why People Ought To Be Careful About Taking A Loan

Although loans are solutions during difficult financial times, most people neglect to take forethoughts prior to signing the commitment. Unable to comprehend the implications of taking a personal unsecured loan usually puts individuals poverty and can make anyone to strain something useful. Since loans must be cleared within set durations, you have to be concise Continue reading →

Crombie REIT reports strong first quarter results and $185 million of year to date acquisitions

STELLARTON, NS, May 9, 2023 /CNW/ - Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) is pleased to report strong results for the first quarter ended March 31, 2013. First Quarter 2013 Highlights (In thousands of CAD dollars, except per unit amounts and as otherwise noted) Strong 9.5% growth in Funds From Operations (“FFO”) per Continue reading →