RIL, Aramco call off $15-billion deal amid valuation differences

03:41am, Friday, 26'th Nov 2021 The Tribune
New Delhi/Dubai, Nov 25 Reliance Industries and Saudi Aramco have called off a deal for the state oil giant to buy a stake in the oil-to-chemicals business of the Indian conglomerate due to valuation concerns, sources with knowledge of the matter said. Talks broke down over how much Reliance''s oil-to-chemicals (O2C) business should be valued as the world seeks to move away from fossil fuels and reduce emissions, they said. Focus on signing multiple deals Talks broke down over how much Reliance''s oil-to-chemicals (O2C) business should be valued as the world seeks to move away from fossil fuels and reduce emissions Instead, Reliance will now focus on signing multiple deals with companies to produce specialty chemicals for higher margins, one of the sources said Instead, Reliance will now focus on signing multiple deals with companies to produce specialty chemicals for higher margins, one of the sources said. Aramco, the world''s top oil exporter, signed a non-binding agreement to buy a 20% stake in Reliance''s O2C business for $15 billion in 2019.

ATFX Won the 12th International Award of the Year 2021

03:00am, Friday, 26'th Nov 2021 PR Newswire Asia (English)
HONG KONG , Nov. 26, 2021 /PRNewswire/ -- ATFX is a multi-award-winning CFD broker. In 2021, the broker has won 11 international awards in the Forex industry, including "The Top 10 Hot Brands of the Year 2021", "The Most Influential Companies of the Year 2021", and the "Best Trading Experience". Recently, The 2021 Global Forex Awards announced the winners, and ATFX was again presented with another award of significant industry authority -- "Best Forex Fintech Broker Award". It''s the broker''s 12 th award of the year. The award is meant to recognize that the broker delivers cutting-edge fintech solutions, comprehensive market research services, well-structured investor education programs and world-class customer services. The award was the result of a poll organized this July. Around 4,000 individual voters from across the world cast 31,000 votes. ATFX eventually stood out from the large group of brokers and won this world-class award. Having spent a considerable amount of human resources and financial resources on fintech services, ATFX commits to keep providing their customers with world-leading tech services.
Mercado Libre keeps going with its bold strategy to expand the credit avenue; in Q3 2021, the credit portfolio exceeded $1.126 billion The post Mercado Libre takes $375 million from Citi to expand credit in Brazil and Mexico appeared first on LABS English .
Columbia Trust Co 01012016 grew its stake in shares of Citigroup Inc. (NYSE:C) by 9.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,361 shares of the companys stock after purchasing an additional 2,025 shares during the period. Citigroup makes up 0.9% []

Norway Savings Bank Boosts Stake in Citigroup Inc. (NYSE:C)

08:06pm, Thursday, 25'th Nov 2021 Dakota Financial News
Norway Savings Bank grew its stake in Citigroup Inc. (NYSE:C) by 6.0% in the third quarter, HoldingsChannel reports. The institutional investor owned 20,901 shares of the companys stock after buying an additional 1,175 shares during the period. Norway Savings Banks holdings in Citigroup were worth $1,467,000 as of its most recent filing with the Securities []

Citigroup Inc. (NYSE:C) Shares Bought by Winthrop Advisory Group LLC

05:50pm, Thursday, 25'th Nov 2021 Transcript Daily
Winthrop Advisory Group LLC lifted its position in shares of Citigroup Inc. (NYSE:C) by 6.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 3,266 shares of the company’s stock after acquiring an additional 210 shares during the quarter. Winthrop Advisory Group LLC’s holdings in Citigroup were worth $229,000 as of its most recent filing […]

Field & Main Bank Has $1 Million Holdings in Citigroup Inc. (NYSE:C)

05:08pm, Thursday, 25'th Nov 2021 Dakota Financial News
Field & Main Bank lessened its stake in Citigroup Inc. (NYSE:C) by 4.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 14,272 shares of the companys stock after selling 630 shares during the quarter. Field & Main Banks holdings in Citigroup were worth $1,002,000 as of its most recent SEC filing. Other hedge []

Berkshire Bank Has $2.07 Million Position in Citigroup Inc. (NYSE:C)

04:34pm, Thursday, 25'th Nov 2021 Dakota Financial News
Berkshire Bank increased its holdings in Citigroup Inc. (NYSE:C) by 1.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 29,449 shares of the companys stock after buying an additional 322 shares during the quarter. Berkshire Banks holdings in Citigroup were worth $2,067,000 at the end of the most recent reporting period. A number of []

Contact Gold (TSXV:C) closes first tranche of private placement

04:00pm, Thursday, 25'th Nov 2021 The Market Herald
Contact Gold (C) has closed the first tranche of its private placement The post Contact Gold (TSXV:C) closes first tranche of private placement appeared first on The Market Herald .
Stocks Analysis by Zacks Investment Research covering: Citigroup Inc, Southern First Bancshares Inc. Read Zacks Investment Research''s latest article on Investing.com
Hollencrest Capital Management lessened its stake in shares of Citigroup Inc. (NYSE:C) by 4.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 23,977 shares of the companys stock after selling 992 shares during the period. Hollencrest Capital Managements holdings in Citigroup were worth $1,683,000 as of its most recent SEC filing. A number of []
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NEW DELHI/DUBAI: Reliance Industries and Saudi Aramco have called off a deal for the state oil giant to buy a stake in the oil-to-chemicals business of the Indian conglomerate due to valuation concerns, sources with knowledge of the matter said. Talks broke down over how much Reliance''s oil-to-chemicals (O2C) business should be valued as the world seeks to move away from fossil fuels and reduce emissions, they said. Instead, Reliance will now focus on signing multiple deals with companies to produce specialty chemicals for higher margins, one of the sources said. Aramco, the world''s top oil exporter, signed a non-binding agreement to buy a 20% stake in Reliance''s O2C business for $15 billion in 2019. Last week, the companies announced they would re-evaluate the deal, ending two years of negotiations. The collapse of the deal reflects the changing global energy landscape as oil and gas companies shift away from fossil fuel to renewables. Valuations of refining and petrochemical assets have gone down especially after the recent COP26 climate talks in Glasgow, a second source involved in the deal discussions said.
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2021) - Contact Gold Corp. (TSXV: C) (OTCQB: CGOLF) (the "Company" or "Contact Gold") is pleased to announce that it has closed the firs

Citigroup reportedly planning to enter crypto space

07:07am, Thursday, 25'th Nov 2021 T&IN
Citigroup CEO Jane Fraser said last month that she sees a place for cryptos The post Citigroup reportedly planning to enter crypto space first appeared on Trading and Investment News .
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