News

Barclays (LON:BARC) raised its oil price forecasts for 2022 on Tuesday, noting a faster-than-expected inventory decline and a conservative supply reaction as justifications. The bank boosted its Brent and West Texas Intermediate (WTI) average price forecasts for 2022 by $3 to $80 and 77 per barrel, respectively. Brent Crude prices are expected to average $80 …

The Price Of Brent Oil Is Expected To Reach $80 In 2022, According To Barclays Read More »

On Wednesday, Toshiba Corp’s second-largest shareholder opposed the Japanese company’s decision to break itself into three businesses, instead urging it to seek offers from potential purchasers. In a three-page letter to Toshiba’s board, investment fund 3D Investment Partners, which controls more than 7% of the business, laid out its reservations, becoming the first large shareholder …

Toshiba Stockholder Opposes The Split And Wants The Board To Consider Proposals Read More »

C.P. Group and Telenor Group have agreed to examine the formation of a new telecom-tech business that includes True and DTAC. With the assistance of its important sponsoring shareholders, the new firm will be a merger of equals, bringing the best of the two local companies together. Telenor (TEL.OL) of Norway and Charoen Pokphand Group …

C.P. Group And Telenor Group Plan To Combine Thai Telecom Units In Order To Form A New Telecom-Tech Company Read More »

Barclays (BARC.L) said on Monday that CEO Jes Staley will step down following British authorities’ probes into his contacts with convicted sex offender Jeffrey Epstein. It stated that C.S. Venkatakrishnan (known as Venkat), the company’s head of worldwide markets, will take over as CEO with immediate effect, subject to regulatory approval. The preliminary findings of …

Due To The Conclusions Of The Epstein Investigation, Barclays CEO Staley Has Resigned Read More »

According to sources familiar with the subject, Goldman Sachs Group Inc (GS.N) has launched a new product that allows investors to wager on special purpose acquisition companies (SPACs), which is the firm’s latest attempt to cash in on the deal making boom. As per the sources, the asset is organized as a two-year bond that …

Goldman Sachs Introduces A New Method For Investors To Speculate On SPACs Read More »