EXCLUSIVE Exxon prepares to bid for new oil blocks in Brazil -sources
Exxon Mobil Corp (XOM.N) is prepared to bid on Friday for new blocks in Brazil’s deep-water oil fields, a focus area for its oil and gas production growth, people familiar with the matter said.
Argentina’s economy rebounds strongly in third quarter
Argentina’s economy expanded 11.9% on a year-on-year basis in the third quarter of 2021, the country’s statistics agency said on Thursday, in line with expectations of a sharp rebound from the 10.2% contractionin the same period last year.
End of an era: Airbus delivers last A380 superjumbo
Airbus (AIR.PA) delivered the final A380 superjumbo on Thursday, to Dubai’s Emirates, marking the end of a 14-year run that gave Europe an instantly recognised symbol across the globe but failed to fulfil the commercial vision of its designers.
Reddit jumps on IPO bandwagon with confidential filing
Reddit Inc, whose message boards became the go-to destination for day traders during this year’s meme stock frenzy, said on Wednesday it had confidentially filed for an initial public offering with U.S. securities regulators.
UK, Australia sign deal forecast to create 10 billion pounds in extra trade
Britain and Australia have signed a free trade deal projected to eventually boost bilateral trade by over 10 billion pounds ($13.3 billion), eliminating tariffs, opening up sectors like agriculture and allowing freer movement for service-sector professionals.
Shimao bonds jump on report the Chinese developer plans to repay debts
Bonds sold by subsidiaries of Shimao Group Holdings (0813.HK) rose broadly in Shanghai on Friday after a report the Chinese developer plans to repay publicly issued debts due this month, even as ratings agency Moody’s downgraded the company.
Oil prices head for weekly loss on Omicron coronavirus uncertainty
Oil prices dipped on Friday, putting the market on track for a narrow weekly loss, as surging cases of the Omicron coronavirus variant raised fears new curbs may hit fuel demand, while a weaker dollar supported commodity markets broadly.
Striking Kellogg workers could return after Christmas as tentative deal reached
Kellogg Co (K.N) and the union representing striking workers at its U.S. breakfast cereal plants have reached a tentative agreement on a new five-year contract that could pave the way for the employees to return to work two days after Christmas.
EV startup Rivian to build $5 bln plant in Georgia, posts quarterly loss
Amazon-backed electric vehicle startup Rivian Automotive Inc (RIVN.O) on Thursday said it will build a $5 billion plant in Georgia, its second U.S. assembly plant, as it looks to expand production.
Beijing rule changes to revive China’s IPO prospects in 2022, bankers say
Greater China’s flagging initial public offerings (IPOs) are set to get a fillip in 2022 from the expected unveiling of new rules by Beijing for Chinese firms’ offshore listings, giving clarity to jittery investors, investment bankers and analysts said.
