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Palladium boom gives South African miners only temporary reprieve

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LONDON (Reuters) – A surge in palladium prices has thrown struggling South African mining companies a lifeline. But it may not be enough. FILE PHOTO: Ingots of 99.97 percent pure palladium are stored at a plant owned by Krastsvetmet, one of the world’s biggest manufacturers of non-ferrous metals, in Krasnoyarsk, Russia April 9, 2019. REUTERS/Ilya Read More

Just Energy Reports Fourth Quarter and Full Fiscal Year 2019 Results

6 days ago DieselGasoil Comments Off on Just Energy Reports Fourth Quarter and Full Fiscal Year 2019 Results
Annual base EBITDA from continuing operations growth of 13%, driven by robust gross margin improvementEmbedded gross margin remains stable and at historical highsProvides fiscal year 2020 Base EBITDA and Free Cash Flow guidance TORONTO, May 15, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (TSX:JE; NYSE:JE), a leading consumer company focused on essential needs including Read More

Poland may demand over $1 TRILLION in reparations from Germany over WW2 – Polish lawmaker

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A revised war reparations bill owed by Germany and calculated by a Polish parliamentary committee may exceed $1 trillion, the senior lawmaker in charge of a report into the matter has suggested. Speaking to the Polish conservative weekly Sieci, Arkadiusz Mularchyk, head of the Polish parliamentary group on war reparations, said the document compiled by Read More

Pemex gets record $8 billion loan in bid to reassure investors

1 week ago DieselGasoil Comments Off on Pemex gets record $8 billion loan in bid to reassure investors
By Justin Villamil and Cyntia Barrera Diaz on 5/13/2019 Photo: Mexican President Andres Manuel Lopez Obrador. MEXICO CITY (Bloomberg) — Mexico moved to bolster investor confidence in its embattled state oil company, announcing an unprecedented $8 billion syndicated loan along with new tax breaks for the energy producer. Petroleos Mexicanos officials signed the financing agreement Read More

SoftBank Group shares tumble as Uber prices IPO at lower end

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FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – Shares in Japanese conglomerate SoftBank Group Corp tumbled 5.5% on Friday, a day after one of its biggest tech bets, Uber Technologies, priced its initial public offering at Read More

SoftBank Group unveils stock split, rakes in $3.8 billion gain on Uber stake

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TOKYO (Reuters) – Japan’s SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its shareholder payout, as it also reported a $3.8 billion valuation gain on its stake in Uber. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Read More

SoftBank Group unveils stock split, rakes in higher profit on tech bets

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TOKYO (Reuters) – Japanese conglomerate SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its shareholder payout, as it also reported a better-than-expected annual profit. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. Read More

Peyto Announces Q1 2019 Results

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CALGARY, Alberta, May 07, 2019 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present its operating and financial results for the first quarter of the 2019 fiscal year. A 68% Operating Margin(1) and a 16% Profit Margin(2) in the quarter delivered a 6% return on capital employed (ROCE) Read More