Hints and tips:
...Euronav is trading at about $16.40 and only about 9 per cent of its shares remain in free float. FourWorld has also pursued legal action in Belgium’s markets court and a US district court....
...Over the same period, post-crisis regulation and a decline in oil prices from their 2008 peak knocked the banks and energy groups that form a large part of European bourses....
...Jardine, a $41bn trading house dating back to Hong Kong’s colonial era, holds a majority shareholding in Astra International, Indonesia’s largest conglomerate whose unit Agincourt Resources operates the...
...Yet the stock is trading at just 20 times forward earnings, below its three-year average of 24 times. That looks cheap if SLB can continue to flex its pricing power....
...Astra International is majority-owned by Hong Kong trading house Jardine Matheson through its Singapore-listed unit, Jardine Cycle and Carriage....
...Euronav shares were up 11 per cent at €11.82 on Euronext in lunchtime trading, while Frontline stock was down 6 per cent in Oslo at NKr79.90....
...Parent group Astra is majority-owned by trading house Jardine Matheson and has a strong business record. Over the past 64 years, it has grown to become one of Indonesia’s largest listed conglomerate....
...The company has sold a series of large assets over the past five years, including its biotech business to Danaher for $21bn and its stake in Baker Hughes, the oil services company....
...Critically, he says, Astra achieved that elusive quality of feeling local to locals. “The feeling I always got when I was there was that actually Indonesians were proud of Astra....
...(FT) The future of sports betting Trading futures has always been something of a gamble. Casinos have caught on, and are angling to get in on the game....
...On average, our coverage is trading on 2020/21 EV/EBITDA multiples of 4.7x/4.3x, and several companies are trading below core NAV (ie Gulf Keystone, Kosmos Energy, Jadestone Energy and Tullow Oil).• Focus...
...This appears higher than other UK life insurers (c2-3%) but Aviva’s % includes the oil majors and AA-rated retail so is probably similar....
...Cash-rich Japanese companies, including trading houses, have been snapping up overseas assets to expand outside their shrinking home market....
...Eventually, the oil market will re-balance, global oil demand will kick back, and oil prices will rebound....
...Mr Boujnah said the deal would continue to diversify Euronext, Europe’s third largest exchange by equity value, away from share trading....
...The sharp fluctuations in its share price at the time saw the US Securities and Exchange Commission investigate for possible insider trading, but it found no evidence of wrongdoing....
...This time it will be a UK Plc, rather than a Dutch NV, that ends up on top. Unilever will keep its FTSE 100 place, and expects to keep its spot in the Dutch index too....
...Brent oil prices are unmoved, trading roughly where they were over a month ago....
...Oslo is dominant in seafood derivatives and expertise in oil services and shipping. It also owns a central securities depository, where deals are settled....
...US authorities interviewed a Schlumberger employee last month as part of an investigation into possible sanctions violations just four years after the oilfield services giant was fined $230m for trading...
...Oslo is dominant in seafood derivatives and has expertise in oil services and shipping. It also owns a central securities depository, where deals are settled....
...If Occidental shares return to their peak trading price over the past year, the warrants would add another $2bn in profit to Berkshire....
...Euronext’s 17 per cent market share in equities trading makes it Europe’s third-largest share trading venue. Oslo has about 1 per cent of the European market....
...Commodity trading and finance, by contrast, is a centuries-old sector still reliant on the exchange of physical documents. This can lead to delays, high costs and also an increased risk of fraud....
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