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By Euan Rocha TORONTO (Reuters) – The Canada Pension Plan Investment Board (CPPIB), already a major global investor, has signaled even greater ambitions with a $12 billion transaction with GE Capital that insiders and advisors said may herald larger deals. The C$264 billion ($213 billion) pension fund manager’s decision not to seek a partner for the purchase of GE’s private equity lending portfolio also highlights its growing confidence and suggests
SANTA BARBARA, Calif. (AP) — Officials denied a request Tuesday by Exxon Mobil to temporarily use tanker trucks to transport crude oil from offshore wells through Santa Barbara County after a recent pipeline break that has become the state’s largest coastal oil spill in 25 years.
As people continue to digest breaking news out of Greece and around the world, the Godfather of newsletter writers, 90-year-old Richard Russell, warns that the next mega disaster is already in progress. Russell also discusses what it all means as well as how investors can protect themselves.
Venezuelan President Nicolas Maduro blamed Exxon Mobil for strains with neighboring Guyana over disputed territorial waters, and said diplomacy should ultimately win out. A decree issued by Caracas on May 27 lays claim to waters off the Essequibo River region, a disputed territory that borders Venezuela and encompasses more than half of Guyana. The Venezuelan action came less than a month after Exxon Mobil said it had made a significant
Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed loans rose this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.96 percent, up 18 basis points from the same time last week. The 30-year fixed mortgage rate rose to 3.98 percent Friday, then hovered there before settling
[CNW Group] – Agnico Eagle Provides Exploration Update on Two Projects – Amaruq’s Whale Tail Zone Expands and Infills; Drilling Extends Known Zones at El Barqueno; Soltoro Deal Closes
[PR Newswire] – TORONTO, June 9, 2015 /PRNewswire/ – Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) (“Agnico Eagle” or the “Company”) is pleased to report additional results from the 2015 Phase 1 exploration …
With crude oil surging over 4 percent and global bond markets continuing to get hit, today one of the greats in the business sent King World News a fantastic piece warning that the global bond market rout in bonds is eerily reminiscent of the period that lead up to the 1987 stock market crash, plus a bonus Q&A that covers central banks losing control.
