This is my personal story on the launch of Australia’s early ETFs and how they have helped investors save millions of dollars in fees. The post My contribution to the Australian ETF landscape appeared first on Stockspot Blog.
Reuters exclusively reported that Canada will not force Chinese investors to divest mining company stakes
Reuters exclusively reported that Canada will not force Chinese investors to sell their stakes in three of Canada’s biggest mining firms, Teck Resources, Ivanhoe Mines, and First Quantum Minerals. Canada’s Natural Resources Minister, Jonathan Wilkinson, told Reuters in an interview that any retrospective move will create policy uncertainty. In November, Canada forced three Chinese companies to sell their stakes in...
Best SMSF investment strategies for income and capital growth
These are the 3 most asked-for investment strategies from our SMSF clients. The post Best SMSF investment strategies for income and capital growth appeared first on Stockspot Blog.
Urals oil supplies to Turkey jump in Feb as STAR refinery resumes Russian crude imports
Reuters exclusively reported that supplies of Russian flagship Urals crude oil to Turkey reached a four-month high in February after STAR refinery, owned by Azerbaijan’s oil firm SOCAR, resumed purchases of the blend. Sea-borne Russian oil supplies are subject to an embargo by the European Union and the price is capped by the West to $60 per barrel over Moscow’s...
Mexico’s Pemex increased gas flaring at top field, despite pledge to stop
Reuters exclusively discovered that gas flaring from the vast Ixachi field in Veracruz state not only continued, it increased after Pemex promised to stop burning natural gas from the Southeast Mexican field amid mounting pressure to improve its poor environmental record. The post <strong>Mexico’s Pemex increased gas flaring at top field, despite pledge to stop</strong> appeared first on Reuters News...
Canada’s Baytex Energy nears $2.5 bln deal for U.S. peer Ranger Oil
Reuters was first to report that Canadian oil and gas producer Baytex Energy Corp was nearing a deal to acquire U.S. peer Ranger Oil Corp for around $2.5 billion including debt. The deal, which was announced the following day, significantly boosts Baytex’s presence in South Texas’ Eagle Ford shale basin, which currently represents around 30% of its total production. The...
Reuters exclusively reported that Broadcom faces EU antitrust warning on $61 billion VMware deal
Reuters exclusively reported that U.S. chipmaker Broadcom (AVGO.O) is set to receive an EU antitrust warning about the possible anti-competitive effects of its proposed $61 billion bid for cloud computing company VMware (VMW.N) in the coming weeks. The European Commission opened an investigation in December, saying the deal – which was announced last year as the second largest of its...
Russia plans deep March oil export cuts
Reuters exclusively reported that Russia plans to cut oil exports from its western ports by up to 25% in March versus February, exceeding its announced production cuts in a bid to lift prices for its oil, three sources in the Russian oil market said. Russia had already announced plans to cut its oil production by 500,000 barrels per day in...
Reuters was first to report that Ericsson will lay off 8,500 employees
Reuters was first to report that Ericsson will lay off 8,500 employees, citing a memo sent to employees and confirmed by Ericsson. This layoff demonstrates that the recent job cuts within the tech industry are moving to other sectors, with this being the first major layoff by a telecom company. The post Reuters was first to report that Ericsson will...