Seadrill announces Brazil contract award for West Tellus

Seadrill announces Brazil contract award for West Tellus

MikeMareen/iStock Editorial via Getty Images Seadrill Limited (NYSE:SDRL) said on Tuesday that the ultra-deepwater drillship, West Tellus, was awarded a 1,095-day contract for the Sépia and Atapu fields in the Santos Basin, offshore Brazil, following a competitive tender process. The contract, awarded by Petrobras, will contribute approximately $498 #Seadrill #announces #Brazil #contract #award #West #Tellus

California aims to expand insurance coverage in fire-prone areas with new rules

California aims to expand insurance coverage in fire-prone areas with new rules

FOX Business’ Max Gorden reports on the latest news that Allstate will raise California home insurance rates by 34% on ‘Varney & Co.’ California Insurance Commissioner Ricardo Lara announced the enforcement of a regulation aimed at expanding insurance coverage in wildfire-prone areas of the state, where insurers have fled and homeowners have struggled to find…

D.A. Davidson Acts as Exclusive Financial Advisor to Verisk on its Sale of AER to JANUS Research Grou By Investing.com

D.A. Davidson Acts as Exclusive Financial Advisor to Verisk on its Sale of AER to JANUS Research Grou By Investing.com

WASHINGTON–(BUSINESS WIRE)–D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Verisk (Nasdaq: NASDAQ:), a leading global data analytics and technology provider, on the sale of its Atmospheric and Environmental Research (AER) business to JANUS Research Group (JANUS). JANUS is a portfolio company of CM Equity Partners. This press release features…

Jon Thompson to quit as HS2 chair as price of UK rail project soars

Jon Thompson to quit as HS2 chair as price of UK rail project soars

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The chair of Britain’s High Speed 2 rail project will step down in the spring, the government said on Tuesday, hours after the Financial Times reported that the price had risen by another £9bn. Sir…

Restrictions lifted: ECL Finance and Edelweiss ARC get RBI’s green signal

Restrictions lifted: ECL Finance and Edelweiss ARC get RBI’s green signal

The Reserve Bank of India (RBI) on Tuesday lifted its five-month-long restrictions on two Edelweiss Group entities—ECL Finance and Edelweiss Asset Reconstruction Company (ARC)—after the firms took corrective steps to align with regulatory norms. The restrictions, imposed on May 29, were no slap on the wrist. ECL Finance was barred from undertaking structured transactions tied…

Dow, S&P 500, Nasdaq slide ahead of Fed meeting kickoff

Dow, S&P 500, Nasdaq slide ahead of Fed meeting kickoff

Homebuilder confidence was flat in December from the previous month and came in lower than analyst estimates amid uncertainty over how quickly mortgage rates will decline. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index stayed at 46 in December, lower than economists’ estimates of 47, per Bloomberg data. Any reading under 50…

Genius Group increases Bitcoin treasury to 214 Bitcoin (GNS:NYSE)

Genius Group increases Bitcoin treasury to 214 Bitcoin (GNS:NYSE)

Genius Group Limited (NYSE:GNS) had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $2M to 214 Bitcoin for $20M, at an average price of $93,586 per Bitcoin. The company is also exploring different sources of capital, including commercial loans on market terms, to facilitate its purchase of Bitcoin for its Bitcoin Treasury….

Trump’s proposed tariffs: what consumer products could be impacted?

Trump’s proposed tariffs: what consumer products could be impacted?

Alberta Premier Danielle Smith discusses Canadas investment in securing their southern border and her willingness to work with Trump on The Big Money Show. President-elect Trump campaigned on using tariffs as a tool to secure more favorable international trade terms and bring in tax revenue, but they could impact the prices paid by consumers for…

Matador Resources director Monika Ehrman buys $10,348 in stock By Investing.com

Matador Resources director Monika Ehrman buys $10,348 in stock By Investing.com

Monika U. Ehrman, a director at Matador Resources Co (NYSE:), recently acquired shares in the company. According to a Form 4 filing with the Securities and Exchange Commission, Ehrman purchased 180 shares of Matador Resources on December 13, 2024, at a price of $57.49 per share. This transaction amounted to a total of $10,348. Following…

China tells UK to ‘stop creating trouble’ over alleged spy

China tells UK to ‘stop creating trouble’ over alleged spy

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s embassy in London has warned the UK to “stop creating trouble” as it hit out at MPs’ “twisted mentality” over allegations that a Chinese businessman linked to Prince Andrew is a Communist party spy….

US to require alarms if rear passengers in cars don’t fasten their seat belts

US to require alarms if rear passengers in cars don’t fasten their seat belts

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‘Filthy seats, cold towels’: US blogger calls Air India business class ‘Pathetic’, shares shocking video of experience

‘Filthy seats, cold towels’: US blogger calls Air India business class ‘Pathetic’, shares shocking video of experience

A US travel blogger has gained attention online after posting a critical review of his Air India business class experience on a flight from London to Amritsar. Describing it as the “worst business class experience” he has ever had, Drew Binsky detailed a series of problems that frustrated him with the $750 seat upgrade he…

Could This Artificial Intelligence (AI) Newcomer Be the Next Nvidia?

Could This Artificial Intelligence (AI) Newcomer Be the Next Nvidia?

For much of the last two years, big tech has dominated the storyline revolving around artificial intelligence (AI). “Magnificent Seven” members Microsoft, Amazon, and Alphabet have invested billions into the likes of ChatGPT creator OpenAI and perhaps its biggest rival, Anthropic. Meanwhile there is Tesla, Elon Musk’s brainchild that’s looking to bring self-driving cars and…

Asia-Pacific markets trade mixed ahead of central bank meetings

Asia-Pacific markets trade mixed ahead of central bank meetings

Dec. 17, 2024 1:09 AM ETEWJ, JEQ, FXI, PGJ, EWH, DXJ, CAF, FXY, USD, GXC, TDF, CHIQ, YINN, YANG, CQQQ, MCHI, CXSE, KWEB, ASHR, KBA, CWEB, BTC-USD, KURE, AS51, NKY:IND, SHCOMP, HSI, SENSEX, AUD:USD, NZD:USD, USD:KRW, JPY:USD, CNY:USD, INR:USD, HKD:USDBy: Meghavi Singh, SA News Editor tadamichi Asia-Pacific markets trade mixed on Tuesday as cautious traders…

Apple reportedly has foldable and skinny iPhone models in the pipeline

Apple reportedly has foldable and skinny iPhone models in the pipeline

The Kobeissi Letter editor-in-chief Adam Kobeissi explains why he’s so bullish on stocks, treasuries, oil, and gold on ‘Making Money.’  Apple reportedly has an iPhone model that’s thinner and another that folds in the pipeline. The tech giant is working to launch the two new designs in the coming years, with the skinny device targeting…

VERSABANK PRICES OFFERING OF COMMON SHARES By Investing.com

VERSABANK PRICES OFFERING OF COMMON SHARES By Investing.com

The Base Shelf Prospectus is accessible, and the Final Prospectus Supplement will be accessible within two business days, on SEDAR+ and on EDGAR LONDON, ON, Dec. 16, 2024 /PRNewswire/ – VersaBank (Nasdaq:VBNK; TSX:VBNK) (the “Bank”) today announced the pricing of its previously announced public offering of 5,660,378 common shares (the “Offering”) at a price to…

Execs must use AI and understand it — but don’t become ‘too enamored’ by the technology, warn business leaders

Execs must use AI and understand it — but don’t become ‘too enamored’ by the technology, warn business leaders

Business leaders from Salesforce, Edward Jones, Insight, and Accenture shared their views on the best way to become an AI “expert” at Fortune’s Brainstorm AI conference. Read More #Execs #understand #dont #enamored #technology #warn #business #leaders

Trump’s Ex-Secretary Of State Mike Pompeo Backs Nippon Steel’s $14.9B Acquisition Of US Steel Citing National Security Concerns

Trump’s Ex-Secretary Of State Mike Pompeo Backs Nippon Steel’s $14.9B Acquisition Of US Steel Citing National Security Concerns

Trump’s Ex-Secretary Of State Mike Pompeo Backs Nippon Steel’s $14.9B Acquisition Of US Steel Citing National Security Concerns President-elect Donald Trump‘s Former U.S. Secretary of State Mike Pompeo has thrown his support behind Nippon Steel Corp.‘s (OTC:NPSCY)  (OTC:NISTF) proposed $14.9 billion acquisition of United States Steel Corp. (NYSE:X), arguing the deal would strengthen America’s position against…