Friday, July 22, 2022

Financial Post

Financial Post


Capstone Extends and Expands Its Revolving Credit Facility

Posted: 22 Jul 2022 07:54 AM PDT

VANCOUVER, British Columbia -- Capstone Copper Corp. ("Capstone") (TSX:CS) today announced that it has closed the amendment and extension of the Capstone corporate revolving credit facility ("RCF") from $225 million to $500 million plus $100 million accordion and extended the RCF by four years to May 12, 2026. Upon closing of the RCF, Capstone will repay the existing debt facility with Glencore Chile SpA ("Glencore") which was previously raised in connection with the Mantos Blancos Concentrator Development Project. Read More

Cargill, Continental close U.S. chicken deal

Posted: 22 Jul 2022 07:52 AM PDT

WASHINGTON -- Cargill and Continental Grain Co said on Friday that they had closed their deal to buy Sanderson Farms Inc, the third largest chicken producer, in a deal worth some $4.53 billion. Read More

Owl.co Announces Greg Poulakos and Stacy Varney as Strategic Advisors and Welcomes Don Russell to Leadership Team

Posted: 22 Jul 2022 07:52 AM PDT

The insurance industry veterans bring extensive technology innovation and claim expertise to strengthen Owl.co offerings Read More

Draghi’s fall leaves Monte dei Paschi’s cash call in the lurch

Posted: 22 Jul 2022 07:50 AM PDT

MILAN -- Monte dei Paschi di Siena (MPS) 's seventh capital raising in 14 years was always going to be a hard sell, now Italy's political crisis risks turning it into a mission impossible. Read More

China plans ‘great efforts’ to consolidate economic recovery

Posted: 22 Jul 2022 07:47 AM PDT

BEIJING -- China will make great efforts to consolidate its economic recovery particularly in the crucial third quarter, putting a priority on stabilizing employment and prices, state media reported on Friday after a regular cabinet meeting. Read More

Mercer International Inc. to Acquire Holzindustrie Torgau (‘HIT’) Significantly Expanding Its Solid Wood Operations

Posted: 22 Jul 2022 07:47 AM PDT

Facility Highlights Read More

Reliance’s Profit Misses Estimates as High Input Costs Bite

Posted: 22 Jul 2022 07:47 AM PDT

(Bloomberg) — Reliance Industries Ltd., controlled by billionaire Mukesh Ambani, posted a lower-than-expected quarterly profit as higher costs offset the gains from refining business. Read More

Global slowdown fears darken as cost of living bites

Posted: 22 Jul 2022 07:45 AM PDT

LONDON/TOKYO -- The global economy looks increasingly likely to be heading into a serious slowdown, just as central banks aggressively reverse ultra-loose monetary policy adopted during the pandemic to support growth, data showed on Friday. Read More

Dollar slips after dismal U.S. data

Posted: 22 Jul 2022 07:43 AM PDT

NEW YORK -- The U.S. dollar slipped against a basket of currencies on Friday, after data showed U.S. business activity contracted for the first time in nearly two years in July as a sharp slowdown in the service sector outweighed continued modest growth in manufacturing. Read More

Ukraine, Russia sign deal to reopen grain export ports as war rages on

Posted: 22 Jul 2022 07:40 AM PDT

ISTANBUL/KYIV -- Russia and Ukraine signed a landmark deal on Friday to reopen Ukrainian Black Sea ports for grain exports, raising hopes that an international food crisis aggravated by the Russian invasion can be eased. Read More

No comments:

Post a Comment

guest post needed

Hi I hope you're doing well. I'm reaching out to discuss the possibility of publishing articles on your website. Along with guest ...