Business


RCom's zero write-off debt plan: Lenders to get 51% stake in company

Shares of the company opened at Rs 16.60 and touched a high and low of Rs 18.20 and Rs 16.50, respectively, in trade so far. Mumbai/Moscow- Reliance Communications ( RCOM ) on Tuesday said it has completed merger with Sistema Shyam Teleservices (SSTL) telecom business in India, which runs under the brand name MTS.


BP to Restart Share Buybacks as Third-Quarter Production Rises

BP to Restart Share Buybacks as Third-Quarter Production Rises

Underlying replacement cost profit doubled to $1.86 billion. Proceeds expected in the fourth quarter include those from the SECCO transaction ($1.4 billion) and the initial public offering of BP Midstream Partners LP's common units ($0.7 billion).


Unemployment rate unchanged at 27,7% - StatsSA

Unemployment rate unchanged at 27,7% - StatsSA

The South Pacific country's jobless rate came in below the 4.7% forecast by economists surveyed by The Wall Street Journal. "The settlement for 55,000 care and support workers was a key driver for the latest quarter's wage growth", Statistics NZ senior manager Jason Atwell said.


Elon Musk's Latest Venture: Cure LA's Traffic Congestion

Elon Musk's Latest Venture: Cure LA's Traffic Congestion

In his tweet, Musk claimed that the tunnel is already 500 feet long and about one year away from extending from Los Angeles International Airport to U.S. The main aim is to supply cities and regions with these underground tunnel networks so that they can easily transport goods and services and avoid the daily traffic.



Freeport-McMoRan Inc. (NYSE: FCX)

Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. Earnings, with 17 analysts believing the company would generate an Average Estimate of $0.42. If you are reading this article on another site, it was illegally stolen and republished in violation of U.S.



First Solar, Inc. (FSLR)

First Solar, Inc. ( FSLR ) has an Analysts' Mean Recommendation of 2.4. With short interest at 5,745,470 and short average daily volume at 1,301,035, days to cover is 4.0 and the percentage of shorted shares was 0.06% on October 13. has been given an analysts' mean target of 54.38. COPYRIGHT VIOLATION WARNING: This article was posted by Week Herald and is the property of of Week Herald.