Business

Shell Sells Gabon Assets to Carlyle

Shell Sells Gabon Assets to Carlyle

The transaction is subject to conditions including various approvals and is expected to close in the middle of this year. The assets produced 41,000 barrels of oil equivalent per day in 2016, with gross production at over 60,000 barrels per day.


Bodies of missing snowshoers recovered near Lake Louise

Bodies of missing snowshoers recovered near Lake Louise

Avalanche conditions in the area remain high, which is preventing search teams from accessing the avalanche site. Highway 93 North remains closed with a moderate confidence of reopening by Sunday afternoon. A helicopter that flew over the area picked up signals from two avalanche transceivers - small electronic devices that send out radio signals when their wears are buried in snow so searchers can home in the spot.


Jose Ramirez, Indians Agree to 4-Year Contract Extension

Jose Ramirez, Indians Agree to 4-Year Contract Extension

As first reported by Jeff Passan at Yahoo! The club options would cover the 2022 and 2023 seasons and are worth $11 million and $13 million, respectively. Ramirez, 24, posted a slash line of.312/.363/.462 with 11 home runs, 76 RBIs and 22 stolen bases last season, which was his fourth in the majors, all in Cleveland.


Government cuts stake in Lloyds Bank to below 3%

Government cuts stake in Lloyds Bank to below 3%

On Wednesday March 08, 2017, Deutsche Bank released a statement about Lloyds Banking Group PLC (LON:LLOY) upped the target price from 68.00GBX to 70.00GBX that suggested an upside of 0.03%. The company has price to cash ratio of 0.19. Shares of Royal Bank of Scotland Group PLC ( NYSE:RBS ) opened at 5.79 on Thursday. Nine investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company.


BC inflation flat in February at 2.3% despite skyrocketing gas prices: StatsCan

BC inflation flat in February at 2.3% despite skyrocketing gas prices: StatsCan

It has been set at 0.5 per cent since July 2015. Overall, food prices in Canada declined 2.3% in February compared with a year earlier. Excluding gas, prices rose 0.6 per cent last month compared to a year ago. Canada's annual inflation hit the central bank's 2.0 percent target in February for the second month in a row, but closely watched core measures remained tame, indicating little pressure for a rate hike.