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G-20 nearer to a deal on minimum corporate tax rate (SPY +0.5%). Big oil set to return to profit in 2021 and the WEI index improved again. The Market in Perspective Here are the headlines moving the markets. Big Oil Set To Return To Profit In 2021 Vitol, Shell and Exxon are all expected to announce profits in Q1 2021 following a turbulent 2020. The three companies are profiting from increased oil demand and a rise in oil prices, giving analysts hope for a strong year in oil and gas. Shell announced this week that it expects to make its first profit from oil production in the first quarter of 2021 since the beginning of the Covid-19 pandemic. The company s upstream unit, which mainly manages crude exploration and production, has gained from the surge in oil prices over the past ....
Here is the current market situation from CNN Money North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.21%, while the IPC led the S&P 500 lower. They fell 1.14% and 0.06% respectively. What Is Moving the Markets Here are the headlines moving the markets. Oil Slips As COVID Resurgence Threatens Demand Recovery Oil prices dropped early on Thursday, following a record number of new daily COVID cases in major oil consumer India and a jump in U.S. gasoline stocks estimated by the EIA. As of 10:55 a.m. EDT on Thursday, WTI Crude prices were down 0.69 percent at $59.33 and Brent Crude was trading down 0.43 percent on the day at $62.87. Crude oil prices continued to reflect on Thursday a sizeable build in U.S. gasoline inventories reported by the Energy Information Administration (EIA) on Wednesday. The EIA reported a crude oil inventory draw of 3.5 million ....
Lodha Developers files draft papers with SEBI for ₹2,500-cr IPO thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Lodha Group plans to file IPO: Will it be third time lucky? This would be the third attempt by Lodha Developers to launch IPO after two failed attempts in 2009 and 2018 BusinessToday.In | January 6, 2021 | Updated 22:38 IST Lodha Developers plans to file DRHP with Sebi by March 2021 Macrotech Developers (formerly Lodha Developers), known for its prominent luxury offerings such as the Trump Towers in Mumbai and Grosvenor Square in London, is reportedly planning another attempt to launch an initial public offering (IPO). The decision has been taken in the backdrop of recent spurt in residential sales as well as improved investor sentiment and demand. ....