Spain

The following bids, mergers, acquisitions and disposals were reported by 1945 GMT on Friday: ** Spanish energy Iberdrola has actually accepted acquire the staying 18.4% stake in Avangrid that it does not currently own, the U.S. subsidiary stated, in an all-cash offer worth about $2.6 billion. ** United States fund Apollo has withdrawn its deal to buy Applus, it said in a filing to Spain's stock market regulator CNMV, ending a months-long bidding war for the Spanish industrial testing company. ** Washington Federal Bank agreed to sell a portfolio of commercial multi-family property loans to Bank of America for about...

The following bids, mergers, acquisitions and disposals were reported by 1945 GMT on Thursday: ** Waste management firm WM is exploring a sale of its sustainable natural gas service that could be worth about $3. billion, according to people acquainted with the matter. ** Apollo-backed Concord ended its proposed $1.51. billion deal for Hipgnosis Songs Fund, according to. Alchemy Copyrights, which indirectly controls Concord. ** Anglo American has been searching for partners for. its fertiliser task in North Yorkshire for around six months,. CEO Duncan Wanblad told , restating business will. be one of three pillars of the revamped miner,...

The following quotes, mergers, acquisitions and disposals were reported by 19:45 GMT on Tuesday: ** Shares of Paramount Global fell more than 7%. after CNBC reported, mentioning sources, that Sony Pictures. is reconsidering its bid for the U.S. media business. ** Activist financier Jana Partners developed a brand-new stake in. U.S. diagnostics business QuidelOrtho during the first. quarter, sources acquainted with the hedge fund's position informed. . ** Anglo American laid out strategies to refocus on. energy shift metal copper while spinning out or offering its. less profitable coal, nickel, diamond and platinum businesses,. as it transfers to fend off...

Oil and gas manufacturers Santos and Repsol are exploring a sale of a minority stake in oilfields in Alaska they collectively own and establish in an offer that could be worth about $1 billion, according to people familiar with the matter. The oilfields include the Pikka project, which is among the largest oil potential customers in Alaska and has actually been valued at about $ 4.5 billion by consultancy company Rystad Energy. The business are dealing with an investment bank to collectively sell minority stakes in Pikka, together with partial interests in the Horseshoe and Quokka fields that lie in...

Spain's Repsol is dealing with an offer to offer a minority stake in a renewable portfolio in the United States as it aims to broaden its footprint in a nation it views as a key market. The move remains in line with the energy firm's strategy to fund its diversity into renewables from its traditional oil and gas core company by offering minority stakes in renewable jobs. We are working on closing our very first renewable possession rotation in this country, Chief Executive Josu Jon Imaz told analysts in a contact Thursday to present the first-quarter results. He did not...

The trading arm for Abu Dhabi National Oil Co (ADNOC) has purchased numerous Juneloading cargoes of Abu Dhabi's Upper Zakum crude in the area market, tightening up Middle East supply, trade sources said on Wednesday. ADNOC Trading has purchased least four cargoes of the medium-high sulphur crude from Exxon Mobil Corp, Omani trading company OQ, Repsol and Aramco Trading at premiums of about $2.20-$ 2.30 a barrel to Dubai quotes, they stated, almost $ 1 a barrel greater than the previous month. ADNOC stated it does not talk about such concerns. The other oil companies typically do not comment on...

A possible reimposition of U.S. oil sanctions on Venezuela next month would stagnate the OPEC-member country's crude output, eliminating the small gains it has actually achieved in recent years, experts stated on Tuesday. Washington said in January it will enable the expiration of a. temporary license it granted last year to Venezuela as part of. negotiations for a fair governmental election if the government. does not allow a globally observed election with. participation of a candidate picked by the opposition. The U.S., which initially enforced oil sanctions on Venezuela in. 2019, in October gave the license that has actually permitted...

Russian exports of liquefied gas (LNG) increased 4.3% in the very first quarter to 8.7 million metric heaps from a year earlier, with an increase in supply to the European Union and less going to Asia, Kommersant daily reported on Monday mentioning Kpler information. Russia has been cranking up supply of sea-borne very cooled LNG to make up for a fall in pipeline gas exports to Europe, which has drastically reduced its energy reliance on Moscow following the start of the conflict in Ukraine in February 2022. Russian LNG, unlike oil, has not been under Western sanctions. According to Kommersant,...

The following quotes, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** The Spanish government has actually acquired a 3% stake in telecoms group Telefonica through the state holding business SEPI, SEPI stated after it reported the acquisition to the stock market regulator. ** EU antitrust regulators cautioned that Lufthansa's. objective to buy a minority stake in ITA Airways could hurt. competition and rise prices, triggering Italy and the German. airline to come up with remedies in the coming weeks. ** AbbVie will purchase drug designer Landos. Biopharma for up to $212 million as the Humira-maker. goals...

Norway holds its first auction on Monday for the right to build an industrial overseas wind farm, providing to 1.5 gigawatt (GW) of capability, although interest has receded amid high project costs and there is still a threat of no bids being made. I wish for a great auction with several strong gamers who wish to develop overseas wind at Soerlige Nordsjoe II, Astrid Bergmaal, state secretary at Norway's energy ministry, told . Soerlige Nordsjoe II is close to Norway's North Sea border with Denmark and some 200 kilometres (124 miles) from Norwegian shores. It is part of the federal...

European stocks made a downbeat begin to the second quarter, pressed by health care shares, while investors parsed inflation data from the continent's. biggest economy Germany for hints on the timing of European. Central Bank rate of interest cuts. The continent-wide STOXX 600 closed 0.8% lower on. Tuesday, slipping to a one-week low after hitting an all-time. intraday high, with financiers returning after an extended. weekend and the Easter vacation. Speculation about imminent rates of interest cuts has persuaded. investors to purchase into risky properties in current weeks, even as the. benchmark index trades close to tape highs after notching...

The following Spanish stocks may be impacted by paper reports and other aspects on Friday. has actually not verified the newspaper reports, and can not vouch for their accuracy: FERROVIAL The business said on Thursday it had executed a buy-back program for up to 500 million euros ($ 535.50 million). MELIA Banco Santander, through an investment lorry, took 38.2% in the share capital of Melia's unit Adprotel Hair, the hotel chain stated on Thursday. Individually, Melia will run, under its brand Melia Collection, a hotel in Spain's southern city of Ronda after an financial investment of five million euros ($...

Malaysian palm oil futures rose on Thursday due to weakness in the Malaysian ringgit and expectations of improved demand as the tropical oil began trading at a discount to competing soft oils. The benchmark palm oil contract for August shipment on the Bursa Malaysia Derivatives Exchange closed up 24 ringgit, or 0.62%, at 3,892 ringgit ($ 827.73) a metric lot. The drop in the Malaysian ringgit and an increase U.S. soyoil futures supplied support to the market, said a Mumbai-based trader. The Malaysian ringgit, palm's currency of trade, weakened 0.26% against the dollar. A weaker ringgit makes palm oil more...

Malaysian palm oil futures opened higher on Thursday due to weakness in the Malaysian ringgit and expectations of better need as the tropical oil began trading at a discount to rival soft oils. The benchmark palm oil agreement for August delivery on the Bursa Malaysia Derivatives Exchange was up 29 ringgit, or 0.75%, at 3,897 ringgit ($ 826.51) a metric heap during the morning trade. BASICS * The Malaysian ringgit, palm's currency of trade, weakened 0.53% against the dollar. A weaker ringgit makes palm oil more attractive for foreign currency holders. * Malaysian palm oil exports for May 1-20 fell...

Malaysian palm oil futures opened higher on Friday, and were poised for a weekly gain, as traders tracked strength in competing oils at the Dalian market. The benchmark palm oil agreement for August shipment on the Bursa Malaysia Derivatives Exchange was up 43 ringgit, or 1.13%, at 3,847 ringgit ($ 821.48) a metric heap. The contract has gotten 0.71% up until now today. BASICS * Dalian's most-active soyoil contract rose 0.54%,. while its palm oil contract got 0.37%. Soyoil costs. on the Chicago Board of Trade were trading flat. * Palm oil is impacted by price movements in associated oils...

Malaysian palm oil futures shed early gains to trade lower on Thursday, as traders braced for Malaysia's export and production information due later on this week. The benchmark palm oil contract for August shipment on the Bursa Malaysia Derivatives Exchange dropped 35 ringgit, or 0.91%, at 3,820 ringgit ($ 816.24) a metric heap by the midday break. The futures is trading on the back of moderate rival oils efficiency while careful about impending boost in production and lower export in the coming days, a Kuala Lumpur-based trader stated. Dalian's most-active soyoil agreement rose 1.38%,. while its palm oil agreement gained...

Malaysian palm oil futures opened higher on Thursday, tracking strength in rival oils, while the market braced for Malaysia's export data for the first half of May. The benchmark palm oil contract for August shipment on the Bursa Malaysia Derivatives Exchange was up 11 ringgit, or 0.29%, at 3,866 ringgit ($ 825.36) a metric lot during the early morning trade. FUNDAMENTALS * Dalian's most-active soyoil contract rose 1.66%,. while its palm oil agreement gained 1.43%. Soyoil rates. on the Chicago Board of Trade increased 0.28%. * Palm oil is impacted by cost motions in associated oils as. they contend for...

Spanish oil business Repsol remains in negotiations to offer a stake in its renewable energy system, a relocate to help fund its strategic plan through 2027, according to 4 sources with understanding of the talks. The company has received an unsolicited method by an financier and has actually lined up Santander as advisor for the sale, the sources stated. Repsol would keep more than 50% of the system in a transaction that might involve the financier injecting brand-new money into the business, the sources said. was unable to establish the identity of the financier. Repsol and Santander decreased to comment....

Malaysian palm oil futures closed down on Tuesday, snapping previous session gains, as the market is awaiting Malaysia's palm oil export and production efficiency for additional cues. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange dropped 54 ringgit, or 1.40%, to 3,814 ringgit ($ 808.56) a metric load on the closing. The futures were seen trading slightly higher on the back of a bullish momentum rival oils futures in Asian hours. The market is now focussed on May 1-15 palm oil export and production performance, stated Anilkumar Bagani, product research study head at Mumbai-based...

Malaysian palm oil futures reversed gains on Tuesday as the marketplace is awaiting Malaysia's. palm oil export and production efficiency for further hints. The benchmark palm oil contract for July delivery. on the Bursa Malaysia Derivatives Exchange was up 5 ringgit, or. 0.13%, to 3,873 ringgit ($ 819.51) a metric heap throughout the midday. break. The futures were seen trading a little greater on the back. of a bullish momentum rival oils futures in Asian hours. The. market is now focussed on May 1-15 palm oil export and. production efficiency, stated Anilkumar Bagani, commodity. research head at Mumbai-based Sunvin Group....

Malaysian palm oil futures increased on Tuesday for a second session, tracking continual gains in rivals soyoil and petroleum. The benchmark palm oil contract for July shipment on the Bursa Malaysia Derivatives Exchange increased 54 ringgit, or 1.4% to 3,916 ringgit ($ 826.33) a metric load since 0231 GMT. It got 0.93% throughout overnight trade. BASICS * Dalian's most-active soyoil contract rose 1.35%,. while its palm oil agreement climbed up 1.76%. Soyoil. rates on the Chicago Board of Trade increased 0.05%. after settling 1.76% greater on Monday. * Soybean skyrocketed to multi-month highs on Monday on concerns. about possibly crop-damaging...

Malaysian palm oil futures were little change on Friday but logged a 4th consecutive week of losses, as declining exports and lower soybean oil costs weighed. The benchmark palm oil agreement for July delivery on the Bursa Malaysia Derivatives Exchange closed down 4 ringgit, or 0.10%, to 3,842 ringgit ($ 810.89) per metric ton. The agreement lost 1.39% today. Although production in Malaysia has actually started improving, palm oil exports on the planet's second-biggest producer were falling, a Mumbai-based trader with a worldwide trade home said. April exports were down ... this is weighing on sentiment. The price drop in...

Malaysian palm oil futures fell on Friday, heading for a fourth successive week of losses, as declining exports and lower soybean oil costs weighed. The benchmark palm oil agreement for July delivery on the Bursa Malaysia Derivatives Exchange moved 17 ringgit, or 0.44%, to 3,829 ringgit ($ 808.66) per metric load by the midday break. The agreement has so far lost 1.72% today. Although production in Malaysia has started enhancing, palm oil exports on the planet's second-biggest producer were falling, a Mumbai-based trader with a global trade house stated. April exports were down ... this is weighing on belief. The...

Malaysian palm oil futures gave up early gains on Friday, setting them on course for a 2nd successive weekly decrease, as traders weighed issues over intensifying stress in the Middle East and slowing palm oil demand. The benchmark palm oil agreement for July shipment on the Bursa Malaysia Derivatives Exchange was unchanged by the midday break. It had actually risen as much as 1.4% throughout early trade. For the week, the contract is poised for a near 7% weekly decrease. The marketplace is keeping track of reports about Israeli rockets attacking a website in Iran, in the current tit-for-tat exchange...