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Chevron to buy Anadarko Petroleum for $33 billion

Chevron Corp. agreed to buy Anadarko Petroleum Corp. in a US$33 billion bet on shale oil and liquefied natural gas that’s the industry’s biggest deal since 2015.Chevron will acquire all outstanding shares in Anadarko for US$65 each, paying with a mixture of cash and its own stock. That’s a premium of 39 per cent to…



Via https://newsapi.org  online business  online marketing  online business opportunities PayPal is investing $750 million in MercadoLibre

Via https://newsapi.org online business online marketing online business opportunities PayPal is investing $750 million in MercadoLibre

(Bloomberg)—Latin American online marketplace MercadoLibre Inc. is out to raise a lot of money. The company said Wednesday it has raised $1.85 billion through a public share offering and direct investments from companies including PayPal Holdings Inc. Shares were priced at $480 each. The transaction is the second capital raise in a year, after it…


‘No brainer’: Build shelter from recession risks with gold miners

‘No brainer’: Build shelter from recession risks with gold miners

There’s a better potential haven than gold for investors spooked by the risk of a recession this year: mid-size producers who’ve outperformed both bullion and the rest of the mining industry.Companies including Canada’s Kirkland Lake Gold Ltd. and Australia’s Northern Star Resources Ltd. have scope to extend gains and should be in focus for investors…


Enjoy it while you can Cannabis Canada, your edge is already eroding

Enjoy it while you can Cannabis Canada, your edge is already eroding

Green Growth Brands Ltd., a U.S.-based cannabis retailer with a large footprint in Nevada, was all geared up to enter the Ontario market until an unexpected announcement in mid-December by the province placed a drastic cap on the number of retail licences issued for pot shops.Citing supply concerns, the provincial government changed its rules from…