08:21 AM EDT, 04/12/2024 (MT Newswires) -- New Zealand Energy Corp. ( NZERF ) , which gained 5.5% yesterday, has increased the size of its non-brokered private placement offering from $4.5 million to $5 million, subject to TSXV approval. Charlestown Energy Partners, LLC intends to subscribe for 2 million shares. Charlestown Energy is a private investment vehicle associated with a...

08:15 AM EDT, 04/12/2024 (MT Newswires) -- KKR (KKR) plans to appoint Luigi Ferraris as chief executive officer of the 19 billion euro ($20.24 billion) landline network business that it is buying from Telecom Italia, Bloomberg News reported Friday, citing people familiar with the matter. Ferraris, head of state-controlled rail company Ferrovie dello Stato, could be appointed as soon as...

08:21 AM EDT, 04/12/2024 (MT Newswires) -- Citigroup ( C ) reported Q1 earnings Friday of $1.58 per diluted share, down from $2.19 a year earlier. Analysts polled by Capital IQ expected $1.17. Revenue for the quarter ended March 31 was $21.10 billion, down from $21.45 billion a year earlier. Analysts surveyed by Capital IQ expected $20.40 billion. Price: 61.41,...

(Reuters) -Citigroup's ( C/PN ) profit fell in the first quarter as it spent more on severance payments for laid-off employees and set aside money to refill a government deposit insurance fund. Net income fell to $3.4 billion, or $1.58 per share, in the three months ended March 31, the bank said on Friday. That compares with $4.6 billion, or...