07:27 AM EST, 11/21/2024 (MT Newswires) -- Africa Oil ( AOIFF ) on Thursday said it acquired an additional 7% of Impact Oil and Gas for US$60.4 million. Africa Oil ( AOIFF ) now holds 39.5% of Imperial Oil on a fully diluted basis. With this purchase we have achieved a key strategic objective of materially increasing Africa Oil's (...

07:02 AM EST, 11/21/2024 (MT Newswires) -- HSBC Holdings ( HSBC ) abandoned its plans to build a carbon credits desk after the voluntary carbon market shrank to roughly $1 billion last year, Bloomberg reported Thursday, citing people familiar with the matter. Bankers assigned to the desk were later assigned different roles, the report said. A company insider told MT...

07:29 AM EST, 11/21/2024 (MT Newswires) -- The Canadian province of Quebec will table on Thursday a mid-year FY24/25 fiscal update at a time when finances have been on a gradually deteriorating path, said Bank of Montreal (BMO). The province closed out FY23/24 with a C$6.0 billion deficit versus C$1.6 billion expected in the original budget plan and C$4.2 billion...

* Democrats, ethics expert raise questions about nominee's China business ties * Lutnick's BGC has joint venture with Chinese state-owned firm * Lutnick's Fitzgerald Cantor has helped Chinese firms trade on US exchanges (Updates Nov. 20 story with Huawei ties of top shareholder in BGC's JV partner in paragraphs 7-8) By Alexandra Alper WASHINGTON, Nov 20 (Reuters) - Investment banker...