Prospects improving for Shetland oil pioneer

SHETLAND-focused Hurricane Energy saw its shares rise about 10% from a low base after highlighting the boom it enjoyed following the recent rise in oil prices. Four months after the High Court blocked a debt-for-equity swap scheme that would have left creditors in control of the business, the company’s position …

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65% record return for Washington Uni endowment

American university endowments are recording dazzling returns thanks to the soaring stock markets and their large allocations of venture capital. The University of Washington managed endowment pool is an outstanding performer, returning a whopping 65% net for fiscal year 2020-2021 and nearly doubling its size to $ 15.3 billion. CIO …

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Numerous Alcoa Votes Pave the Way for Smith & Wesson | New

The Alcoa city commission on Tuesday passed several resolutions and ordinances that make room for road works, zoning, financing and other issues related to the Smith & Wesson deal that is expected to allow the gunmaker to fire to move into Partnership Park North. The industrial park is located just …

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NAB closes first Australian derivative linked to ESG

NAB today announced that it has closed its first Australian ESG-linked derivative with a company listed on ASX50. As part of the transaction, the client negotiated an ESG interest rate swap exclusively with NAB. ESG derivatives are specialized products linked to environmental, social and governance (ESG) objectives. They encourage Australian …

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