Enel Generacion Chile said on Friday that it reached an agreement with Shell to carry out contractual modifications that would have a pre-tax financial positive impact of about $500 million. In a note to local markets regulator, Enel Generacion Chile said the changes are still pending some corporate authorizations that are expected in December. "It is estimated that the operation will have a positive impact on the pre-tax result of Enel Generacion Chile of approximately USD 500 million," the note added.
Members of Aslef with 11 train operators will walk out on Saturday.
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I think top UK shares listed on the FTSE 100 still look good value despite the recent recovery and I would buy a couple of them today. The post UK shares still look cheap despite the stock market rally. I’d buy these 2 now appeared first on The Motley Fool UK.
Known for its excellent public school system, high salaries and generous pensions, the Canadian province of Ontario is a good place to be a teacher.
Our writer explores whether time is running low to buy cheap shares as analysts predict the FTSE 100 could surge to 8,507 in January. The post FTSE 100 to surge above 8,500! Is time running out to buy cheap shares? appeared first on The Motley Fool UK.
Transport Secretary Mark Harper said there ‘simply isn’t the money’.
Alok Sharma, who was the president of the Cop26 climate summit, joined Liz Truss and Boris Johnson in backing rival legislation.
Macau said Saturday it has renewed the licences of its six major casino operators, with the city aiming for terms that would help diversify its economy away from gambling.
The EU is complicating post-Brexit trade with its tough approach towards border controls, according to the boss of one of the world’s biggest ferry operators.
BERLIN/BRUSSELS (Reuters) -Luxembourg's former finance minister Pierre Gramegna will take over the euro zone's bailout fund, the European Stability Mechanism (ESM), from December, succeeding Germany's Klaus Regling who retired last month. "The ESM Board of Governors just appointed Pierre Gramegna by broad consensus to become the new ESM Managing Director as of 1 December," the chairman of euro zone finance ministers Paschal Donohoe said in a Tweet.
There is nothing like a recession to weed out weak companies.
The European Central Bank's top economic thinkers are sparring over the outlook for inflation and rates, leaving investors scratching their heads over the ECB's next policy moves. Philip Lane and Isabel Schnabel, who lead the economic debate on the ECB's board, gave contrasting views this week on whether the euro zone central bank should scale down its interest rate increases and even on how to measure inflation. Lane, the ECB's chief economist, whose view is that record price growth will start to subside next year, said many arguments for another 75-basis-point rate hike were "no longer there".
Sir Jim Ratcliffe is likely to offer as little as £3bn to buy Manchester United, according to the former UK boss of Goldman Sachs.
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The EU did wonders for the economy: that was why we joined. Our departure from it is now all too obviously costing us that prosperity
Nearly 90,000 first-time homeowners who bought properties in 2020 and 2021 could effectively be barred from remortgaging because they have fallen into negative equity, new analysis has suggested.
Thousands of families are having to sell their homes and raid inheritances because the NHS has wrongly denied seriously ill relatives free care.
The US hedge fund Elliott Advisors is poised to bankroll a £70m rescue of Superdry after the clothing retailer raised fears over its ability to continue trading amid the cost of living crisis.