VW management to continue cost cutting

VW management to continue cost cutting

BERLIN, Dec 18 (Reuters) – Volkswagen’s Chief Executive Oliver Blume pledged continued cost cutting at Europe’s largest carmaker ​on Thursday, as the company seeks to remain ‌competitive amid industry-wide challenges. Speaking at the group’s two-day management meeting in Berlin, ‌Blume identified leadership, focus and finances as three central priorities for the new year, a company … Read more

VUSB Crosses Below Key Moving Average Level

VUSB Crosses Below Key Moving Average Level

In trading on Monday, shares of the Vanguard Ultra-Short Bond ETF (Symbol: VUSB) crossed below their 200 day moving average of $49.05, changing hands as low as $48.95 per share. Vanguard Ultra-Short Bond shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of VUSB shares, versus … Read more

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ADNOC secures $11bn financing for Hail and Ghasha gas project

ADNOC secures bn financing for Hail and Ghasha gas project

ADNOC, along with its partners Eni and PTT Exploration and Production (PTTEP), has signed a structured financing agreement of up to Dh40.4bn ($11bn) for the Hail and Ghasha gas development project. This financing will be used to monetise future midstream gas production from the Hail and Ghasha project, part of the broader Ghasha concession, offshore … Read more

Prudential Financial Announces Significant Changes To Improve Efficiency And Accountability

VUSB Crosses Below Key Moving Average Level

(RTTNews) – Prudential Financial, Inc. (PRU), Thursday announced several significant changes to its senior business leadership structure to enhance operational efficiency as well as improve focus on key growth areas. As a part of this move, leaders responsible for the company’s U.S. businesses, Emerging Markets, the Japan Group and Prudential’s asset management business, PGIM, will … Read more

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