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French oil and gas company Total announced the purchase of some assets of the Brazilian group Zema in the retail fuel sector. According to the agreement, the deal, the amount of which is not disclosed, includes the purchase of Zema Petroleo, Zema Diesel and Zema Importacao. For example, Zema Petroleo includes 280 petrol stations for cars and storage of petroleum products and bioethanol in Brazil. Total announced plans for further expansion in the Brazilian retail fuel sector. Its plan involves an 2-fold increase in the number of gas stations in the region over 5 years.
Intel Corp. (INTC.O) announced on Monday that Chief Engineering Officer Murthy Renduchintala would leave the company on August 3. The semiconductor manufacturing company said that it would reorganize its technology, systems architecture, and ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Oil prices steadied on Friday as the market was filled with uncertainty on fuel demand recovery. This came after coronavirus cases continued to surge while major oil producers began to loosen output cuts. U.S. West Texas Intermediate crude ...
The dollar firmed on Thursday as a decline in Chinese retail sales worried investors, while the rest of the market anticipates the EU summit this weekend. The euro was down 0.1% to $1.1401, while the dollar stood at 106.95 on the yen. The ...
Asian share markets advanced on Wednesday as growing hopes about a coronavirus vaccine supported risk appetite. Meanwhile, the euro reached its four-month peak backed by the prospect of stimulus ahead of a crucial EU meeting. MSCI’s ...
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