兩元兩折|料大幅改善「長車短搭」 孫玉菡:每年省5.5億元 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】勞工及福利局局長孫玉菡預計,「兩元兩折」實施後會大幅改善長者「長車短搭」的情況,他們在區內移動不會再選乘過...
兩元兩折|料大幅改善「長車短搭」 孫玉菡:每年省5.5億元 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】勞工及福利局局長孫玉菡預計,「兩元兩折」實施後會大幅改善長者「長車短搭」的情況,他們在區內移動不會再選乘過海巴士,又指措施每年可節省5.5億元開支。 孫玉菡:「其實區內的短程車很多都是10元以內,但一些很長程的跨區過海路線,說的可能是20多元一程,即使是『兩元兩折』,相對於便宜的車可能要多付3元、2元。老人家當然會精打細算,可以通過這個安排,既方便他用2元在區內行動,亦可以令一些『長車』留給需要上班上學人士使用。」
兩蚊兩折|料大幅改善「長車短搭」 孫玉菡:每年省5.5億元 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】勞工及福利局局長孫玉菡預計,「兩元兩折」實施後會大幅改善長者「長車短搭」的情況,他們在區內移動不會再選乘過...
兩蚊兩折|料大幅改善「長車短搭」 孫玉菡:每年省5.5億元 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】勞工及福利局局長孫玉菡預計,「兩元兩折」實施後會大幅改善長者「長車短搭」的情況,他們在區內移動不會再選乘過海巴士,又指措施每年可節省5.5億元開支。 孫玉菡:「其實區內的短程車很多都是10元以內,但一些很長程的跨區過海路線,說的可能是20多元一程,即使是『兩元兩折』,相對於便宜的車可能要多付3元、2元。老人家當然會精打細算,可以通過這個安排,既方便他用2元在區內行動,亦可以令一些『長車』留給需要上班上學人士使用。」
Key Points Chevron has a very diversified business. Occidental is more of a U.S.-focused oil and gas producer. Chevron has greater growth visibility due to its long-term expansion projects. 10 stocks we like better than Chevron › Oil prices have skyrocketed this year. Brent oil, the global benchmark, has surged more than 75% to over $105 a barrel. Meanwhile, WTI, the primary U.S. oil price benchma...
Key Points Chevron has a very diversified business. Occidental is more of a U.S.-focused oil and gas producer. Chevron has greater growth visibility due to its long-term expansion projects. 10 stocks we like better than Chevron › Oil prices have skyrocketed this year. Brent oil, the global benchmark, has surged more than 75% to over $105 a barrel. Meanwhile, WTI, the primary U.S. oil price benchmark, has jumped to nearly $95 a barrel. The rapid rise in oil prices due to the war with Iran likely has you wondering if now's a good time to invest in oil stocks. Here's a head-to-head comparison of Chevron (NYSE: CVX) and Occidental Petroleum (NYSE: OXY). Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Similar, yet very different Chevron and Occidental Petroleum are both global oil and gas producers. Chevron has very balanced operations. It produced 3.7 million barrels of oil equivalent per day (BOE/d) last year, split roughly evenly between its U.S. and international operations. The company grew its output by 12% last year, driven by recently completed expansion projects and its acquisition of Hess. Occidental, meanwhile, produced nearly 1.5 million BOE/d last year, with 84% of its output coming from its U.S. operations. This distinction is noteworthy in the current environment, as Chevron has greater exposure to higher Brent oil. Chevron's larger international operations aren't the only difference between these two energy companies. Chevron is an integrated energy company. Its upstream oil and gas production flows through its midstream transportation assets to its downstream refining and chemicals operations. This integration enables it to maximize the value of its production and helps mute the impact of commodity price volatility. Occidental Petroleum, on the other hand, has gotten much less integrat...
Nico O'Reilly has a tattoo of the Manchester area code etched on his arm and the Englishman will be the pride of the city following his man-of-the-match showing in his side's brilliant Carabao Cup final victory over Arsenal on Sunday. Academy product O'Reilly won the game for City with a pair of second-half headers into the goal in front of his club's ecstatic supporters. For a boyhood City fan to...
Nico O'Reilly has a tattoo of the Manchester area code etched on his arm and the Englishman will be the pride of the city following his man-of-the-match showing in his side's brilliant Carabao Cup final victory over Arsenal on Sunday. Academy product O'Reilly won the game for City with a pair of second-half headers into the goal in front of his club's ecstatic supporters. For a boyhood City fan to score twice at Wembley Stadium, this fairytale story has produced an unforgettable moment for the player, manager Pep Guardiola and supporters alike. O'Reilly was drafted into the City team last season to aid the squad's injury crisis in defence and has grabbed his opportunity - he now gets his hands on major silverware after delivering a performance that he will never forget. "Unbelievable feeling," O'Reilly told Sky Sports. "To win a final, to beat this team ... we know how good they are. We need to build on it, it will give us good momentum. Buzzing with today." Guardiola said of O'Reilly's impact: "He has been so surprising so far even for me, the season he has done so far has been extraordinary."
New Zealand bond yields rose to the highest in about a year after the country’s AA+ credit rating outlook was cut to negative by Fitch Ratings. Yields on benchmark 10-year bonds jumped nine basis points to 4.83%, the highest since April. Yields on policy-sensitive two-year notes had a similar move to 3.69%, the highest since March 2025. The New Zealand dollar slipped 0.3% to 58.16 US cents amid a ...
New Zealand bond yields rose to the highest in about a year after the country’s AA+ credit rating outlook was cut to negative by Fitch Ratings. Yields on benchmark 10-year bonds jumped nine basis points to 4.83%, the highest since April. Yields on policy-sensitive two-year notes had a similar move to 3.69%, the highest since March 2025. The New Zealand dollar slipped 0.3% to 58.16 US cents amid a broadly stronger greenback. Fitch said a substantial debt reduction is becoming more difficult as fiscal consolidation has been delayed the past few years. New Zealand’s debt-to-GDP ratio has also climbed over the past six years after the economy was buffeted by a number of shocks and may hit 56% in fiscal year 2027, Fitch said, well above the the agency’s forecast when it upgraded the country’s rating in 2022. Fitch’s decision adds further pressure to the bonds as yields climbed late last year due to an economy that had been showing signs of improvement prior to the Iran war, prompting traders to anticipate a hawkish pivot by the central bank later in 2026. The spike in crude oil prices has fanned further inflation fears and caused traders to price at least two RBNZ rate hikes this year, according to data compiled by Bloomberg. “Bond markets everywhere are under extreme stress” and the outlook cut may get “lost in the mix,” said David Croy, a rates strategist at ANZ Group Holdings in Wellington. “It is nonetheless a shot across the bow for the government and markets.”
兩元兩折|下周五起實施 市民指加價壓力大需精打細算 長者:邊度著數就去邊 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】長者兩元乘車優惠下周五起改為「兩元兩折」,有長者表示日後更精打細算,亦有人稱不會「長車短搭」...
兩元兩折|下周五起實施 市民指加價壓力大需精打細算 長者:邊度著數就去邊 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】長者兩元乘車優惠下周五起改為「兩元兩折」,有長者表示日後更精打細算,亦有人稱不會「長車短搭」。 長者外出坐長途車未來要給多些車費,60歲或以上長者及合資格殘疾人士車費超過10元將按原價兩折計算,10元以下車費繼續收2元。曾先生:「壓力當然大些,樣樣都加,各樣有加。(之後會精打細算些?)需要坐都要坐。」周先生:「我很少坐車,長洲過來,星期一才過來港島買餸。(長洲船費都會加?)不知道,要加都沒有辦法。現在來灣仔來回8元,船費兩元,車費兩元,是要計算,哪裡著數就去哪裡。」 有長者稱不會長車短搭。黃先生:「我們需要時才乘搭,不需要的地方減少去,不要一個站坐長途車,阻礙其他人不是太好。」吳先生:「政府津貼很多人很多錢,我見過有些乘車40多元都是給兩元。可以的,坐長途車機會不是太多。」 至於每月限搭240程的方案,預計明年4月推行。 長者兩元乘車優惠計劃2012年推出,原本受惠門檻是65歲,2022年擴大至60至64歲。
兩蚊兩折|下周五起實施 市民指加價壓力大需精打細算 長者:邊度著數就去邊 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】長者兩元乘車優惠下周五起改為「兩元兩折」,有長者表示日後更精打細算,亦有人稱不會「長車短搭」...
兩蚊兩折|下周五起實施 市民指加價壓力大需精打細算 長者:邊度著數就去邊 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】長者兩元乘車優惠下周五起改為「兩元兩折」,有長者表示日後更精打細算,亦有人稱不會「長車短搭」。 長者外出坐長途車未來要給多些車費,60歲或以上長者及合資格殘疾人士車費超過10元將按原價兩折計算,10元以下車費繼續收2元。曾先生:「壓力當然大些,樣樣都加,各樣有加。(之後會精打細算些?)需要坐都要坐。」周先生:「我很少坐車,長洲過來,星期一才過來港島買餸。(長洲船費都會加?)不知道,要加都沒有辦法。現在來灣仔來回8元,船費兩元,車費兩元,是要計算,哪裡著數就去哪裡。」 有長者稱不會長車短搭。黃先生:「我們需要時才乘搭,不需要的地方減少去,不要一個站坐長途車,阻礙其他人不是太好。」吳先生:「政府津貼很多人很多錢,我見過有些乘車40多元都是給兩元。可以的,坐長途車機會不是太多。」 至於每月限搭240程的方案,預計明年4月推行。 長者兩元乘車優惠計劃2012年推出,原本受惠門檻是65歲,2022年擴大至60至64歲。
matejmo Investors are preparing for another volatile stretch in financial markets as the U.S. conflict with Iran moves into its fourth week with little indication of de-escalation. Late Saturday, President Donald Trump delivered a 48-hour ultimatum demanding that Tehran reopen the Strait of Hormuz or face potential strikes on its power infrastructure. The deadline is set to expire Monday evening i...
matejmo Investors are preparing for another volatile stretch in financial markets as the U.S. conflict with Iran moves into its fourth week with little indication of de-escalation. Late Saturday, President Donald Trump delivered a 48-hour ultimatum demanding that Tehran reopen the Strait of Hormuz or face potential strikes on its power infrastructure. The deadline is set to expire Monday evening in New York. Iran pushed back, warning that any such attack would trigger a prolonged closure of the key shipping route and retaliatory strikes against U.S. and Israeli energy assets, raising the stakes and increasing the likelihood of further escalation. Trading in U.S. stock futures, Treasuries and oil is set to resume Sunday evening following a bruising week across markets. Equities and bonds declined together, gold posted sharp losses, and Brent crude climbed above $112 per barrel, its highest level in nearly four years. Bitcoin also retreated, slipping below $69,000 as investors reduced exposure to riskier assets. The downturn in U.S. markets gathered pace Friday as traders began to factor in the possibility that the Federal Reserve could return to raising interest rates amid surging oil prices and renewed inflation concerns. Similar expectations are building for central banks in Japan, Europe and the U.K., even as the conflict clouds the global growth outlook. The S&P 500 fell 1.5% on Friday, marking its fourth consecutive weekly decline and its longest losing streak in a year. Meanwhile, the yield on the 10-year Treasury rose 13 basis points to 4.38%, the highest since late July, reflecting global bond selloffs tied to expectations of tighter monetary policy. The dollar strengthened alongside oil prices and was poised to gain against most major peers as trading opened in Asia. “The dramatic escalation in rhetoric appears likely to see a further risk-off move when markets open, as the prospect of long-term disruption to global energy supplies becomes harder to downplay...
"Our Military Is Prepared": Havana Communists See Writing On The Wall After Trump's Iran Bombing In a new note from Zoltan Pozsar's advisory firm, Ex Uno Plures, he explained that the Trump administration is "methodically building a portfolio of assets" to pressure China, centered on strategic energy supply nodes and maritime chokepoints that have historically supported Beijing's cheap crude impor...
"Our Military Is Prepared": Havana Communists See Writing On The Wall After Trump's Iran Bombing In a new note from Zoltan Pozsar's advisory firm, Ex Uno Plures, he explained that the Trump administration is "methodically building a portfolio of assets" to pressure China, centered on strategic energy supply nodes and maritime chokepoints that have historically supported Beijing's cheap crude imports. His note highlights the Panama Canal, Venezuelan oil flows, and the broader significance of Iran and the Strait of Hormuz. Taking it a step further, Cuba could eventually be folded into that same strategic portfolio if the communist regime in Havana falls. The world is being carved up as unipolarity is dead, and a fracturing world gives way to a reality in which everything is up for grabs. Russian President Vladimir Putin understood this during the invasion of Ukraine in 2022. Trump's crusade across the Americas, from securing the Western Hemisphere to influencing political regime shifts in the region from left-wing to right-wing, has been well understood by Havana's communists amid Washington's maximum-pressure campaign to starve the island of crude imports. Havana looked on in disbelief in January when Trump's Delta Force operators captured socialist leader Nicolás Maduro. Now, with the Trump administration rewriting global energy flows, as Pozsar noted, this is all about pressuring China after its rare-earth trade-restriction stunt last year amid the tit-for-tat trade war. The administration wants to add Iran's Kharg Island and the Strait of Hormuz chokepoint to that strategic portfolio. Havana understands its fate, and the communist regime could be in its final weeks or months, as diesel fuel supplies are being depleted and the power blackout crisis spreads island-wide. Except for far-left US nonprofits that arrived on the communist island earlier this weekend, with some flying first class and staying in lavish hotels with diesel-powered backup generators. Why Ameri...
One of the hardest-hit parts of the market this year has been software stocks. There has been a growing fear among investors that artificial intelligence (AI) will completely disrupt the software-as-a-service (SaaS) industry. As such, there has been pretty indiscriminate selling in the space, with few SaaS stocks spared. There are three main tenets to the bear case against software stocks. One is ...
One of the hardest-hit parts of the market this year has been software stocks. There has been a growing fear among investors that artificial intelligence (AI) will completely disrupt the software-as-a-service (SaaS) industry. As such, there has been pretty indiscriminate selling in the space, with few SaaS stocks spared. There are three main tenets to the bear case against software stocks. One is simply that AI will result in fewer workers, which will hurt SaaS company revenue, since most price their subscriptions based on the number of users who have access to their platforms. The second is that with AI, those organizations will be more easily able to develop custom software, bypassing third-party vendors. Finally, some see large language model (LLM) developers like Anthropic and OpenAI looking to use AI to bypass the software layer entirely. In my view, all three sound like long shots. SaaS models will likely evolve over time from being more seat-based to consumption-based, which should address the first issue. Meanwhile, it's never been difficult to create front-end software, but most organizations don't want to be responsible for the maintenance and governance hassles, as it's not worth the cost and risk. Finally, AI likely isn't going to eliminate the software layer but instead increase its importance by helping organizations better apply AI to increase efficiency and drive growth. AI needs structured data, and the software companies that control the data and workflow are of vital importance. While there will be some SaaS casualties, this will not be the companies that created moats built on top of proprietary data and complex workflows. As such, I think ServiceNow (NOW 2.52%) is one of the best stocks to buy following the SaaS sell-off. Expand NYSE : NOW ServiceNow Today's Change ( -2.52 %) $ -2.85 Current Price $ 110.42 Key Data Points Market Cap $115B Day's Range $ 109.14 - $ 112.11 52wk Range $ 98.00 - $ 211.48 Volume 500K Avg Vol 18M Gross Margin 77.53 % A...
Key Points B Group acquired 90,000 shares of Structure Therapeutics in the fourth quarter. The quarter-end position value increased by $6.26 million due to the new holding. The new stake accounted for 4.62% of the fund’s 13F assets, placing it outside the fund’s top five holdings. 10 stocks we like better than Structure Therapeutics › On February 17, 2026, B Group, Inc. disclosed a new position in...
Key Points B Group acquired 90,000 shares of Structure Therapeutics in the fourth quarter. The quarter-end position value increased by $6.26 million due to the new holding. The new stake accounted for 4.62% of the fund’s 13F assets, placing it outside the fund’s top five holdings. 10 stocks we like better than Structure Therapeutics › On February 17, 2026, B Group, Inc. disclosed a new position in Structure Therapeutics (NASDAQ:GPCR), acquiring 90,000 shares in the fourth quarter. What happened B Group disclosed in a Securities and Exchange Commission (SEC) filing dated February 17, 2026, that it initiated a new position in Structure Therapeutics (NASDAQ:GPCR) by purchasing 90,000 shares. The quarter-end value of the stake stood at $6.26 million, reflecting pricing as of December 31, 2025. What else to know This new position made up 4.62% of B Group’s reportable U.S. equity assets as of the December 31, 2025, filing. Top holdings after the filing: NASDAQ:ADMA: $44.83 million (33.2% of AUM) NASDAQ:CLLS: $15.88 million (11.8% of AUM) NASDAQ:PALI: $10.57 million (7.8% of AUM) NASDAQ:TSHA: $9.90 million (7.3% of AUM) NASDAQ:PRAX: $9.80 million (7.3% of AUM) As of Friday, GPCR shares were priced at $48.59, up a staggering 132% over the past year and well outperforming the S&P 500, which is instead up about 15% in the same period. Company overview Metric Value Price (as of Friday) $48.59 Market Capitalization $3.4 billion Net Income (TTM) ($141.2 million) Company snapshot Structure Therapeutics develops oral therapeutics targeting chronic diseases, with lead candidates focused on type-2 diabetes, obesity, pulmonary, and cardiovascular conditions. The firm operates a clinical-stage biopharmaceutical business model, generating value through the advancement of proprietary drug candidates targeting validated G-protein-coupled receptors (GPCRs). It targets healthcare providers and patients with unmet medical needs in chronic disease segments such as diabetes, obesity, and pulm...
Fonterra Cooperative Group , the world’s biggest dairy exporter, lifted full-year guidance while warning that the Middle East conflict poised a risk to supply chains in the second half. Net income in the first half through January was NZ$750 million ($437 million) or 45 New Zealand cents a share, the Auckland-based company said Monday. It raised its full-year earnings forecast to 50 to 65 cents a ...
Fonterra Cooperative Group , the world’s biggest dairy exporter, lifted full-year guidance while warning that the Middle East conflict poised a risk to supply chains in the second half. Net income in the first half through January was NZ$750 million ($437 million) or 45 New Zealand cents a share, the Auckland-based company said Monday. It raised its full-year earnings forecast to 50 to 65 cents a share from 45 to 65 cents. Fonterra said the Iran war is having an impact on its supply chain and has the potential to increase inventory levels and costs over the course of the second half of the year. “The conflict is a complex and dynamic situation that is changing daily, but we are confident that we’re on the right track to get product to customers,” Chief Executive Officer Miles Hurrell said. “Our scale and strong relationships with customers and logistics provider Kotahi will help us to navigate through these challenges better than most.” Fonterra raised its forecast milk payment to farmer shareholders to NZ$9.70 per kilogram of milksolids, from NZ$9.50, citing recent lifts in global prices, but said commodity prices are likely to be volatile in the six months through July. Shareholders will receive a 24 cents a share dividend, topped up with a 16 cent special dividend reflecting the earnings of Mainland, which is the consumer unit Fonterra has sold to Lactalis. Owners will also get a NZ$2 a share capital return from the proceeds of that sale. Fonterra said revenue from continuing operations increased 9% to NZ$12.5 billion, while normalized earnings from continuing operations were 35 cents a share. It said it expects improved sales volumes in the second half but margins may be compressed due to rising input costs.
Katz also said Israeli forces had been ordered to demolish homes in Lebanese villages along the border to neutralise threats to Israeli communities. He said the method would follow the one used in the war against Hamas in Gaza, where the Israeli military destroyed buildings and forced the evacuation of areas to create security zones inside the territory.
Katz also said Israeli forces had been ordered to demolish homes in Lebanese villages along the border to neutralise threats to Israeli communities. He said the method would follow the one used in the war against Hamas in Gaza, where the Israeli military destroyed buildings and forced the evacuation of areas to create security zones inside the territory.
Key Points The average retirement age is 65 for men and 63 for women. Retiring early requires consistent savings throughout your career. You may also need to plan around the 10% early withdrawal penalty. The $23,760 Social Security bonus most retirees completely overlook › Let's be honest: Most of us probably wish we were in a position to retire immediately, or at least early. But that can feel im...
Key Points The average retirement age is 65 for men and 63 for women. Retiring early requires consistent savings throughout your career. You may also need to plan around the 10% early withdrawal penalty. The $23,760 Social Security bonus most retirees completely overlook › Let's be honest: Most of us probably wish we were in a position to retire immediately, or at least early. But that can feel impossible if you're struggling to save for retirement. While it's true that some people will have to wait until their late 60s or beyond to retire, it might be easier to retire early than you expected. Here's a closer look at when people usually quit the workforce and how you can beat the average. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The average retirement age for men and women The typical retirement age has held fairly steady over the last decade. The average man retires at 65, according to 2024 data from the Center for Retirement Research at Boston College, while the average woman retires at 63. So retiring early is technically retiring under these ages. That makes it more common than you might imagine. Many people quit their jobs in their early 60s. But it might not be what you think of when you envision early retirement. Some people think of this as retiring in your 50s or earlier. This does happen, but it's less common, and it often requires careful planning. You have to save a substantial amount during your working years, and you also need a plan for how you'll access your savings freely. You'll usually pay a 10% early withdrawal penalty for taking money out of your retirement accounts before age 59 1/2. There are a few exceptions, though. You can take substantially equal periodic payments (SEPPs) or withdraw only your Roth IRA contributions in those early years. You've paid taxes on this ...
US President Donald Trump shared a video on his Truth Social network on Sunday of a television comedy skit portraying a terrified British Prime Minister Keir Starmer hoping to dodge a phone call with the American leader. The skit, broadcast on the premiere of the new British version of Saturday Night Live – adapted from the long-running US show – shows Starmer, played by George Fouracres, panickin...
US President Donald Trump shared a video on his Truth Social network on Sunday of a television comedy skit portraying a terrified British Prime Minister Keir Starmer hoping to dodge a phone call with the American leader. The skit, broadcast on the premiere of the new British version of Saturday Night Live – adapted from the long-running US show – shows Starmer, played by George Fouracres, panicking inside 10 Downing Street at the prospect of a call with Trump Starmer turns to a fake David Lammy, his deputy prime minister, and says: “What if Donald shouts at me?” Advertisement When Trump picks up the phone, Starmer immediately hangs up, asking why it is so difficult to talk to “that scary, scary, wonderful president”. “Sir, just be honest and tell him we can’t send any more ships to the Strait of Hormuz,” Lammy says – the vital shipping lane effectively blocked by Iran since the US-Israeli attacks that started the conflict. Advertisement “I just want to keep him happy, Lammy. You don’t understand him like I do – I can change him,” Starmer says.
Oil prices have skyrocketed this year. Brent oil, the global benchmark, has surged more than 75% to over $105 a barrel. Meanwhile, WTI, the primary U.S. oil price benchmark, has jumped to nearly $95 a barrel. The rapid rise in oil prices due to the war with Iran likely has you wondering if now's a good time to invest in oil stocks. Here's a head-to-head comparison of Chevron (CVX +0.12%) and Occid...
Oil prices have skyrocketed this year. Brent oil, the global benchmark, has surged more than 75% to over $105 a barrel. Meanwhile, WTI, the primary U.S. oil price benchmark, has jumped to nearly $95 a barrel. The rapid rise in oil prices due to the war with Iran likely has you wondering if now's a good time to invest in oil stocks. Here's a head-to-head comparison of Chevron (CVX +0.12%) and Occidental Petroleum (OXY +2.02%). Similar, yet very different Chevron and Occidental Petroleum are both global oil and gas producers. Chevron has very balanced operations. It produced 3.7 million barrels of oil equivalent per day (BOE/d) last year, split roughly evenly between its U.S. and international operations. The company grew its output by 12% last year, driven by recently completed expansion projects and its acquisition of Hess. Occidental, meanwhile, produced nearly 1.5 million BOE/d last year, with 84% of its output coming from its U.S. operations. This distinction is noteworthy in the current environment, as Chevron has greater exposure to higher Brent oil. Chevron's larger international operations aren't the only difference between these two energy companies. Chevron is an integrated energy company. Its upstream oil and gas production flows through its midstream transportation assets to its downstream refining and chemicals operations. This integration enables it to maximize the value of its production and helps mute the impact of commodity price volatility. Expand NYSE : CVX Chevron Today's Change ( 0.12 %) $ 0.24 Current Price $ 201.68 Key Data Points Market Cap $403B Day's Range $ 201.21 - $ 205.06 52wk Range $ 132.04 - $ 205.08 Volume 592K Avg Vol 12M Gross Margin 14.66 % Dividend Yield 3.43 % Occidental Petroleum, on the other hand, has gotten much less integrated. It sold its chemicals subsidiary, OxyChem, to Berkshire Hathaway earlier this year for $9.7 billion in cash. Berkshire, incidentally, owns shares of both Occidental and Chevron, which are its fourth- ...
Claro Telecom Participações agreed to take a controlling interest in broadband provider Desktop SA in a transaction that values the company at roughly 4 billion reais ($750 million), according to a joint announcement on Sunday. The Brazilian telecom operator, part of Carlos Slim’s América Móvil, plans to purchase about 73% of Desktop’s equity from existing investors, including Makalu Brasil Partne...
Claro Telecom Participações agreed to take a controlling interest in broadband provider Desktop SA in a transaction that values the company at roughly 4 billion reais ($750 million), according to a joint announcement on Sunday. The Brazilian telecom operator, part of Carlos Slim’s América Móvil, plans to purchase about 73% of Desktop’s equity from existing investors, including Makalu Brasil Partners, subject to approval from regulators. After accounting for Desktop’s net debt, Claro will pay approximately 2.4 billion reais for the stake, implying a per-share price of 20.82 reais. The offer represents a premium of about 45% compared with Desktop’s closing price on Friday. The deal will be funded in cash, with the final consideration potentially adjusted at closing. Claro also intends to launch a tender offer to acquire remaining shares from minority investors at a price no lower than the agreed transaction value. Desktop provides high-speed internet services across roughly 200 municipalities in São Paulo state, Brazil’s most populous and economically significant region, and serves about 1.2 million customers. More news and analysis S&P 500: The Technicals Align (Technical Analysis) Allspring Ultra Short-Term Municipal Income Fund Q4 2025 Commentary Wall Street Brunch: Oil And Rates Will Still Dominate Sentiment Markets now see one in three chance of Fed hike by October Top global stories this week: Alibaba, UniCredit, Unilever among notable names