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Brazil to pay Petrobras $9b in contract settlement

Brazil to pay petrobras $9bn in oil settlement copy

Bloomberg Brazilian oil giant Petrobras will get $9.06 billion to settle a deep-water contract dispute with the government, ending years of negotiations and paving the way for Big Oil to access enormous crude deposits in the area. Energy Minister Bento Albuquerque told reporters that compensation for a 2010 contract review will be paid in one settlement, and the resolution will ...

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Slack value to hit $16bn in pre-listing deals

Slack app im apple app store app icon anzeige auf einem bildschirm vom handy iphone ios smartph

Bloomberg In the next few months, anyone will be able to buy stock in Slack Technologies Inc. In the meantime, wealthy investors are paying big premiums to snap up shares of the workplace software maker on private markets. Investors are buying stock in some cases for more than double the price of Slack’s last fundraising round in August, which valued ...

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Canadian home building rebounds from deep freeze

Canadian home building rebounds from deep freeze copy

Bloomberg Canada housing starts rebounded in March from a sluggish performance a month earlier, returning to levels more in line with demographics and highlighting the buoyancy of the nation’s battered real estate market. Builders started an annualised 192,527 homes in March, the Canada Mortgage and Housing Corp. reported. That’s up from 166,290 a month earlier, when excessively cold weather slowed ...

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