Latest News for: Bank offshore

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Shell and Norway's Equinor join forces to build biggest North Sea oil and gas producer ...

The Daily Mail 05 Dec 2024
Equinor will retain ownership of the Utgard, Barnacle and Statfjord cross-border assets between Norway and Britain, as well as its offshore wind portfolio including Sheringham Shoal, Dudgeon, Hywind Scotland and Dogger Bank.
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Shell and Equinor combine UK assets to create country’s largest independent oil and gas company

Splash24/7 05 Dec 2024
Equinor will retain ownership of its cross-border assets, Utgard, Barnacle, and Statfjord and offshore wind portfolio including Sheringham Shoal, Dudgeon, Hywind Scotland, and Dogger Bank.
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Shell and Equinor to form UK oil and gas joint venture

Natural Gas World 05 Dec 2024
Equinor will retain ownership of the Utgard, Barnacle and Statfjord cross-border assets between Norway and Britain, as well as its offshore wind portfolio including Sheringham Shoal, Dudgeon, Hywind Scotland and Dogger Bank, it said.
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Standard Chartered aims for £200bn growth in wealth business

The Times/The Sunday Times 04 Dec 2024
Judy Hsu, chief executive of wealth and retail banking, said Standard Chartered wanted to expand its business of wealthy Chinese and Indian clients with offshore and cross-border assets ... , Banking Editor, The Times ... , Banking Editor.
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Qatar to invest over $1.2B in climate technology in UK

Anadolu Agency 04 Dec 2024
Bank to loan €1B for Spain's solar, wind energy projects ... Türkiye has potential for 27 GW of offshore wind by 2050, World Bank says ... UK bank provides €249 million to support Turkish Kalyon Enerji's solar project.
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Casa Ruby receiver files for bankruptcy

Washington Blade 04 Dec 2024
A D.C ... Court of Appeals ... says she allegedly diverted at least $150,000 “in taxpayer-backed emergency COVID relief funds” awarded to Casa Ruby to “private offshore bank accounts for her personal use,” according to a statement released by the U.S ... 10. D.C.
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Fitch says it expects stable earnings for Taiwanese banks next year

Taipei Times 03 Dec 2024
Taiwanese banks would ... Downward pressure on interest margins from rate cuts could strengthen banks’ risk appetite and prompt them to expand offshore lending in pursuit of higher yields, it said.
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CNY/USD: Yuan drops to one-year low as weak growth and US tariff concerns weigh

Invezz 03 Dec 2024
The yuan tumbled to its weakest level since November 2023, with both onshore and offshore trading seeing declines ... Christopher Wong, a strategist at Oversea-Chinese Banking Corp., summarised the market sentiment in a Bloomberg report,.
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Sri Lanka Prepares to Launch Bidding for its First Offshore Wind Farms

The Maritime Executive 02 Dec 2024
The World Bank estimates that Sri Lanka's total offshore wind potential is about 56GW, with the western and southern coasts having the most suitable wind speeds and technical conditions.
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Buck stops where?

The Times of India 30 Nov 2024
... banks, the $12tn secret is that it’s the other way round; money is pulled by large commercial banks through offshore 'Eurodollars’, a parallel capital market that dominates international finance.
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Another above-average hurricane season ends; Outer Banks does not escape unscathed

Island Free Press 30 Nov 2024
Image from Chicamacomico Banks Fire & Rescue ... And as is typical during most seasons, distant offshore hurricanes created overwash and rip current issues at times along the Outer Banks beaches.
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Big Pharma’s “License to Kill”

The Liberty Beacon 29 Nov 2024
According to the Wall Street Journal, Merck partnered with a British bank to create an offshore subsidiary in tax-friendly Bermuda to divert taxable revenue on its bestselling cholesterol drugs Zocor and Mevacor through a patent scheme.
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New US tariffs could push Chinese yuan to decades-low levels: analysts explain why

Invezz 28 Nov 2024
Global investment banks project the offshore yuan to weaken to an average of 7.51 per dollar by the end of 2025, CNBC reported citing an analysis of 13 institutional forecasts ... China’s central bank, the People’s Bank of China (PBOC), faces a dilemma.
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China's yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast

CNBC 28 Nov 2024
Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of 2025, the weakest level on record ... .

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