Author: IA PressRoom

© Reuters. An oil production site run by Civitas Resources is seen near Broomfield, Colorado, U.S, December 2, 2021. REUTERS/Liz Hampton/FILE PHOTO By David French (Reuters) – Civitas Resources Inc is nearing a deal to acquire oil and gas operations in the Permian basin from private equity firm NGP Energy Capital Management LLC for close to $5 billion, including debt, people familiar with the matter said on Monday. The deal would transform Civitas, currently valued at $5.6 billion, expanding its operations beyond Colorado’s Denver-Julesburg (DJ) basin into the lucrative Permian basin in Texas and New Mexico, considered the heart of…

(Reuters) – A tropical wave located several hundred miles southwest of the Cape Verde Islands has a 50% chance of developing into a cyclone in the next 48 hours, the U.S. National Hurricane Center (NHC) said on Monday. “Environmental conditions appear favorable for further development of this system, and a tropical depression could form in a couple of days,” the Miami based forecaster said.

Source: AdobeInternational Monetary Fund Managing Director Kristalina Georgieva said that the agency is “working hard on a concept of global infrastructure” to make sure there is interoperability of settlements between digital currencies that are issued by national central banks, according to Bloomberg News. “We are working on a principle of interoperability,” she said. That concept would involve a shared infrastructure that would avoid the emergence of “settlement blocks,” which is the “last thing we want” to avoid further economic fragmentation, Georgieva said at a conference in Morocco. Georgieva has been managing director of the IMF since 2019 and was previously the CEO…

Dear Quentin, My father died in 2018 and everything passed to my mother per their wills that were made in 2015. My sister, brother and I were next to inherit what’s left, equally. No one’s spouse was mentioned in the will. My mother is still alive, but she is not in the best of health mentally or physically. I currently care for her full-time.  My brother died intestate earlier this year. His wife insists she will automatically get my brother’s share of our parents’ estate. My sister and I say no way. Like I said, our spouses are not mentioned…

The now-resigned chief of staff to District of Columbia Mayor Muriel Bowser sexually harassed a female staffer, according to a report released Saturday by the mayor’s office.The Mayor’s Office of Legal Counsel (MOLC) opened an investigation in March into the Bowser’s then-chief of staff and deputy mayor for planning and economic development, John Falcicchio, after receiving a letter that alleged sexual harassment.As part of the investigation, the office conducted 32 interviews with 21 current and former district employees who were identified as possibly having knowledge related to the allegations.The report, which did not name Falcicchio, concluded that the mayor’s former…

Elon Musk said President Joe Biden’s plan to tax the rich won’t sit well with “a lot of donors.” Musk said a wealth tax could become a burden to lower-to-middle-income earners. The billionaire has spoken out against a billionaire tax in the past. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Elon Musk took a dig at wealthy Democratic donors and President Joe Biden’s plans to tax the rich in a tweet on Saturday.The President tweeted on Saturday that “It’s about time the super-wealthy…

Jeffrey Epstein claimed to have brokered meetings between then senior banker Jes Staley and high-ranking members of the UK government, according to an internal investigation by JPMorgan Chase. A 22-page report by the bank, compiled following the arrest of its former client in 2019 and seen by the Financial Times, details how Epstein offered to connect Staley with UK chancellor at the time Alistair Darling and Peter Mandelson, former business secretary and de facto deputy prime minister. In January 2010, just months after he was released from jail having served a sentence for sex crimes, Epstein wrote to Staley: “I’ve…

© Reuters. FILE PHOTO: A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration By Josh Ye, David Kirton and Chen Lin HONG KONG/SHENZHEN, China (Reuters) – Psst! Where can a Chinese buyer purchase top-end Nvidia (NASDAQ:) AI chips in the wake of U.S. sanctions? Visiting the famed Huaqiangbei electronics area in the southern Chinese city of Shenzhen is a good bet – in particular, the SEG Plaza skyscraper whose first 10 floors are crammed with shops selling everything from camera parts to drones. The chips are not…

© Reuters. A man talks on the phone as office lightning is seen through the windows of a building in downtown Buenos Aires, Argentina August 11, 2017. REUTERS/Marcos Brindicci By Divya Chowdhury MUMBAI (Reuters) – A quarter of workers surveyed by PwC expect to change jobs in the next 12 months, up from 19% last year, as they are increasingly left cash-strapped in a cooling economy while dealing with inflationary pressures. Even as the ‘Great Resignation’ continues, around 42% of the employees surveyed by PwC in its new study of the global workforce said they are planning to demand payrises…

Dynagas LNG Partners LP Q1 2023 Earnings Preview