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The energy giant slashing cash to MYANMAR

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French energy giant Total is cutting cashflow to Myanmar Junta.

As reported by the Australian, announcing their set to withhold tens of millions of dollars in cash dividend payments from a very profitable gas pipeline company….

This pipeline company is part owned by the military controlled Myanmar oil and gas enterprise.

This move is expected to cost the junta about $55million a year.

The reasoning is because of the unstable context in Myanmar, saying they condemns the violence and human rights abuses in Myanmar.

Total is one of several foreign energy companies in Myanmar facing pressure from activists to starve the junta of funds.

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Money

Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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