Most of the funding would be in stock rather than debt, according to a blog post
The oilfield services company is offering $1.68 per share in cash for each Trinidad share
By taking Tesla private, CEO and Chairman Elon Musk believes that the company will be able to sharpen its long-term focus without being beholden to stockholders. But privatization will limit the firm’s capital
The federal and Quebec governments will also make financial contributions. PM Trudeau expressed his enthusiasm for the venture
Musk hopes that taking the company private will bolster its aim to revolutionize an automobile industry dominated by fuel-combustion vehicles and shelter it from investors’ focus on the bottom line
The tightly controlled yuan has been allowed to decline by about 8 per cent against the U.S. dollar since early February
The latest snapshot of the economy issued by the U.S. government July 27 showed a 4.1 per cent annual growth rate in the second quarter, the fastest pace in nearly four years. But economists warn it’s unsustainable
Whether the government’s intention to “lower electricity bills” will offer consumer benefits remains an open question
Canada Pension Plan stands to benefit from the transaction to acquire oil and gas assets in Ohio
Survey participants who have changed their behaviour are cutting back on entertainment, putting more into savings and spending less on essential items, such as groceries
