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China's Modern Land says bond default triggers earlier repayment deadlines, pulls dividend

Chinese developer Modern Land (China) said on Monday a default on a bond repayment last week has pulled forward repayment dates for a further $321 million worth of notes, and the company withdrew an interim dividend to hold on to cash. ....

Arundhati Dutta , Sriraj Kalluvila , Thomson Reuters Trust Principles , China Evergrande Group , Modern Land , Thomson Reuters Trust ,

Saudi Aramco's quarterly profit surges on oil price, volumes

Saudi Arabian state oil producer Aramco said on Sunday its third-quarter net profit more than doubled, boosted by higher crude oil prices and volumes sold, beating analysts' forecasts. ....

Saudi Arabia , United Arab Emirates , Saudi Arabian , William Mallard , Hadeel Al Sayegh , Rita Guindy , Frances Kerry , Yousef Husseini , Amin Nasser , Thomson Reuters Trust Principles , Exxon Mobil Corp , Crown Prince Mohammed , Arqaam Securities , Royal Dutch Shell , Saeed Azhar Editing , Thomson Reuters Trust ,

Spain's Caixabank Q3 recurrent profit pro-forma up 33% y/y, NII pressured

Spain's Caixabank on Friday said its third-quarter recurrent profit rose 33% measured against the same period a year ago, due to lower loan loss provisions which offset pressure on lending income. ....

Thomson Reuters Trust Principles , Thomson Reuters Trust , M 28q ,

Lundin Energy to raise dividend by 25% as oil, gas prices surge

Swedish independent oil company Lundin Energy will raise its dividend for 2021 by 25% after its third-quarter operating profit almost tripled from a year ago, driven by surging petroleum prices, the company said on Friday. ....

Nick Walker , Terje Solsvik , Nerijus Adomaitis , Johan Sverdrup , Thomson Reuters Trust Principles , Lundin Energy , Chief Executive Nick Walker , Barents Sea , Thomson Reuters Trust ,

Chevron posts highest profit in eight years on surging oil, gas prices

Chevron Corp on Friday posted its highest quarterly profit in eight years on surging oil and gas prices, higher output and a recovery in motor fuel demand that boosted refining margins. ....

United States , Arathys Nair , Jason Neely , Sabrina Valle , Maju Samuel , Thomson Reuters Trust Principles , Chevron Corp , Thomson Reuters Trust ,