Brazil Oil Juniors Battle for 3R as Enauta Proposes Merger

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Brazilian oil junior companies compete for the 3R oilfield as Enauta proposes a merger. Other news includes infrastructure investments, face mask unit sale, new CIO appointment, lowered economic growth forecast, high oil prices, bird flu concerns, Tesla sales drop, rising European stocks, work dissatisfaction, RRSP contributions, food waste, home equity for retirement income, and the impact of emojis on tipping.

Brazilian oil junior companies are competing for the 3R oilfield as Enauta proposes a merger. Votorantim, a Brazilian conglomerate, is looking to invest in infrastructure for new deals. Honeywell is considering selling its face mask unit due to declining demand post-pandemic. Calpers, the California Public Employees' Retirement System, has hired Stephen Gilmore as its next CIO. The UAE has lowered its economic growth forecast due to OPEC+ oil output caps.

Oil prices are near a five-month high due to risks in the Middle East and supply cuts in Mexico. The spread of bird flu in cattle herds is causing concerns about demand. Tesla's sales have fallen short of estimates, marking its first drop since 2020. European stocks have risen after the holiday, with miners and energy leading the way. A survey finds that nearly half of Canadians feel 'stuck at work'. It's time to start contributing to your RRSP instead of leaving it parked. Food waste is becoming less acceptable as grocery prices rise and budgets tighten. Financial commentator Dale Jackson suggests tapping into home equity for retirement income. Using emojis in service transactions can increase tipping by up to 30%

 

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