Athabasca Oil Corporation has closed a new $500 million four-year credit facility, extending its liquidity to approximately $870 million when combined with an expanded $75 million credit facility for its Duvernay Energy subsidiary. This strengthened capital structure supports Athabasca's Thermal Oil growth plan targeting over 60,000 barrels per day by 2030 and an expanded capital program for Duvernay Energy. The company maintains a strong balance sheet with $290 million in cash and a net cash position of $60 million as of March 31, 2026. These financial moves enhance durability, reduce capital costs, and position Athabasca for continued operational scale-up.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Frasers Group PLC has withheld financial guidance for the upcoming year due to uncertainty around its takeover bids for Hugo Boss and Accent Group. The retailer's full-year adjusted profit before tax fell 4% to £538 million, impacted by asset impairm...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
