The ports-to-cooking oil conglomerate has lately been raising both equity and debt capital as the promoters look to develop a ‘liquidity cushion’ to help with expansion and loan servicing.
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to
Last month, the US economy added only 29,000 jobs, significantly below the economists’ forecast of 90,000 jobs. The unemployment rate rose to 4.2%, indicating a
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