ROME - Italian energy group Eni expects to complete the sale of a minority stake in its biofuel unit Enilive by the end of 2024, Chief Executive Claudio De Scalzi said on Monday.
"The plan is in progress, there are still issues that are being discussed... our goal is to close by the end of this year, have accelerated," De Scalzi said, when asked about the sale at a conference organised by daily Il Giornale in Milan. In April Reuters had reported that the sale, which could fetch around 1.3 billion euros, would be completed by the year-end.Former president Donald Trump recently suggested that he is considering instituting a policy of tariffs that would lead to the elimination of the federal income tax. Check Out: Trump-Era Tax Cuts Are...Canadian investors can consider holding dividend stocks and supplement their CPP and RRSP payouts in retirement.
Here are the biggest analyst moves in the area of artificial intelligence for this week. Microsoft remains “the best way to play AI in our coverage,” Truist Securities analysts said in a note released this week. “We believe that many of the key themes that are driving the business under the hood at Microsoft are indicative of the major currents in both our infrastructure and security coverage,” the firm states.