Eni ‘picks Citi’ to sell Aussie gas assets

Eni ‘picks Citi’ to sell Aussie gas assets

Italian energy group Eni is working with investment bank Citi to sell natural gas assets in Australia that could fetch up to $US1 billion ($A1.6 billion), sources say. The sale, which is expected to be launched next week in a two-round process, could result in Eni all...
Eni ‘picks Citi’ to sell Aussie gas assets

Aussie shares to gain on virus drug hopes

Shares on the Australian market are set for gains after US stocks surged overnight after promising results for a COVID-19 treatment. The Australian SPI 200 futures contract was up 108 points, or 2.01 per cent, at 5,468.0 points at 0700 AEST on Thursday. Big tech...
Eni ‘picks Citi’ to sell Aussie gas assets

Aussie equities set to lift in early trade

A solid close to the week on the US bourse is likely to flow on to Australian stocks when the market opens this week, with early gains of 1.5 per cent expected. The S&P/ASX200 benchmark index finished Friday up 25.5 points, or 0.49 per cent, at 5,242.6 points, but...
Eni ‘picks Citi’ to sell Aussie gas assets

Aussie market remains ‘sensitive’ to virus

The Australian share market could see a gain of 0.9 per cent at the start of trading on Monday, but the continuing volatility of the coronavirus pandemic means the market might not finish up that way. CommSec chief economist Craig James said the United States market...