California Resources Appoints Manuela Molina As New CFO

RTTNews | 929 days ago
California Resources Appoints Manuela Molina As New CFO

(RTTNews) - California Resources Corp. (CRC), an energy and carbon management company, announced Monday that Manuela Molina has been appointed as Executive Vice President and Chief Financial Officer, effective May 8, 2023. Molina succeeds Francisco Leon, who was named President and Chief Executive Officer and a member of the Company's Board of Directors as of April 28, 2023.

Molina is a seasoned energy executive with more than 25 years of corporate finance, capital markets and project financing experience and brings an extensive background in the development of energy infrastructure projects in the natural gas and power sectors.

Molina joins the company from Sempra Energy, where she held various senior finance leadership roles, including most recently as Vice President of Audit Services and Vice President of Investor Relations.

Earlier in her tenure at Sempra Energy, she served as Chief Financial Officer of Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova), a Mexican subsidiary of Sempra Energy. She served in leadership roles with Kinder Morgan and the former El Paso Corp. in Mexico.

read more
Swiss Market Ends On Weak Note

Swiss Market Ends On Weak Note

Save for a brief while around mid morning when it edged slightly above the flat line, Switzerland's benchmark index SMI remained in negative territory on Friday amid concerns about high tech valuation and fading hopes of an interest rate cut by the Federal Reserve next month.
RTTNews | 1 day ago
Bay Street Likely To Open On Weak Note

Bay Street Likely To Open On Weak Note

Lower Canadian and U.S. futures and weak metal prices point to a negative open for stocks on Bay Street Friday morning. Energy stocks may find some support thanks to higher crude oil prices and help limit the downside.
RTTNews | 1 day ago
FTSE 100 Down Sharply As Bond Yields Climb Higher

FTSE 100 Down Sharply As Bond Yields Climb Higher

UK stocks are falling on Friday with bond yields rising amid speculation Chancellor Rachel Reeves may backtrack on budget plans. The possibility of the Bank of England refraining from cutting interest rates due to fiscal concerns has raised concerns about fiscal and economic outlook.
RTTNews | 1 day ago
CAC 40 Sheds About 1.3% On Economic Concerns

CAC 40 Sheds About 1.3% On Economic Concerns

French stocks are showing weakness on Friday, retreating from record highs hit in the previous session, as concerns about high tech valuations outweighed the positive news about the end of the longest government shutdown in United States history.
RTTNews | 1 day ago