Saudi PIF, Holders to Offer 30% Stake in Ades IPO
Saudi Arabia’s sovereign wealth fund, ADES Investments Holding Ltd. and Zamil Group Investment Ltd. plan to sell shares
2023-08-28 15:29
Stake Sale, IPO Plans in Focus for Ambani’s Annual Speech
When Asia’s richest man Mukesh Ambani addresses shareholders on Monday, investors expect the billionaire to divulge more details
2023-08-28 10:20
Oil Edges Higher as China Stimulus Moves Offset Demand Concern
Oil rose for a third day after China announced measures to boost its stock and property markets, helping
2023-08-28 09:26
South Africa Says Distribution Is ‘Albatross’ of Power System
South Africa’s electricity distribution system is “an albatross” beset by fighting between the national power utility and municipalities
2023-08-27 19:50
Sinopec Profits Shrink as Economic Woes Weigh on Fuel Demand
Sinopec’s first-half profits shrank amid lower oil prices and fuel demand being weighed down by China’s sluggish economic
2023-08-27 16:47
China’s Travel Rebound Risks Super-Charging Jet Fuel Prices
After years of pent-up demand for leisure and business travel due to the ravages of Covid-19, millions of
2023-08-27 08:50
Ukraine Recap: Kyiv Hopeful on Taurus; Russia’s Azov Sea Shift
Ukraine’s defense minister said he’s confident Germany will supply his country with Taurus cruise missiles, a controversial potential
2023-08-26 21:59
Political Dynasty Set to Extend 56-Year Rule in Oil-Rich Gabon
Gabon’s president, Ali Bongo, is expected to win reelection on Saturday, extending the 56-year stranglehold his family has
2023-08-26 14:26
The Sun Sets on Holiday Let Investors as UK Staycation Boom Ends
For the aspirational middle classes, it seemed a no brainer: buy property in one of Britain’s holiday hot-spots
2023-08-26 13:49
Russia’s Fuel Exports Head for 15-Month Low Amid Local Demand
Russia’s refined fuel exports are on course to slump to a 15-month low, amid strong domestic demand for
2023-08-25 17:17
Ukraine Recap: Biden, Zelenskiy Talk a Day After Prigozhin Death
US President Joe Biden and Ukraine’s President Volodymyr Zelenskiy on Thursday discussed the training of Ukrainian fighter pilots,
2023-08-25 15:45
Oil companies sue U.S. over Gulf auction changes meant to protect whale
An oil and gas industry trade group, the state of Louisiana and Chevron on Thursday sued the Biden
2023-08-25 10:46