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Iceland airport to spend $1 billion to boost capacity

Bloomberg A tourist boom has caused traffic at Iceland’s Keflavik airport to grow more than five-fold over the past nine years, with a predicted 10 million passengers this year. Now Iceland’s main entry point to the world is preparing to accommodate twice as many. The airport expects to invest about $1 billion over the next 7 to 8 years to ...

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US solar sector has a $1.5 billion, long-shot plan to end a trade war

Bloomberg While President Donald Trump prepares to announce his decision on new solar panel import tariffs, the US industry is quietly trying to broker a sweeping deal to settle a different trade dispute with China involving an estimated $1.5 billion held by Washington. Since 2012, the US has been collecting duties on panels imported from China. American solar companies are ...

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Aramco CEO says ready for IPO in second half of year

Bloomberg Saudi Arabian Oil Co. is ready for its initial public offering in the second half, with the government yet to decide where to list the shares, Chief Executive Officer Amin Nasser said. The kingdom will decide where the stock will be traded, not the company, Nasser said at Aramco headquarters in Dhahran, in eastern Saudi Arabia. One option being ...

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