Ibiza / DPA Victor Jordan is lacking a certain enthusiasm when he talks about his island. “When it comes down to it, it’s like any other rural property, only surrounded by water,” he says. Alegranza sits in the Chinijo archipelago, a nature reserve in the Canary Islands. In Spain, a few dozen families own islands. Most are not multimillionaires …

  RIYADH / Reuters Saudi Arabia is considering two options for the shape of Saudi Aramco when it sells shares in the national oil giant next year: a global industrial conglomerate, and a specialised international oil company, industry and banking sources said. The listing of Aramco <IPO-ARMO.SE>, expected to be the world’s biggest initial public offer and raise tens of …

    Bloomberg Add Corsa Coal Corp. to the short list of US coal producers doing something that’s become a bit of a rarity these days: opening mines. The Canonsburg, Pennsylvania-based company will start a new operation in Pennsylvania as early as May. It joins Ramaco Resources Inc., which began producing at its first mine in West Virginia in December …