Bloomberg Oman’s Renaissance Services SAOG, a service provider to the oil and gas industry, is considering an initial public offering for its Topaz Energy & Marine unit, according to people familiar with the matter. Renaissance, which has a market capitalisation of about $379 million, could seek a valuation of about $1.5 billion for the Dubai-based business, the people said. Goldman ...

Bloomberg President Donald Trump called on the rest of the world to isolate Iran and said a US campaign of “economic pressure” would turn back the Islamic Republic’s aggression, in his second address to the United Nations General Assembly. Trump declared in his speech that America, under his leadership, had achieved new economic and military heights. While he ran for ...

Bloomberg The US approved the sale of military equipment to Taiwan, drawing China’s ire as tensions escalate between the world’s two largest economies. Taiwan welcomed the package, estimated by the Pentagon to be worth $330 million, which was proposed by its government last year and includes spare parts for F-16, C-130 and indigenous defense fighter aircraft. It represents the smallest ...