BLOOMBERG A Brookfield Asset Management Inc-led consortium agreed terms on a A$18.7 billion ($10.2 billion) deal, including debt, to acquire Australian utility Origin Energy Ltd after months of delays. The consortium, which includes EIG Global Energy Partners, increased the value of its proposal following further talks in recent weeks and the pact will value Origin’s shares at A$8.912 each, the ...

BLOOMBERG France’s oil-processing industry is running at a fraction of normal capacity as worker strikes enter their fourth week. Four of the nation’s six refineries are barely operating after Exxon Mobil Corp started taking the larger of its two French facilities out of service at the weekend because it can’t get crude into the site. The country’s labour action is ...

ABU DHABI / GULF TIME Under the patronage of Sheikha Fatima bint Mubarak, the General Women’s Union and Maqta Gateway, part of AD Ports Group, celebrated the graduation of the fourth cohort of the ATLG Programme. Created to promote the presence of women in technical fields related to strategic trade and logistics projects, the ATLG Programme empowers Emirati women to ...