Tuesday , 16 December 2025

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Philippine stocks top the world as foreigners return

Bloomberg Philippine stocks are beating global peers this week after having spent much of the year in the company of the world’s worst-performing equity markets. The turnaround has been spurred by economic reopenings and a drop in the pace of Covid-19 cases, which saw foreign investors turning net buyers of local stocks after 28 days of selling. The Philippine Stock …

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Libya oil output set for 1mn barrels daily as ports reopen

Bloomberg Libya’s crude production will rise above 1 million barrels a day in the next four weeks after the nation reopened the last of its oil ports, according to the state energy firm. The National Oil Corp. (NOC) said it lifted force majeure — a clause in contracts allowing deliveries to be suspended — at the eastern ports of Es Sider, …

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France’s Engie delays decision on buying $7b of US LNG

Bloomberg One of France’s biggest energy companies has delayed a decision on a $7 billion deal to import liquefied natural gas (LNG) from the US after pressure from the government in Paris to seek cleaner supplies of the fuel. Engie SA said it has postponed work on a contract to take LNG from NextDecade Corp’s operation, which is fed by …

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