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ST. PETERBURG / WAM Gazprom Neft, Mubadala Petroleum and the Russian Direct Investment Fund (RDIF), …
Read More »Mubadala completes oil field deal in Russia
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Borouge’s polypropylene capacity to increase by 25%
ABU DHABI / WAM Borouge on Wednesday signed with Marie Tecnimont Group, the Engineering, Procurement …
Read More »US tech shares tumble; emerging currencies dip
Bloomberg US stocks fell, with FANG shares tumbling as executives of the tech heavyweights face …
Read More »Ether tumbles in crypto selloff
Bloomberg A fresh sign that the financial industry’s love affair with cryptocurrencies is cooling pummeled …
Read More »Oil hunt returns as majors seek to unlock vast reserves in Africa
Bloomberg Africa is entering the oil-hunt spotlight as drillers, flush with cash after crude’s recovery, …
Read More »Rupiah’s slump puts $25bn power projects on hold
Bloomberg Indonesia plans to delay $25 billion worth of power projects as it seeks to …
Read More »Transocean may reactivate 3 rigs a year
Bloomberg The world’s biggest offshore oil driller may reactivate two to three mothballed rigs a …
Read More »Record earnings at Canadian banks no match for US tax cuts
Bloomberg Canadian banks are scoring back-to-back record earnings, beating big US lenders on profitability, productivity …
Read More »Rupee woes to deepen as India braces for external headwinds
Bloomberg India’s rupee owes its tag of Asia’s worst-performing currency this year to the selloff …
Read More »Carney’s future at BOE gets lawmakers’ mixed reactions
Bloomberg The prospect of Bank of England (BOE) governor Mark Carney extending his term of …
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