Oil prices fell on Thursday as investors assessed the risk of supply disruptions following attacks on ships in the Strait of Hormuz and considered the outlook for global crude supplies outlined in
Apollo Global Management Inc. and Silver Point Capital have led a roughly $900 million direct loan to Vantage Specialty Chemicals, replacing the company’s existing bank-arranged financing, according to sources familiar with the
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Bank of America Corp. is preparing a shake-up of its senior leadership as it looks to narrow the pool of potential successors to Chief Executive Officer Brian Moynihan, Bloomberg reported, citing people
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Tesla Inc.’s chair, Robyn Denholm, strongly endorsed Elon Musk as the only leader capable of guiding the company’s next phase into artificial intelligence and robotics, while acknowledging that he may not continue
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A new global analysis has revealed which airports and airlines are the worst offenders for flight delays and cancellations, affecting millions of passengers worldwide. The study, conducted by Radical Storage using data
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OpenAI and Nvidia Corp. are set to announce a major commitment to invest billions of dollars in UK data center infrastructure during their upcoming visit to the country, Bloomberg reported. The pledges
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At the core of one of the mining sector’s most ambitious deals is a plan to revive Teck Resources Ltd.’s troubled copper operation in Chile’s Atacama Desert and merge it with Anglo
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The United States and India are reportedly close to resolving their differences over a new trade agreement, though significant tensions remain over New Delhi’s continued purchase of Russian oil, according to Sergio
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China is set to more than double its energy storage capacity over the next two years as part of its broader strategy to accelerate renewable energy development. The country plans to expand
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Tata Capital Ltd., the financial services arm of the Tata Group, is preparing for an initial public offering (IPO) in the first half of October, Bloomberg reported, after requesting a short extension
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Alibaba Group Holding Ltd. is seeking to raise $3.17 billion through an offering of zero-coupon convertible notes, Bloomberg reported, marking the largest deal of the year. The notes, due in 2032, will
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Billionaire Gautam Adani’s attempts to resolve US fraud charges against him have stalled, prolonging a regulatory overhang that has hindered the Adani Group’s global expansion, Bloomberg reported, citing people familiar with the
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China is preparing to address a massive backlog of unpaid bills owed by local governments to the private sector, estimated by some sources to exceed $1 trillion, according to people familiar with
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Danish pharmaceutical giant Novo Nordisk revealed plans to slash 11% of its workforce and lower its profit forecast for the year, as it faces intensifying competition from US rival Eli Lilly in
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President Donald Trump has proposed imposing sweeping new tariffs on India and China as a means to pressure Russian President Vladimir Putin into negotiating an end to the war in Ukraine —
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China’s consumer prices fell below zero for the first time in three months, while factory deflation showed tentative signs of easing, as the government intensifies efforts to rein in excessive competition and
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