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
Blackstone Inc.’s head of secondaries, Verdun Perry, called the buying and selling of existing private assets “the most underutilized tool” in private markets, forecasting that secondaries deal volume could surge to $400
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Russia’s oil production and exports are projected to remain stable this year, even as the industry faces its most difficult period since the Covid-19 pandemic, according to Moscow-based Kasatkin Consulting. The firm
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Temasek Holdings Pte is considering one of its most significant restructurings in years, with a proposal to split its operations into three investment vehicles aimed at boosting efficiency and returns, according to
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America could soon claim part of the production of the iconic Swiss Army knife, as Victorinox considers moving some of its operations to the United States in response to heavy import tariffs,
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Tesla on Tuesday unveiled its latest model for the Chinese mainland market — the Model Y L, a six-seat sport utility vehicle (SUV) priced from 339,000 yuan ($47,182). The move comes as
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The Trump administration announced it will step up scrutiny of imports of steel, copper, lithium, and other materials from China to enforce a US ban on goods allegedly produced with forced labor
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US Treasury Secretary Scott Bessent said some of India’s wealthiest families benefited from purchases of Russian crude, while reaffirming plans to raise tariffs on the country, Bloomberg reports. In a CNBC interview,
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Kelly Zong, chairwoman of Hangzhou Wahaha Group Co. and daughter of the late beverage tycoon Zong Qinghou, is seeking to appeal two Hong Kong court orders restricting her access to $1.8 billion
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Self-described “Spac King” Chamath Palihapitiya is making a high-profile return to special purpose acquisition companies (SPACs), launching a new blank-cheque vehicle after helping drive the pandemic-era SPAC boom that later fizzled. Palihapitiya,
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India is weighing its first major consumption tax cuts in nearly a decade, with proposals to slash levies on small cars and motorcycles to 18% and ease duties on premium vehicles, according
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Chinese companies in the electric vehicle (EV) supply chain invested more overseas than domestically in 2024, marking a historic shift in strategy, according to a report from the Rhodium Group cited by
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The Trump administration is weighing a plan to acquire a roughly 10% stake in Intel Corp., a move that could make the United States government the chipmaker’s largest shareholder, according to reporting
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Indian Railways has announced a series of groundbreaking developments aimed at strengthening sustainable transport, boosting freight growth, and advancing electrification across the network. On Monday, the Ministry of Railways said Banaras Locomotive
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National Australia Bank Ltd. (NAB) said it will take a one-off charge of A$130 million ($85 million) and launch a comprehensive review of its payroll systems after discovering that a range of
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A growing number of India’s largest conglomerates are quietly pursuing partnerships with Chinese companies in sectors such as electric vehicles, lithium-ion batteries, and clean mobility, according to reporting from Bloomberg. Executives have
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