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4 mins read
Adani raises $1.4 bn from stake sale in 3 cos; $9 bn raised in 4 yrs
Adani Group has raised $1.38bn through the sale of stakes in three of its companies – Adani Enterpr…
PTI
2 mins read
9 in 10 Indian leaders question employees' productivity in hybrid work
While 93 percent of employees in India say they are productive at work, a whopping 91 percent of le…
2 mins read
ExxonMobil, Shell lead Big Oil's eye-watering $221 billion profit binge that Biden has slammed as 'outrageous'
Oil majors have posted record profits for 2022, benefiting from the energy-market turmoil triggered…
Zinya Salfiti
3 mins read
BNP Paribas is the first commercial bank to be sued over its fossil-fuel financing
The bank is one of the top financiers of fossil-fuel companies, with outstanding loans of $25 billi…
Catherine Boudreau
1 min read
Clean Energy Fuels stock sinks 17% after the company's largest shareholder cuts its stake by 10 million shares
SEC filings revealed Clean Energy Fuels' largest shareholder, TotalEnergies, cut its stake to 53.4 …
Will Daniel
3 mins read
Sensex drops 115 points in early trade tracking losses in RIL, Maruti, & Tata Motors
The Indian equity market was down in early trade on Thursday, with losses in index heavyweights Mar…
PTI
1 min read
Ray Dalio's hedge fund is now the biggest short-seller of European stocks as Bridgewater bets $5.7 billion
The hedge fund holds 18 short positions against European companies worth about $5.7 billion, Bloomb…
Phil Rosen
1 min read
Ray Dalio's hedge fund is now the biggest short-seller of European stocks as Bridgewater bets $5.7 billion
The hedge fund holds 18 short positions against European companies worth about $5.7 billion, Bloomb…
Phil Rosen
2 mins read
US imposes sanctions on Indian company over alleged Iran oil deal
On Thursday, the Department said that the company "purchased millions of dollars worth" petroche…
1 min read
Oil prices will stay high as production constraints keep supplies tight, top CEOs say
"There is more upside than downside when it comes to the oil price," Shell Chief Executive Ben van …
Jennifer Sor
4 mins read
Is the Dollar dying? Its reserve currency status may be at risk, but it isn’t time to die
The world is going through an upheaval on multiple fronts, many of which lead to the US’ unchecked …
2 mins read
Tata Group is once again the biggest brand in India — check out others in top 10
Indian multinational conglomerate Tata Group continues to be the most valuable brand in the country…
2 mins read
Over 5 million barrels of US reserve oil were exported to Asia and Europe last month as domestic refineries run at full capacity, report says
The exports follow similar shipments of Strategic Petroleum Reserve crude in April, when three ship…
Brian Evans
2 mins read
Exxon is backing a natural gas mega-project in Qatar as global energy supplies buckle under pressures stemming from Russian's war on Ukraine
Qatar is working to expand its North Field East project to boost its annual LNG capacity to 110 mil…
Carla Mozée
3 mins read
E-commerce sales likely to drive credit card spends in September even as active cards decline
Rising inflation has dampened overall credit card spends in August, but experts say they will bounc…
2 mins read
Biden's threatened windfall tax on oil company profits could backfire and drive up crude prices, Larry Summers warns
"I think it would discourage investment in oil, which ultimately mean higher oil prices," former Tr…
Zahra Tayeb
3 mins read
Biden is threatening a windfall tax on energy companies, after he slammed them for 'war profiteering'
Biden criticized major oil companies for making record-setting profits, while not boosting producti…
Huileng Tan
3 mins read
Biden is threatening a windfall tax on energy companies, after he slammed them for 'war profiteering'
Biden criticized major oil companies for making record-setting profits, while not boosting producti…
Huileng Tan
2 mins read
Saudi Aramco's profits shoot up 90% to another record as the energy crisis sends oil prices soaring
Saudi Arabia's state oil company brought in $48.4 billion in the second quarter, nearly as much as …
George Glover
2 mins read
Domestic travel, fuelled by revenge tourism, aids growth in hospitality sector
The cost of everything has been increasing – including the cost of travel – but that is not stoppin…