Exxon Mulls an Exit From Its Dead Cow Shale Fields in Argentina
Exxon Mobil Corp., which once planned to bet big on Argentina’s oil and gas riches, has put all of its shale assets in the country under review.
Bloomberg Business
Heat Returns to Spain With Fire Risk Across Southern Europe
Summer heat is set to return to Spain this week, while the threat of wildfires is spreading across the Mediterranean from the French Riviera to the Greek islands.
Carlyle Profit Slides 26% as New CEO Seeks Rebound
Carlyle Group Inc. is engaged in a “critical strategic effort” to manage costs and boost profit margins, Chief Executive Officer Harvey Schwartz said Wednesday after the firm posted a 26% drop in second-quarter earnings.
Soybean Futures Fall as Cooler Weather Raises US Crop Prospects
Soybean futures fell as US forecasts for wetter and cooler weather in the Midwest in the coming weeks raised harvest prospects.
Investors Back Changes to Wizz Air CEO’s £100 Million Bonus Plan
Wizz Air Holdings Plc shareholders approved a two-year extension to Chief Executive Officer Jozsef Varadi’s £100 million ($127 million) bonus plan despite significant opposition from owners including CalPers.
Iraqi Government Recalls Tainted Cold Medicine Made in India
Iraqi health authorities are recalling an Indian-made cold syrup that Bloomberg News found to be tainted with a toxic chemical, according to an official in the nation’s Kurdistan region.
Rolls-Royce Says Small Number of Its Cars Are Aboard Burned Ship
BMW AG’s Rolls-Royce has a small number of its exclusive cars aboard the ship that went up in flames off the Dutch coast a week ago.
Deadly Heat Triggers Covid-Like Shutdown in Iran, With More to Follow
A two-day nationwide closure in Iran marks a new era of heat waves forcing authorities around the world to shut schools, close tourist sites and shorten working hours.
Green Hydrogen Will Further Uruguay’s Role as Renewables Leader
Uruguay’s renewable energy sector still has room to run with multi-billion dollar plans to build synthetic fuel plants and as data centers are set to boost demand for wind and solar power, said Marcelo Mula, who heads the trade group Auder.
Bain, Cinven Weighs Sale of €10 Billion Drugmaker Stada
The private equity owners of Stada Arzneimittel AG are weighing options for the German drugmaker, including a possible sale, people with knowledge of the matter said.
