Saudi Arabia’s Public Investment Fund is emerging as the leading bidder to acquire a stake in Vale SA’s multibillion-dollar nickel and copper operations, people with knowledge of the matter said.
After going from boom to bust in one short year, the environment for initial public offerings in the US is on the upswing again, according to Goldman Sachs. It’s just going to take some time for companies to notice.
Baidu Inc. is positioned to be the best proxy to own as artificial intelligence tools help China shift $7.4 trillion spending from offline to the internet, Morgan Stanley said.
Canada’s banking regulator imposed higher capital requirements on the country’s largest banks for the second time in about six months, signaling concern about economic and financial risks that lie ahead.
Eli Lilly & Co. will pay about $2.4 billion to acquire Dice Therapeutics Inc., a biotechnology company that is developing oral treatments for immune diseases.
India’s federal government will send teams to assist and advise heat-affected states, Health Minister Mansukh Mandaviya said on Tuesday, as local authorities and hospitals in the country’s north and east grapple with sweltering temperatures.
Rio Tinto Group intends to invest about $920 million at its Kennecott copper operations in Utah as part of a plan to increase its supply in North America. Demand for the material is set to surge in the coming years due to the global energy transition.
Turkey’s initial public offering market is taking off as companies with limited options for fresh financing seek to take advantage of local investors’ appetite for new issues.
VF Corp., owner of the Vans and Supreme brands, named Bracken Darrell as chief executive officer as the company contends with softer sales growth.
This year’s much-anticipated rebound in air travel is sputtering, with profound implications for the global oil market.
