Neom Green Hydrogen Co., part of a $500 billion industrial and tourist development on Saudi Arabia’s Red Sea coast, will begin producing the fuel for transportation next year, according to the head of the venture.
Florida Governor Ron DeSantis would violate campaign finance laws by transferring the $86 million war chest from his gubernatorial campaign to a federal super PAC backing his presidential run, according to a complaint filed with the Federal Election Commission.
Nigeria’s dollar bonds and equities rallied after President Bola Tinubu said he’ll end the nation’s $10 billion fuel-subsidy program and announced plans to adopt an uniform exchange rate.
Taiwan’s de facto ambassador to the US said the lack of a double taxation treaty is “unfair” and discouraging investment from Taiwanese semiconductor firms, while adding she hopes recent trade talks lead to a deeper deal between the two governments.
Better earnings expectations, low layoffs and recovering corporate confidence have prompted RBC Capital Markets to lift its S&P 500 Index year-end price target to 4,250, up from its previous call of 4,100.
Institutional Shareholder Services Inc. is backing Elliott Investment Management’s call for a special audit of real estate firm Deutsche Wohnen SE’s loan to its controlling shareholder, its second recent move to support activist proposals in Germany.
The start of the third section of Kuwait’s Al-Zour refinery was pushed back to the end of the summer after a technical glitch forced the facility to halt last month, the chief executive officer of Kuwait Petroleum Corp. said in an interview.
Countries from Asia to Latin America are snapping up natural gas cargoes as prices slump, helping replace more polluting fuels while easing cost pressures on the economy.
Nestlé SA and Unilever Plc are replacing their veteran chief financial officers, part of a changing of the guard at consumer-goods companies as inflation pressures the industry.
The debt-limit deal forged by President Joe Biden and House Speaker Kevin McCarthy has fueled an almost $1 billion rally in shares of natural gas pipeline operator Equitrans Midstream Corp.
