BP Plc hiked its dividend and extended share buybacks after posting a record profit of $27.65 billion for 2022, joining its fellow supermajors by reaping the rewards of soaring oil and natural gas prices.
Algeria hopes to conclude negotiations with Chevron Corp. this year as the US firm seeks to explore for energy in the North African country.
A $5 trillion investor coalition wants to change how markets assess government bonds to help unlock climate finance to emerging markets.
Electric-vehicle maker VinFast has cut about 80 jobs in North America, including its US chief financial officer, raising questions about the health of the Vietnamese company ahead of a possible stock listing.
Epiris is moving forward with a potential sale of Bonhams, the 230-year-old British auction house, people familiar with the matter said.
Tianjin Pipe Corp., a state-backed maker of seamless steel pipe, is considering selling its Texas-based steel mill for at least $1.3 billion, according to people familiar with the situation.
India has issued orders to block a further 232 apps and websites, most of which were linked to China, in a sign that relations remain fraught between Asia’s two largest countries years after a deadly border skirmish.
As the US attempts to recover the sunken remains of a huge Chinese balloon it blasted out of the sky with a missile, Beijing acknowledged ownership of a second balloon spotted drifting over several Latin American countries.
The rally that drove the Philippine key stock benchmark to a bull market last month is struggling to sustain as concerns grow that rising inflation in the nation means its central bank will keep rates higher for longer.
Saudi Arabia signaled it’s optimistic about oil demand by unexpectedly raising prices for customers in its main market of Asia, while also lifting those for Europe and the US.
