Saudi Aramco targeting to kick off planned IPO on Nov. 3: sources
Saudi Aramco is targeting to kick off its initial public offering (IPO) on Nov. 3, three sources familiar with the matter told Reuters....
Factbox: Downstream Iranian energy projects disrupted by water crisis
Below is a list of Iranian downstream energy projects where construction has been delayed and existing facilities where operations have been disrupted due to water...
Iran’s thirsty energy industry runs up against water shortage
The plan to build a petrochemical plant near the Iranian city of Firouzabad had everything usually needed to get a project off the ground: approval...
Three-peat? Fed copies 1990s playbook in bid to avert a downturn
In the midst of what became a golden decade for the U.S. Federal Reserve, central bankers twice in the 1990s cut interest rates in short...
Asia shares touch three-month top, cautious on Fed
Asian shares crept to a three-month peak on Tuesday after Wall Street hit all-time highs amid hopes of progress in Sino-U.S. trade talks and for...
California utility PG&E’s stock tumbles as wildfire spreads
Shares of bankrupt California power utility PG&E Corp extended losses on Monday as investors worried that its equipment might be responsible for wildfires spreading in...
Australian regulator files privacy suit against Google alleging location data misuse
An Australian regulator has filed a lawsuit against Alphabet Inc’s Google, accusing it of misleading smartphone users about how it collected and used personal location...
Oil prices edge lower ahead of U.S. stockpile numbers
Oil prices slipped on Tuesday as investors awaited U.S. crude inventory data for a pointer on oil demand trends, while concerns about slower economic growth...
California regulator to probe utilities’ mass power outages aimed at preventing fires
California regulators said on Monday they will open a formal probe of whether utilities violated any rules by cutting power to millions of residents for...
Japan tax agency finds Ghosn used Nissan money for private use: report
Japan’s tax authorities have determined former Nissan Motor Co Ltd boss Carlos Ghosn used company money for private use, bolstering the automaker’s case that he...