Oman state run oil firm will make initial public offering, potentially seek billions

Lucid stock tumbles following public offering to raise $1.67 billion

Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."

Business - CNBC - October 17

South Africa’s Bailout Bill for State Firms Nears $30 Billion

World - Yahoo News - October 15

In 2024, abortion rights initiatives are on the ballot in 10 states

There are 10 states with abortion rights initiatives in the 2024 election.

Czech PM says ammunition initiative for Ukraine running on schedule

World - Yahoo News - October 23

World's most indebted oil firm is headache for new Mexico leader

Claudia Sheinbaum inherits a buoyant manufacturing sector, but also a troubled state-owned oil firm.

Starbucks drops olive oil coffees as it shakes up menu

The announcement comes less than a week after the company reported falling global sales.

Oil firm blames windfall tax for North Sea pull-out

Texas-based Apache says the windfall tax on energy profits will make its operations "uneconomic".

BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas

The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that the company’s “principal aim” was increasing earnings.

Business - The New York Times - October 29

Oil prices end higher as traders weigh potential Trump policies

Oil futures finished higher on Thursday, recouping their losses from a day earlier and then some, as traders continued to tackle uncertainty surrounding incoming U.S. President Donald Trump’s ...

Business - MarketWatch - Yesterday

EU Gas Firms Warned Over Seeking ‘Dangerous’ Russia Transit Deal

World - Yahoo News - October 15

U.S. forgives $4.5 billion in student debt for 60,000 public employees

The Biden administration's latest round of relief should have borrowers learning of their canceled debt in coming weeks.

Labour challenges Badenoch to back billions for public services and tax rises

Rachel Reeves throws down budget gauntlet to new Tory chief as party’s first black leader is congratulated on win. Labour has thrown down an immediate challenge to the new Tory leader, Kemi ...

World - The Guardian - 6 days ago

UK Employment Reforms to Cost Firms Up to £4.5 Billion a Year

World - Yahoo News - October 21

Oil prices lose 2% after China offers little detail on stimulus plans

Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...

Business - MarketWatch - October 14

Oil bigwigs open wallets for Trump after billion-dollar request

Oil and gas tycoons made significant contributions to the Trump campaign after the former president asked the industry for $1 billion to support his reelection bid — and reportedly said it would be ...

Politics - The Hill - October 31

Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash

Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.”

Business - The New York Times - 3 days ago

Boeing seeks to raise up to $25bn through stock and debt offering

Planemaker also enters into $10bn credit agreement in ‘challenging environment’ amid strikes and safety concerns. Boeing is seeking to raise up to $25bn (£19bn) in an attempt to shore up its ...

World - The Guardian - October 15

Boeing Seeks to Line Up Billions in Financing as Strike Goes On

The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 billion line of credit.

Business - The New York Times - October 15

Intel seeks billions for minority stake in Altera business, sources say

This move that would represent a sharp about-face from its earlier public messaging about the larger company's prospects.

Business - CNBC - October 18

Intrum seeks U.S. bankruptcy protection to restructure $4.7 billion net debt

Intrum, Europe's biggest debt collector, said on Friday it will file for voluntary Chapter 11 bankruptcy protection in the United States as it seeks to restructure its own finances. The company ...

Sports - Yahoo Sports - October 18

Perplexity AI seeks valuation of about $9 billion in new funding round

Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.

Business - CNBC - October 21

Italy passes law clamping down on surrogacy tourism

Italians who go abroad to have a baby via surrogacy will face jail terms and fines of up to €1m. Italy’s parliament has made it illegal for couples to go abroad to have a baby via surrogacy – a ...

World - The Guardian - October 16

Italy makes it illegal to seek surrogacy abroad

Italy’s parliament has made it illegal for couples to go abroad to have a baby via surrogacy— a project of Prime Minister’s Giorgia Meloni party which activists say is meant to target same-sex ...

Boeing Makes Another Offer to End Machinists Strike

The company is offering a 38% wage increase over four years in its latest proposal. That is up from its original offer of 25%, which was overwhelmingly rejected by a union local representing ...

Business - The Wall Street Journal - October 31

Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...