Latest in Oman state run oil firm will make initial public offering, potentially seek billions
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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 -
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In 2024, abortion rights initiatives are on the ballot in 10 states
There are 10 states with abortion rights initiatives in the 2024 election.Top stories - ABC News - October 28 -
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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.Top stories - BBC News - October 28 -
Starbucks drops olive oil coffees as it shakes up menu
The announcement comes less than a week after the company reported falling global sales.Top stories - BBC News - October 30 -
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".Top stories - BBC News - 2 days ago -
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 - 2 days ago -
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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.Top stories - CBS News - October 17 -
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 - November 2 -
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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 - 4 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 ...Top stories - NBC News - October 16 -
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 ...World - The Guardian - October 15 -
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 -
Saudi oil and betting firms? Women’s football must not lose its moral compass | Suzanne Wrack
Investment is needed to maintain growth but recent deals go against the values women’s game has worked hard on. Women’s football, the business, is on the rise. There will be ups and downs, ...World - The Guardian - 4 days ago -
Family of Menendez brothers making public push for their release from jail
In 1996, Erik and Lyle Menendez both received life sentences for the murders of their parents, which they claimed were in self-defense. The family of the brothers are now pushing for reduced ...Top stories - CBS News - October 16 -
King and Prince William’s estates ‘making millions from charities and public services’
Duchies of Cornwall and Lancaster likely to make at least £50m from leasing land to services such as NHS and schools, according to investigation . King Charles and Prince William’s property empires ...World - The Guardian - November 2 -
Second Sydney beach closed as mystery deepens after hundreds of black balls wash ashore in Coogee
Coogee and Gordons Bay beachgoers warned not to touch the material, which could be ‘tar balls’ formed from oil spills or seepage at sea. Follow our Australia news live blog for latest updates ...World - The Guardian - October 16 -
Russian bribery seeks to skew Moldova’s presidential run-off
Officials estimate $100mn spent by Moscow as second round follows upset last month for pro-EU president Maia SanduBusiness - Financial Times - 6 days ago -
Sean 'Diddy' Combs' lawyers seek gag order, citing 'improper' pretrial publicity
The defense is asking for a court order gagging potential witnesses and their attorneys.Top stories - ABC News - 5 days ago -
Voters in Liechtenstein withdraw state funding from the country's public radio broadcaster
Voters in Liechtenstein have voted to withdraw state funding from the tiny country’s public radio broadcaster, a decision that leaves the station’s future in doubtWorld - ABC News - October 28 -
4 killed in "terrorist attack" on Turkish state defense firm headquarters
Four people were killed in a terror attack on the headquarters of Turkey's state-owned Turkish Aerospace Industries near Ankara, an official says.Top stories - CBS News - October 23 -
Ingram Micro could be worth more than $5 billion in return to public markets
Ingram Micro has set terms for its initial public offering, as the profitable California-based information-technology company is returning to the public market with a valuation could be move than ...Business - MarketWatch - October 15
