Page 38 - Gb News Today

Kazakhstan is pressing ahead with $16.5 billion in claims against international oil majors over disputed project costs and has no plans for a possible out-of-court settlement, Energy Minister Almasadam Satkaliyev said on Tuesday.

Italian energy giant Eni has entered exclusive talks to acquire private-equity backed gas and oil producer Neptune Energy after sweetening its previous offer to below $6 billion, industry sources said.

The U.S. Food and Drug Administration's staff reviewers said on Tuesday Sanofi and partner AstraZeneca's experimental therapy to prevent respiratory syncytial virus (RSV) infections in infants appeared safe and effective.

U.S. venture capital giant Sequoia plans to split off its Chinese and Indian/Southeast Asian businesses into two independent firms, it said on Tuesday, as it tries to better navigate economic and geopolitical challenges.

British Prime Minister Rishi Sunak will advocate for a deepening of economic ties between the United Kingdom and the United States when he speaks to the country's lawmakers and business representatives during his trip to Washington D.C. this week, the British government said in a press release.

Global Blue Group Holding AG (NYSE:GB – Get Rating) shares dropped 3.8% during mid-day trading on Tuesday . The stock traded as low as $4.81 and last traded at $5.03. Approximately 14,057 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 20,668 shares. The stock had previously closed […]

A global shortfall in crude oil supply is set to deepen in the third quarter as the world's top exporter Saudi Arabia pledged extra output cuts from July in a move likely to push Brent towards $100 a barrel by the end of the year, analysts said.

A strong U.S. economy is giving an unexpected boost to the dollar, frustrating bearish investors betting on its decline.

Even as higher costs of borrowing continue to choke dealmaking, fund managers and bankers believe smaller UK-listed firms remain attractive to private equity players flush with unspent funds of nearly a trillion dollars.

Prince Harry will become the first British royal to appear in the witness box since the 1890s when he testifies this week at the High Court in London as part of his lawsuit against Mirror Group Newspapers.