Indian billionaire Mukesh Ambani’s Reliance Jio Platforms has filed regulatory papers for a Mumbai IPO to raise around $3.8 billion, sources said, in what could be a record listing for the country.
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Indian billionaire Mukesh Ambani’s Reliance Jio Platforms has approved plans to list in Mumbai to raise around $3.8 billion, sources said, in what could be a record IPO for the country.
While U.S. President Donald Trump has recently hailed the resumption of oil flows from Gulf allies, Iran, too, appears to be gearing up to resume exports and trading.
A $300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and more than half that sum has already been committed, a source with direct knowledge of the deal told Reuters.
A Ukrainian drone attack killed one person and sparked a fire at a sea terminal in the southern Russian port of Temryuk, in the Krasnodar region, governor Veniamin Kondratiev said on Saturday on the Telegram messaging app.
Three months into the Iran war, the oil market is coming to grips with an unexpected new reality: China, the world’s largest importer, needs much less fuel than previously thought.
Saudi Arabia is on course to deliver more jet fuel to Europe this month than it did when the Strait of Hormuz was open, data from shipping trackers Kpler and Vortexa shows, underscoring the importance of Saudi’s bolstered exports via the Red Sea.
AI coding startup Cursor, which SpaceX has an option to buy for $60 billion, will open its European headquarters in London and hire some 200 staff, an executive told Reuters.
A few months ago, India’s economy was humming along nicely. Inflation was benign and growth was steady – the strongest among the world’s leading economies.
The biggest oil supply shock in decades has entered its fourth month – with no resolution in sight as neither the U.S. nor Iran appears willing to budge – yet the market has settled into an eerie calm. This disconnect reflects an uncomfortable reality: the biggest drivers of today’s energy market are a host of unknowns.