Analysis: Indices

Klarna valued at nearly $20 billion as shares jump in NYSE debut

Klarna shares jumped 30% in their hotly anticipated New York debut, valuing the Swedish fintech at $19.65 billion, ending the company's years-long wait for a listing and underscoring a rebound in the...

Turkey's BOTAS signs 1.2 bcm LNG deal with Cheniere, minister says

ISTANBUL -Turkish state energy company BOTAS signed a 1.2-billion-cubic-metre liquefied natural gas purchase agreement with Cheniere, Turkish Energy Minister Alparslan Bayraktar said on Wednesday. ...

Chinese goods redirected to Germany due to US tariffs, researchers say

Chinese goods shipped to Germany surged at more than twice the pace of total imports in the first seven months of the year as U.S. tariffs disrupted global trade flows, according to a study by the...

Edison to buy U.S. LNG from Shell in 15-year deal starting 2028

Italy's energy company Edison on Wednesday signed an agreement with Shell to purchase liquefied natural gas from the United States, expanding its long-term portfolio. The Italian...

Exxon expects EU to sign long-term US gas deals, FT reports

ExxonMobil expects the European Union to sign multi-decade U.S. gas contracts under its pledge to buy billions of dollars of American energy, the Financial Times reported on Wednesday. ...

Nissan explores hybrid rollout in South Africa to smooth the shift to EVs

JOHANNESBURG -Japan's Nissan Motor Co is considering a rollout of hybrid cars that use its e-Power technology in South Africa as a way to help drivers move from petrol engines towards electric...

Exxon bullish on China's LNG demand, eyes new markets

Exxon Mobil expects strong growth in demand for liquefied natural gas in China, driven by transport and marine sectors, and sees rising opportunities in new markets across Asia Pacific, Africa and...

Instant View: Anglo, Teck forge $53 billion mining giant in bet on surging copper demand

London-listed Anglo American and Canada's Teck Resources will merge in a $53 billion deal, the companies said on Tuesday, the biggest mining tie-up in more than a decade. The new...

Refinery-state senators look to block Trump from shifting renewable fuel obligation

Oil refinery-state lawmakers led by Senator Mike Lee, a Republican from Utah, will introduce legislation on Tuesday to block President Donald Trump from shifting renewable fuel blending obligations...

India, EU push to close gaps in trade talks as year-end deadline looms

India and the European Union are holding potentially decisive trade negotiations in New Delhi this week, seeking to resolve differences over agriculture, dairy and non-tariff barriers to meet an...

Permira, Blackstone take $525 million minority stake in Dubai's Property Finder

Permira and Blackstone Inc are acquiring a $525 million minority stake in Dubai-based classifieds firm Property Finder, according to a joint statement on Tuesday, in a sign of continued investor...

Argentine markets plunge after Milei's party loses to Peronists in Buenos Aires vote

Argentina's markets tumbled on Monday, with the peso currency touching a historic low, after a heavy defeat for President Javier Milei's party at the hands of the Peronist opposition in local...

Stocks rise on rate cut bets, political upheaval unsettles currencies globally

A global index of stocks was higher on Monday while the dollar fell broadly - but gained against the yen - as investors grappled with political uncertainty in countries from Japan and Indonesia to...

BlackRock to open office in Kuwait, KUNA reports

DUBAI -BlackRock will open an office in Kuwait and has appointed Ali AlQadhi to lead operations in the country, Kuwaiti state news agency KUNA reported on Monday, as the world's largest asset manager...

Italy, US agree to boost LNG ties and infrastructure investment

ROME -Italy and the United States on Monday vowed to deepen energy ties including through increased exports to Italy of liquefied natural gas , as Europe continues to seek alternatives to Russian...

Data center builder Fermi files for US IPO as new listings accelerate

Fermi, a Texas company co-founded by former U.S. Energy Secretary Rick Perry, on Monday filed for an initial public offering in the United States, as companies rush to tap investor enthusiasm for new...

Cybersecurity firm Netskope eyes up to $6.5 billion valuation in US IPO

Netskope is seeking a valuation of up to $6.5 billion in its initial public offering in the United States, the cloud-based cybersecurity firm said on Monday, signaling investors' appetite for new...

White House review of biofuel waiver plan pits farmers against refiners

The White House is reviewing a high-stakes rule that could reshape the balance of interests between oil refiners and farmers by determining how - or even whether - to redistribute huge volumes of...

Global equity fund inflows jump on rate cut expectations

Global equity funds drew their biggest weekly inflows in three weeks in the period to September 3, lifted by growing expectations of a Federal Reserve rate cut this month and a favorable antitrust...