April 8, 2019

SoftBank-backed Grab targets $2 billion more in funding this year in big business push

Grab aims to raise another $2 billion this year as it ramps up expansion, its chief executive said, just weeks after announcing over $4.5 billion of […]
April 8, 2019

Demand for Aramco’s bond ‘north of’ $30 billion: Falih

Demand for Saudi Aramco’s inaugural international bond, which will be issued this week, is higher than $30 billion, Saudi Energy Minister Khalid al-Falih said on Monday. […]
April 8, 2019

Oil climbs to five-month high amid OPEC cuts, U.S. sanctions and Libya fighting

Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela, fighting […]
April 8, 2019

Exclusive: Grab targets another $2 billion funding this year: CEO

Grab expects to raise another $2 billion from strategic investors this year, the CEO of Southeast Asia’s biggest ride-hailing firm said, just weeks after it announced […]
April 8, 2019

Carlyle to buy 30-40 percent stake in Cepsa from Abu Dhabi’s Mubadala

U.S buyout firm Carlyle Group has agreed to buy a 30 to 40 percent stake in Spanish energy company Cepsa from Abu Dhabi state investor Mubadala, […]
April 8, 2019

Midwest floods hammer U.S. ethanol industry, push some gasoline prices toward five-year high

The March floods that punished the U.S. Midwest have roiled the ethanol industry, hammering prices and trapping barrels in the country’s interior while the U.S. coasts […]
April 8, 2019

Sweet seats and candy canes: Inside Fiat Chrysler’s Toledo turnaround

Lots of workplaces have a hot seat. At the Jeep assembly plant in Toledo, Ohio, there is a “sweet seat.” Powered by WPeMatico
April 8, 2019

Oil hits highest since November 2018 amid OPEC cuts, U.S. sanctions

Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela, and […]
April 8, 2019

Nissan shareholders sever last ties with ousted Ghosn

Nissan Motor Co shareholders ousted erstwhile boss Carlos Ghosn as a director on Monday, severing his last ties with the company he rescued from near-bankruptcy two […]
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