Canadian oil-sands producers — struggling to shake off their image as pumping some of the dirtiest crude in the world — logged a rare win last year: Emissions held steady even as production increased.
Asia’s once-richest woman has lost more wealth than any other billionaire in the world as her Chinese property development company falls deeper into a debt crisis.
It’s all downhill from here for Mike Corbat, and that’s just how he wants it.
Roblox Corp. plunged by 21%, the most in nine months, after the company reported that people spent less time playing its video games in the second quarter.
The Bank of Russia announced it will halt purchases of foreign currency on the domestic market for the rest of 2023 in an effort to help the ruble as the currency slumped toward 100 per dollar, its weakest in 16 months.
S&P Global Inc. will no longer publish ESG scores along with its credit ratings, as the company adjusts its approach in response to investor feedback.
Sun Life Financial Inc.’s insurance units buoyed its results in the second quarter, helping the Canadian financial firm post a 14% increase in adjusted earnings.
Utility Companhia Paranaense de Energia was privatized as its controlling holder, the Brazilian state of Parana, shed its stake in a 5.2 billion-real ($1.1 billion) equity offering.
L’Occitane International SA’s controlling shareholder is in advanced talks on a potential deal to take the skin-care company private at a valuation of around $6.5 billion, people familiar with the matter said.
Investors, burnt by the class of 2020 and 2021 initial public offerings that trade under water, are cautiously dipping back into the fray if the deal is sweet enough.
