The leaders of Saudi Arabia and the United Arab Emirates met in Riyadh on Friday, indicating an effort by the two regional heavyweights to put differences to one side and confront the threat of the Israel-Hamas war becoming a wider conflict.
Zimbabwean President Emmerson Mnangagwa declared by-elections in nine constituencies that were controlled by lawmakers from the main opposition party who were stripped of their parliamentary seats.
China will impose tighter standards on voluntary carbon credits as it revives its long-stalled offsets market.
SLB, the biggest oil-services provider, posted its first sequential dip in North American sales since the start of 2021 as explorers ramp up spending in the Middle East and elsewhere in the world.
Stocks fell around the globe, bonds rose and oil hit $90 a barrel on concern that the Israel war with Hamas will escalate into a wider conflict in the Middle East.
VinFast Auto Ltd. has agreed to sell as much as $1 billion worth of new shares to Yorkville Advisors Global over three years as the Vietnam electric vehicle maker seeks to boost the public float of its US-listed stock.
India is considering tightening domestic content requirements for the nation’s solar module makers, who are currently relying on imports of key ingredients such as solar cells.
Abu Dhabi is taking its time about allowing one of the emirate’s top crude grades to be traded on a regional exchange.
The US and European Union failed to reach an accord on steel and aluminum ahead of a summit on Friday and are poised to keep negotiating until a year-end deadline, when tariffs would return on billions of dollars of transatlantic trade in the absence of a deal.
American Express Co.’s third-quarter revenue and profit soared to record levels as the company continued to attract new cardholders willing to pay an annual fee for its premium products.
