International - Page 109

Many investors are well-acquainted with the concept of stranded assets, often associated with the fossil fuel industry. It envisions a future where oil giants like Shell and Exxon Mobil could find themselves

The Athens International Airport, Greece’s primary tourist gateway, recently witnessed robust demand during its initial public offering (IPO), marking a significant milestone as the first major IPO in Europe for the year.

In 2024, the remarkable surge in U.S. stock prices is anticipated to gain further momentum, driven by an increase in stock buybacks by companies. Following a slowdown in 2023, stock buybacks are

Shell (SHEL.L) announced its annual profit of $28 billion, surpassing fourth-quarter earnings expectations thanks to robust liquefied natural gas (LNG) trading. This achievement has allowed the energy giant to boost its dividend

BNP Paribas (BNPP.PA) reported an unexpected decline in its fourth-quarter income, leading to a more than 8% drop in the bank’s shares. CEO Jean-Laurent Bonnafe cited challenges in the euro zone economy,

Phillips 66 (PSX.N) reported impressive quarterly profits that exceeded expectations, driven by robust refining margins and gains from its midstream unit. This positive outcome led to a 1.7% increase in its premarket

Tesla CEO Elon Musk announced on Thursday that the company plans to conduct a shareholder vote to change its state of incorporation from Delaware to Texas. This decision comes in the wake

Saudi Arabia is reportedly contemplating a secondary share offering for its state-owned oil behemoth, Saudi Aramco (2223.SE), with plans to raise a substantial sum of at least 40 billion riyals, equivalent to

Norway’s colossal sovereign wealth fund, boasting a staggering $1.6 trillion in assets, and renowned as the world’s largest of its kind, recently made headlines by revealing a remarkable record-breaking profit. The fund,