Qatar LNG Tanker’s Hormuz Exit Is Rare Exception Showing Pakistan’s Clout
Islamabad is using geopolitical leverage to get badly needed gas supplies, but it’s a trick other nations will struggle to pull off.
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Florida’s Ailing $6 Billion Rail Line Has Debt Vultures Circling
It’s becoming clearer by the day that Brightline, the struggling Florida private railroad, is shaping up to rank among the biggest municipal-bond restructurings ever, alongside the likes of Puerto Rico and Detroit.
Hengli’s Former Singapore Arm Dismisses Staff After US Sanctions
Hengli Petrochemical International Pte dismissed some Singapore-based staff, according to people with knowledge of the matter, weeks after its then-parent was slapped with US sanctions.
Why Modi Wants Indians to Pause Gold Buying
India’s love for gold may be going on pause. PM Narendra Modi is urging citizens to avoid buying gold for a year as the ongoing Iran conflict puts pressure on the economy.
(Source: Bloomberg)
Santander Taps Patria’s Alonso to Head Its Asset Management Unit
Banco Santander SA hired Carmen Alonso as new global chief executive officer of its asset management unit, following the exit of its previous head in December.
Blackstone and Halliburton Said to Invest $1 Billion in VoltaGrid
Blackstone Inc. and Halliburton Co. are investing a combined $1 billion into VoltaGrid in a deal that values the energy startup at more than $10 billion, according to people familiar with the matter.
Ethanol Gasoline Push Faces Key US Vote With Outcome Uncertain
The agriculture industry’s long-running push to expand higher-ethanol gasoline is at a critical juncture as farmers search for fresh sources of demand.
Starmer Opens Path to Full Nationalization of British Steel
Prime Minister Keir Starmer pledged a step toward full nationalization of British Steel during a crucial speech on Monday designed to save his premiership.