(Bloomberg) — Contemporary Amperex Technology Co. Ltd. is planning to seek at least $4 billion from its Hong Kong stock offering, people familiar with the matter said, which would make it the world’s biggest listing this year. The eventual proceeds could rise to $5.3 billion if the deal is upsized and the greenshoe exercised, according…
Hong Kong businesses are keenly observing the burgeoning new energy opportunities in the Middle East, as Gulf nations seek to diversify their oil-dependent economies and pave the way for a sustainable future. Cliff Zhang Kun, chairman of Templewater and Bravo Transport, which owns bus operator Citybus, said that the company was in discussions with Qatar…
U.S. oil prices fell sharply, briefly dipping below $60 a barrel on Sunday — their lowest level in almost four years — as the economic fallout from President Trump’s latest round of tariffs reverberated around the world. Crude oil now costs around 15 percent less than it did last Wednesday, just before Mr. Trump revealed…
President Trump’s cabinet has been busy rolling back of regulations that will make it far easier to extract and produce fossil fuels. But who will buy them? Nearly everyone, it turns out, particularly under the threat of tariffs. At an annual energy-industry conference in Houston, executives spoke openly about how companies from around the world…
Before a packed crowd of oil and gas executives on Monday, Chris Wright, the new U.S. energy secretary, delivered a scathing critique of the Biden administration’s energy policies and efforts to fight climate change and promised a “180 degree pivot.” Mr. Wright, a former fracking executive, has emerged as the most forceful promoter of President…
We recently compiled a list of the 13 AI News and Ratings Gaining Investor Attention. In this article, we are going to take a look at where CISO Global Inc. (NASDAQ:CISO) stands against the other AI stocks. As AI data centers expand, the need for reliable and scalable power sources is becoming a significant focus. Some…
Officials in Ukraine and the Trump administration say they are close to a deal that would give the United States revenues from Ukraine’s minerals and other natural resources, including titanium, lithium, oil, natural gas and rare earth elements. A draft agreement seen by The New York Times described the creation of an U.S.-controlled fund that…
(Bloomberg) — Asian stocks pulled back after a five-day rally that pushed a regional gauge into overbought territory, as investors turned cautious amid increasing trade tensions and geopolitical uncertainty. Hong Kong technology stocks were an outlier. The MSCI Asia Pacific Index dropped as much as 0.6% with stocks in Hong Kong and Japan declining after…
We recently compiled a list of the 13 Best Natural Gas and Oil Dividend Stocks To Buy. In this article, we are going to take a look at where Permian Resources Corporation (NYSE:PR) stands against the other natural gas and oil dividend stocks. The United States of America is the Largest Oil Producing Country in the…
(Bloomberg) — Amazon.com Inc founder Jeff Bezos’ $10-billion Earth Fund has ended its support for the Science Based Targets initiative, the main verifier of corporate climate targets, the Financial Times reported. The billionaire’s philanthropic entity has halted backing for the group following complaints by SBTi staff about its influence, the report said. It’s also seen…