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Buffett’s Berkshire Hathaway strikes $9.7 billion deal for Occidental’s OxyChem unit

Warren Buffett’s Berkshire Hathaway said Thursday it will acquire Occidental Petroleum’s chemical business, OxyChem, for $9.7 billion in cash, marking its largest…
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Rystad Energy sees Southeast Asia’s onshore wind power expanding fourfold by 2030

Southeast Asia’s onshore wind power sector, long hampered by regulatory obstacles and reliance on fossil fuels, is on the cusp of a…
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Trump admin acquires stakes in Lithium Americas and Thacker Pass project

On Wednesday, Lithium Americas, a Vancouver-based company, announced that the US Department of Energy (DOE) has acquired a 5% stake in the…
Stock

Dow futures took a sharp plunge on Wednesday: 5 things to know before Wall Street opens

Dow futures tanked 230 points on Wednesday as the government entered its first shutdown in nearly seven years, stirring market unease. The…
Stock

Tesla’s European sales see growth in 2025: what to expect from Q3 deliveries

Tesla’s sales showed signs of recovery in parts of Europe during September, with gains in France, Denmark, Norway, and Spain, but continued…
Stock

From GE to Kraft Heinz to Corteva: why more US giants are choosing spin-offs

US conglomerates are increasingly breaking up into focused, independent companies as spin-offs gain traction as a strategy to unlock shareholder value, sharpen…
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Asian stocks end mixed on Tuesday: Hang Seng up 0.9%, Nikkei down 0.25%

Asian markets delivered a mixed performance on Tuesday, with investors balancing optimism around Chinese policy support against growing concerns over a potential…
Stock

China’s production caps and sustainability drive reshape the base metals market

The global base metals market is bracing for significant shifts following a series of announcements from China, the world’s largest consumer of…
Stock

ASOS stock slumps as analysts warn profit gains may not offset sales weakness

British online fashion retailer ASOS warned on Tuesday that annual revenue would come in below market expectations, citing subdued consumer demand and…
Stock

Dow futures tank 150 points amid looming shutdown: 5 things to know before Wall Street opens

Dow futures plunged 150 points on Tuesday, as investors weighed political uncertainty in Washington against lingering concerns over economic growth. With Congress…
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