Frankfurt auto show touts green credentials amid climate protests
The Frankfurt Auto Show will champion sustainable driving and electric cars, Germany’s auto industry association said on Monday, as it seeks to head off protests from climate activists.
Argentine peso, bonds whiplashed after capital controls imposed
Argentine bond prices fell to record lows on Monday and the official and black market pesos diverged after the country imposed capital controls in a bid to stem a currency rout that is sharpening the risk of default.
Saudi Arabia names head of PIF as Aramco chairman
Saudi Arabia has named Yasir al-Rumayyan, head of the kingdom’s sovereign wealth fund, known as the PIF, as chairman of Aramco, replacing Energy Minister Khalid al-Falih, as the state oil giant prepares to go public.
Exclusive: Telia offers concessions as EU probes Bonnier deal: EU document
Swedish telecoms operator Telia has offered concessions to allow rivals fair access to its TV channels to address EU antitrust concerns about its $957 million bid for Bonnier Broadcasting, an EU document seen by Reuters showed.
Energy ministers of Russia, Iran discuss investment projects
Russian Energy Minister Alexander Novak and his Iranian counterpart, Reza Ardakanian have discussed the development of joint energy investment projects during their meeting in Moscow on Monday, the Russian ministry said in a statement.
Argentine markets take another hit after currency controls stoke uncertainty
Argentina’s international bonds fell to record lows on Monday and peso got slapped down again after President Mauricio Macri imposed capital controls on Sunday after announcing the government would “re-profile” its debt by extending maturities.
Saudi Arabia names head of PIF as Aramco chairman: Bloomberg
Saudi Arabia has named Yasir al-Rumayyan, head of the kingdom’s sovereign wealth fund, known as the PIF, as chairman of state oil giant Aramco, replacing Energy Minister Khalid al-Falih, Bloomberg reported on Monday, citing an unnamed Saudi official.
Argentine markets split after currency controls stoke uncertainty
Argentina’s international dollar and euro-denominated bonds fell to record lows on Monday and the official peso diverged from the black market after President Mauricio Macri imposed capital controls on Sunday as the country’s debt crisis spirals.
Saudi Arabia replaces Aramco chairman with head of PIF: Bloomberg
Saudi Arabia has named Yasir al-Rumayyan, head of the kingdom’s sovereign wealth fund, known as the PIF, as the chairman of state oil giant Aramco, replacing Energy Minister Khalid al-Falih, Bloomberg reported on Monday, citing an unnamed Saudi officia…
Murdoch’s Fox launches sports betting with FOX Bet
When Rupert Murdoch’s Fox Corp launches the FOX Bet sports betting platform on Monday, it will do what no other major media company has done in North America: become the face of a sports gambling platform.