Saudi Aramco role in private investment drive guided by business not state, says CEO

[ad_1] Crown prince announced Shareek programme on Tuesday Initiative to act as ‘catalyst’ for investment, says CEO Nasser says Aramco playing voluntary role Too early say impact on Aramco’s dividend,…

Factbox: European companies cut jobs as economy sputters

[ad_1] May 5 (Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here are some of the companies…

AMD shares sink on forecast miss as PC market remains weak

[ad_1] May 2 (Reuters) – Advanced Micro Devices (AMD.O) shares slumped on Tuesday after the chipmaker forecast quarterly sales below estimates due to a weak PC market, overshadowing the company’s…

Most Gulf markets in red as Fed seen hiking rates

[ad_1] May 1 (Reuters) – Most stock markets in the Gulf ended lower on Monday, weighed down by expectations the Federal Reserve will increase interest rates, although the Qatari bourse…

Platinum Equity to buy specialty chemicals maker Solenis in $5.25 bln deal

[ad_1] July 6 (Reuters) – Billionaire Tom Gores’ private equity firm Platinum Equity said on Tuesday it would buy specialty chemicals maker Solenis in a deal valued at $5.25 billion,…

Russian Nord Stream 2 pipe-laying vessel leaves German site, indicating project progress

[ad_1] MOSCOW, Dec 28 (Reuters) – The Russian pipe-laying vessel Fortuna has left the Nord Stream 2 gas pipeline construction site in the Baltic Sea, Refinitiv Eikon data showed on…

Germany may restrict export of chip chemicals to China – Bloomberg

[ad_1] April 27 (Reuters) – Germany may limit the export of chemicals to China that are used to manufacture semiconductors as part of the government’s efforts to reduce its economic…

Kremlin warns of more asset seizures after move against Fortum and Uniper

[ad_1] This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine HELSINKI, April 26 (Reuters) – The Kremlin warned on Wednesday it could…

Energy firms in Germany join up for sea-to-inland hydrogen route

[ad_1] FRANKFURT, April 25 (Reuters) – Seven companies in Germany’s energy sector said on Tuesday that they had formed an alliance to bring clean hydrogen from the seashore to centres…

Henkel expects net financial loss from sale of Russia business

[ad_1] April 21 (Reuters) – Henkel (HNKG_p.DE) on Friday said it expects to see a net financial loss in the deal to sell its Russian business. The consumer goods group…