Informa to buy rival events business Clarion from Blackstone for £2.2bn
France’s BPCE buys ‘friendly’ stake in Spain’s Sabadell
UK investor commits $300m to revive LIV Golf
Philip R. Lane: Interview with Ansa
German Factory Orders Slumped in August in Recovery Setback
French Production Unexpectedly Drops on Ebbing Power Output
U.S. stock futures inch up after Nasdaq hits record on reduced Fed hike bets
Informa to buy Clarion for £2.24 bln, plans to separate Taylor & Francis business
German August factory orders plunge as large-scale orders unwind
Bank of Japan Governor Signals Potential Rate Hike as Inflation Approaches Target
More Price Risks Loom Over Philippines After Inflation Surge
Market Focus Remains on US-Iran Developments Amid Light Economic Calendar
Gold Prices Decline Amid Rising Treasury Yields, SPDR Holdings Remain Strong
Gold slips as dollar, Treasury yields offset fading Fed hike bets ahead of minutes
Blackstone, Bain, Warburg prepare final bids for Fuji Media’s property unit, sources say
AI models used in bank cyber attacks, warns South Korea’s president
Asia stocks rise tracking Wall Street gains; elevated yields limit upside
Aperam sees Q3 EBITDA below Q2 as weak Europe, energy costs weigh
German industrial orders fall more than expected in August
South Asia growth holds firm, but energy shock, weather pose risks, says World Bank economist
German Factory Orders Slump in Setback for Country’s Recovery
French Student Unrest Spreads Nationwide
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.08%
Indian bank stocks rise as RBI rate-hike bets build, Nifty Private Bank up 1%
OpenAI, Anthropic tell Australia they would welcome data breach rules
FX Option Expiries on October 6 Could Influence USD/JPY Trading
Samsung, SK Hynix shares drop as Q3 earnings loom
Full Interview: Why Ray Dalio Sees Risk of US Debt Crisis
Firmus Stock Overhang Said to Make Some Investors Wary on IPO
BPCE acquires 7% stake in Spain’s Banco Sabadell
Australia stocks higher at close of trade; S&P/ASX 200 up 0.57%
Thailand CPI inflation rises 2.82% in September
Ireland Faces Pressure to Spend Tax Windfall in Budget to Help Voters
DeepSeek set to raise at least $12 bln in Tencent, CATL-led round- Bloomberg
NextEra’s $67 bln Dominion deal faces political backlash in Virginia, FT reports
How AI could scupper the dollar
Suzuki Undercuts BYD as Competition for Cheap Mini EVs Heats Up
Bank of Japan Signals Inflation Target Achievement, December Rate Hike Anticipated
South Korea Investigates Possible Use of A.I. in Hacks on Its Banks
How Total Return Swaps Pile on Risk For Bondholders
Analysis-With Uzbekistan open for business, investors watch reform staying power
Indonesia’s candidate for WHO chief calls on US to rejoin agency
Analysis-Spain’s housing crisis bursts into the spotlight at snap election
India services growth at 3-month high, but quarter weakest since 2022, PMI shows
1IN10 to Present Trading Data Valuation Platform at iFX EXPO Asia 2026 in Hong Kong
Why is Hon Hai Precision Industry stock rallying today?
Why is ZAI stock surging today?
Yemeni forces retake Red Sea port city Mokha
China fuels tensions with partners over scaled-back summit plans
Germany’s pivot on China trade is a long time coming for other EU capitals
U.S. Treasury Yields Reach Multi-Decade Highs Amid Mixed Economic Signals
WTI Crude Oil Shows Signs of Stabilization Amid Mixed Market Signals
AMD CEO Reports High Demand Outstripping Supply
Jefferies Names Top Japan Semiconductor Equipment Stocks to Buy
Google, Constellation near $1 billion-plus nuclear power deal, Bloomberg reports
Vance says details of proposed Alaska LNG pipeline need to be worked out
Seagate and Toshiba compete for TDK hard-drive head unit- Bloomberg
Morning Bid: Spain to France: hold my cerveza
FirstFT: French central bank chief warns on rising rates
What to Know About Pneumonic Plague After Suspected Siberian Lab Case
India Set For First Rate Hike in Almost Four Years: Guide
Nike’s China troubles: What are the implications for other sportswear brands?
Why is ANTA Sports stock falling today?
BOJ may signal underlying inflation has hit 2% goal, sources say
Trump says Becton Dickinson to invest $3 billion in US medical manufacturing
Singapore Studies Pulau Tekong Energy Hub as Power Demand Grows
World Bank Raises Growth Forecast for East Asia and Pacific to 4.5% Amid AI Concerns
Gift Nifty 50 bears dominate below $22,875 resistance: Live levels
Kuaishou’s Kling AI targets Hong Kong IPO, may raise at least $1 bln - Bloomberg
Adnoc unit expands gas carrier fleet for exports
Adnoc Logistics & Services (Adnoc L&S) is adding three more very large gas carriers (VLGCs) to its fleet as part of its drive to expand its hydrocarbon shipping capacity.
The order is valued at AED1.2 billion ($324 million), the Abu Dhabi National Oil Company (Adnoc) unit said in a statement to the Abu Dhabi Securities Exchange.
In August, the company agreed to pay AED4.8 billion for five VLGCs and six very large crude carriers.
The fleet expansion comes as demand for second-hand supertankers surged among Gulf producers, AGBI reported, pushing the value of a five-year-old tanker up 22 percent above the cost of a newbuild.
Each supertanker will have a capacity of 90,000 cubic metres and is expected to be delivered in the second half of 2029.
Further reading:
- Buyers pay instant-access premium for secondhand supertankers
- Gulf oil tankers earn $1m a day in ‘perfect storm’ of crises
- Adnoc units go global as war reshapes strategy
These supertankers will be deployed on a seven-year contract with Adnoc Global Trading, the statement said.
The shipyard’s name was not given.
In November, Adnoc’s board allocated $150 billion in capital expenditure between 2026 and 2030 to maintain its oil and gas operations through expansion and new projects.
XRG, Adnoc’s low-carbon energy and chemicals investment arm, owns 78 percent of Adnoc L&S.
The company’s share price closed 0.70 percent higher at AED7.1 on Monday and is up about 20 percent year to date.
Source: AGBI