Underinvestment in the oil industry makes the current supply shock much riskier worldwide, industry experts say, forcing the US, the EU, and various Gulf countries into a scramble over where and how to extract.
Prior to the
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Underinvestment in the oil industry makes the current supply shock much riskier worldwide, industry experts say, forcing the US, the EU, and various Gulf countries into a scramble over where and how to extract.
Prior to the
The urgent need for foreign investment crystallized last month when a royal decree replaced veteran cabinet member and investment minister Khalid Al-Falih amid broader funding concerns over the kingdom’s signature Vision 2030 development framework.
Foreign investment amounted to just 2.1% of GDP last year, according to Capital Economics. That’s well below the gove...
Laura Fernández won the Costa Rican presidency last month in a rare first-round victory, with over 45% of votes in her favor. She will be the country’s 50th and its second female president after Laura Chinchilla, who held office from 2010 to 2014.
Fernández is expected to continue the right-wing populist policies set by her predecessor, Rodrigo Chaves, who re...
Enrique Lores, who has led HP since 2019, takes over as chief executive this month as the payments giant confronts slowing growth, intensifying competition, and a stock price down roughly 80% from its peak five years ago.
Lores succeeds Alex Chriss, the former Intuit executive brought in less than two years ago to engineer a turnaround. Chriss was tasked with jumps...
The sustainable finance market lost some ground in 2025, and many analysts predict only modest improvement in 2026.
According to the Climate Bonds Initiative, the world’s green, social, sustainable, and sustainability-linked debt totaled $6.5 trillion as of the third quarter of last year. Nearly two-thirds (64%) of that volume consisted of green-labeled debt.
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