business
BP to Sell Stakes in U.S Midstream Assets for $1.5 Billion to Sixth Street
The energy company said it would sell stakes in assets which are operated by its U.S. onshore oil and gas business BPX in the Permian and Eagle Ford basins. Source link
Eni Inks Deal With Malaysia’s Petronas on New Oil-And-Gas Venture
Eni is to combine its upstream oil-and-gas assets in Indonesia and Malaysia with those of Malaysia’s state-owned Petronas Source link
Former Honeywell CEO’s Firm Strikes Deal for Machinery Maker Husky
David Cote’s firm CompoSecure is buying the molding-equipment specialist from Platinum Equity. Source link
Renault Says Chinese Auto Group Geely Will Take 26.4% Stake in Brazilian Unit
Geely Holding Group and Geely Automobile Holdings will have access to Renault’s resources in Brazil and will be able to manufacture Geely Auto vehicles alongside Renault vehicles. Source link
Ryanair Posts Net Profit Increase, Lifts Full-Year Passenger Outlook
The budget airline said earlier-than-expected deliveries of Boeing aircraft would allow it to carry more passengers than previously forecast. Source link
Singapore’s Top Real-Estate Asset Managers Mull Merger That Could Create $150 Billion Entity
Temasek-owned Mapletree Investments and Singapore-listed CapitaLand Investment are considering a potential business combination, people familiar with the matter said. Source link
Opinion | The ‘Don’t Worry, Be Happy’ Market
AI, Trump, Taiwan, jobs, housing—there’s much to get worked up over these days. Source link
Opinion | Lawmakers and MMA Threaten Boxing
A new bill claims to be an extension of the Muhammad Ali Act, but it’s bad for fighters. Source link
Opinion | The New Right’s New Antisemites
Kevin Roberts of the Heritage Foundation flounders in the Tucker Carlson-Nick Fuentes fever swamps. Source link
OPEC and Allies Agree to Boost Oil Production, Then Pause
The move caps a dramatic month in oil markets, riven by concerns of a supply glut and uncertainty over sanctions on Russian producers. Source link