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Over the past three decades, American investor A. Gary Klesch has amassed a portfolio of struggling steel mills, aluminum smelters, chemical plants and oil refineries, betting he could squeeze value from businesses their previous owners no longer wanted.
We haven't written up this one. Financial Post has the full story — the link below goes straight to it.
Arabian Post Staff -Dubai Abu Dhabi National Oil Company has warned that sustained attacks on its vessels, employees and assets are significantly disrupting operations as insecurity in the Strait of…
Nigeria’s total public debt rose marginally to N159.35 trillion as of March 31, 2026, from N159.28 trillion at the end of December 2025.
A diesel squeeze spurred by wars in the Middle East and Ukraine is setting the stage for an even worse crunch as demand rises ahead of the Northern Hemisphere winter.
A fire was sparked at Russia’s Ilsky oil refinery in the southern Krasnodar region by Ukrainian drone debris, injuring five people, the regional task force said on Saturday, as Russia and Ukraine…
Nigeria spent N3.14 trillion servicing its domestic debt obligations in the first quarter of 2026, representing a 20.3% increase from the N2.61 trillion recorded in the corresponding period of 2025.
A minority see a case for raising rates after the US central bank held its July benchmark rate steady, policymakers suggest
