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Finance & Markets

Bankers in Failed Firmus IPO Probed by Australian Regulator

Australia’s corporate regulator is seeking information from investment banks on the failed Firmus Grid Ltd. initial public offering earlier this month, stopping short of opening a formal investigation into the matter.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Oil Refineries Become Prime Targets as Global Fuel Shortage Worsens

Ten years ago, European countries were closing refineries while Gulf oil states were building new ones. Now, many of these refineries have been damaged in the war between the U.S.

  • Global fuel shortage worsens, targeting oil refineries
  • U.S.-Israel war and Iran's retaliation damage refineries
  • Russia's production up 25%, but supply crisis persists

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