Gucci has started selling new luxury sneaker models labelled “Made in China,” departing from its Italian manufacturing tradition. Some industry watchers warn the move could weaken the brand’s high-end image as it seeks to win back middle-class shoppers.
R
ReutersOriginal★★☆☆☆2026-09-24 14:10
Bentley’s first fully electric vehicle will test wealthy buyers’ appetite for luxury EVs. Its launch includes a €408 million investment in the Crewe factory and supports existing jobs as several high-end rivals delay or abandon electric-car plans.
EeuronewsOriginal★★☆☆☆2026-09-24 14:08
Bentley’s new Torcal is the brand’s first fully electric vehicle, a luxury SUV finished with pure Merino wool trim. Starting at £173,000 ($230,000) in the UK, it is also the automaker’s least expensive model.
Morgan Stanley moved quickly to limit the damage from a leaked deal list as clients demanded explanations and at least two regulators started assessing the possible consequences.
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Bloomberg NewsOriginal★★☆☆☆2026-09-24 14:00
Finance Watch has warned that online design tactics can steer consumers, retail investors and minors toward decisions that may not serve their best interests, while making information about possible risks less visible.
EeuronewsOriginal★★☆☆☆2026-09-24 12:48
The Bank of Russia is actively discussing the sale of a fairly large stake in the National Payment Card System and plans to begin consultations with potential buyers in October, Governor Elvira Nabiullina said. VTB says it is ready to purchase a 5% stake.
T
TASSOriginal★★★☆☆2026-09-24 12:47
MGM Resorts shares fell 10% on Thursday after People Inc, the company of media mogul Barry Diller, withdrew its proposal worth more than $18 billion to acquire the casino operator.
RReutersOriginal★★☆☆☆2026-09-24 12:40
Digital-asset investment firm RockawayX, which manages $2 billion, is launching a $150 million initiative to back and build projects that bring real-world yields into DeFi while providing them with liquidity.
C
CoinDeskOriginal★★☆☆☆2026-09-24 12:31
McDonald’s says it will invest $8.5 billion by 2036 in initiatives including restaurant remodels, retraining its 2 million employees and adding menu items aimed at people seeking high-protein options.
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CNNOriginal★★★☆☆2026-09-24 12:00
New electric-car sales in the European Union rose by nearly two-thirds in August 2026 from a year earlier, as fuel prices reached fresh records. German carmakers have struggled to benefit from the wider recovery in the EU market, while Chinese brands have been gaining ground.
EeuronewsOriginal★★★★☆2026-09-24 11:55
The Association of Tour Operators of Russia has formally appealed to Maldivian Tourism and Civil Aviation Minister Mohamed Ameen and notified Russia’s Economic Development Ministry about a new 17% goods and services tax. The association says the measure, effective October 1, 2026, could tax Russian operators’ margins twice and reduce the Maldives’ competitiveness as a premium destination.
TTASSOriginal★★☆☆☆2026-09-24 11:40
The head of Germany’s auto industry association VDA warned on Thursday that trade imbalances with China are widening. He said the EU can use measures to protect fair competition if violations of WTO rules distort markets.
RReutersOriginal★★★☆☆2026-09-24 11:35
Executives at Massumi + Consoli are betting that a new ownership model will let law firms attract partners through equity incentive plans.
F
Financial TimesOriginal★★☆☆☆2026-09-24 10:00
Bentley is entering the electric-vehicle market with its first EV, priced at $230,000, in a challenge to Ferrari. CEO Frank-Steffen Walliser says wealthy buyers are showing growing acceptance of EVs.
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CNBCOriginal★★☆☆☆2026-09-24 09:39
Tencent has launched a payments app aimed at helping overseas visitors navigate China’s largely cashless economy. The service is positioned as a rival to Alipay.
FFinancial TimesOriginal★★☆☆☆2026-09-24 09:34
Sales of Chinese-made hybrid cars in the EU have surged since Brussels imposed anti-subsidy tariffs on fully electric vehicles from China. The increase is alarming the European car industry and EU officials, who have asked China to voluntarily curb hybrid exports or face possible safeguards such as quotas.
TThe GuardianOriginal★★★★☆2026-09-24 08:34
Swedish fashion retailer H&M reported better-than-expected third-quarter operating profit on Thursday. CEO Daniel Erver said efforts to rein in costs and improve sourcing efficiency were starting to pay off, while sales remained sluggish.
RReutersOriginal★★☆☆☆2026-09-24 07:45
Mercedes-Benz plans to reduce labour costs in Germany by €800 million ($910.64 million), business news outlet WirtschaftsWoche reported on Thursday, citing three people familiar with the matter.
RReutersOriginal★★★☆☆2026-09-24 06:40
South Africa risks losing future vehicle production to Asian rivals as global automakers choose where to build the next generation of electric vehicles, executives say, despite a new government tax incentive designed to attract investment.
RReutersOriginal★★★☆☆2026-09-24 06:35
Miami’s ultra-luxury housing segment is thriving despite a broader market cooldown, with cash transactions taking the lead. UBS sees a lower risk of a housing bubble, while high-end brands including Bugatti and Porsche are entering the market.
CCNBCOriginal★★☆☆☆2026-09-24 06:19
Economists say Australians are “scrambling” to find extra work as living expenses and mortgage costs climb. Unemployment rose unexpectedly from 4.5% in July to 4.6% in August, its highest level since the pandemic, but analysts say the increase is unlikely to deter the Reserve Bank of Australia from raising rates again next week.
TThe GuardianOriginal★★★☆☆2026-09-24 06:12
With office vacancies in Kowloon East still high, the Planning Department has said it has no objection to a request to convert a commercial project to residential use. A consortium involving CSI Properties, Asia Standard International and property tycoon Cheung Chung-kiu has applied to rezone the Harbourside HQ office building at 8 Lam Chak Street, Kowloon Bay.
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South China Morning PostOriginal★★☆☆☆2026-09-24 06:00
Novo Nordisk CEO Mike Doustdar told CNBC that the company has reached a point where it can broaden its ambitions again, but investors remain unconvinced.
CCNBCOriginal★★☆☆☆2026-09-24 05:00
Turkish Airlines said on Wednesday that it would purchase 150 aircraft from Boeing, with deliveries scheduled between 2033 and 2037.
EeuronewsOriginal★★☆☆☆2026-09-24 04:47
Turkish Airlines has finalised a deal to acquire up to 150 Boeing 737 MAX jets. The agreement was completed in the presence of Turkish President Recep Tayyip Erdogan.
An accidental disclosure by a Hong Kong-based Morgan Stanley employee has alarmed the city’s banking industry, listed issuers and regulators, according to people familiar with the matter. A Tuesday email included a file detailing more than 100 Greater China deals in the pipeline, covering IPOs, private equity arrangements, pension fund positions and other projects.
SSouth China Morning PostOriginal★★☆☆☆2026-09-24 04:33
Europe’s car market continued to grow in August as demand for electrified vehicles offset a steep drop in petrol and diesel sales, according to data from the European Automobile Manufacturers’ Association.
RReutersOriginal★★☆☆☆2026-09-24 04:10
German auto executives and experts at the World New Energy Vehicle Congress 2026 in Haikou urged closer cooperation with China on NEVs, batteries, AI and automated driving. Speakers highlighted Germany’s engineering expertise and China’s innovation speed, digital ecosystems and battery technology, while calling for joint development and co-creation despite competition and geopolitical uncertainty.
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CGTNOriginal★★☆☆☆2026-09-24 03:21
A new Cardano governance proposal would reduce the minimum fixed pool cost from 170 ADA to 75 ADA and remove the SPO vote that blocked an earlier bundled attempt. DReps and the Constitutional Committee still must approve it. The lower floor could help small pools compete, but may reduce operator income; delegator gains depend on actual rewards and whether a pool lowers its fee.
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CryptoSlateOriginal★★☆☆☆2026-09-24 02:50
Two people briefed on the matter said hopes were waning for a new Chinese commitment to buy Boeing aircraft before Thursday’s summit between the US and Chinese presidents. Negotiations remained in flux on Wednesday.
RReutersOriginal★★★☆☆2026-09-24 02:40
The US has no diesel shortage, but Republicans’ prospects in the midterm elections appear to be worsening. That makes a diesel-export ban, despite being a poor policy, look increasingly likely.
BBloomberg NewsOriginal★★★☆☆2026-09-24 02:00
A diesel export ban promoted by President Donald Trump could send countries including Brazil and the UK scrambling to secure fuel. With the Iran war constraining global supplies, the measure risks pushing already near-record prices even higher.
US oil industry groups are opposing a proposed ban on diesel exports after the president signalled he may halt shipments abroad. They say there is no “silver bullet” for the fuel price crisis.
US ultra-low-sulfur diesel futures dropped 4% on Wednesday after Politico reported that the White House was preparing a 90-day diesel export ban. The Trump administration denied the report.
The Trump administration’s suggestion that it could ban or limit diesel exports has triggered an angry response from the US oil industry. Politicians are seeking to curb soaring energy prices before November’s midterm election, while critics warn that a ban would create supply problems and raise prices at home and abroad. The OECD says the global economy is weathering the energy shock better than expected, partly because of AI investment.
Experts say a diesel export ban would offer only temporary relief before prices climb again as refiners reduce production.
A White House official on Wednesday denied a report that the United States was preparing a 90-day diesel export ban to try to contain record fuel prices. Diesel is widely used by farms, trains and trucks.
The Trump administration is preparing a 90-day ban on diesel exports, Politico reported, citing five people familiar with the discussions. The proposal faces divisions within the administration and with the oil industry and is intended to lower energy prices weighing on Republicans ahead of the midterms.
Suspending foreign sales of the vital fuel may look beneficial in the short term, but the United States would soon suffer as a result.
European diesel prices are climbing as markets weigh the possibility that Washington could suspend overseas sales. Analysts warn that such a move would be “catastrophic” for global supplies.
People Inc, owned by media mogul Barry Diller, withdrew its proposal on Wednesday to buy all publicly held shares of MGM Resorts International. Shares of the casino operator fell 8% in extended trading.
RReutersOriginal★★☆☆☆2026-09-24 01:40
US business activity grew at its fastest pace in more than five years, with strong demand lifting new orders and employment across manufacturers and service providers.
BBloomberg NewsOriginal★★★☆☆2026-09-24 01:30
Monte dei Paschi CEO Luigi Lovaglio urged investors to support his strategy for defending the Italian bank against Intesa Sanpaolo’s takeover bid, even if they plan to tender their shares under the offer.
RReutersOriginal★★★☆☆2026-09-23 23:25
Petrobras may add the Sirius offshore gas project in Colombia to the production curve in its 2027-2031 business plan, due later this year, a company executive said on Wednesday.
RReutersOriginal★★☆☆☆2026-09-23 22:45
McDonald’s will replace its loyalty program with a tiered system, Chief Marketing Officer Morgan Flatley said Wednesday. The plan aims to distinguish more sharply between frequent and occasional customers and encourage more repeat visits.
RReutersOriginal★★☆☆☆2026-09-23 22:15
Private equity firm Hellman & Friedman is considering a sale of insurance software provider Applied Systems that could value the company at as much as $10 billion, according to people familiar with the matter.
RReutersOriginal★★☆☆☆2026-09-23 22:15
Disney+ has raised prices for the fourth time in four years, while Hulu also became more expensive. The standalone ad-free plans for both services, with 4K and HDR support, rose from $19 to $21.50 per month; their ad-supported plans increased from $12 to $12.50.
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Ars TechnicaOriginal★★☆☆☆2026-09-23 21:18
Disney is raising prices again for several streaming subscription tiers, taking the cost of its ad-free Disney+ and Hulu plans above $20.
Walt Disney Co. plans to raise prices for several streaming subscriptions, with customers potentially receiving notifications as early as Wednesday, according to people familiar with the matter. The Disney+ monthly fee is set to increase 13% to $21.49.
Cineplex says it is considering a potential sale while announcing former Landmark Cinemas head Bill Walker as its new CEO. The company says its board remains confident about its prospects but is evaluating all available options.
CCBC NewsOriginal★★☆☆☆2026-09-23 20:43
McDonald’s said Wednesday it will invest $8.5 billion over the next decade to modernize its restaurants worldwide, including adding more technology and hand-breaded chicken offerings.
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The Associated PressOriginal★★☆☆☆2026-09-23 20:00
Walmart’s Deal Days sale returns from Oct. 5 through 11, overlapping with Amazon’s Prime Big Deal Days, also known as October Prime Day. Discounts will cover beauty products, TVs, holiday gifts and more.
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NBC NewsOriginal★★☆☆☆2026-09-23 19:57
The family of French billionaire Bernard Arnault has announced plans to streamline LVMH’s ownership structure through Christian Dior, which is also owned by the family. Dior disclosed the plan in a statement on Wednesday.
RReutersOriginal★★☆☆☆2026-09-23 19:35
Shareholders of Caesars Entertainment voted to approve a multibillion-dollar merger with Fertitta Gaming. Once completed, the deal would create one of the largest gaming empires.
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ABC NewsOriginal★★☆☆☆2026-09-23 18:40
McDonald's is following Amazon and Walmart by launching its own media network and moving into the advertising business.
CCNBCOriginal★★☆☆☆2026-09-23 18:39
Trump’s meeting with Xi comes as U.S. automakers and lawmakers push to preserve restrictions on Chinese vehicles and manufacturers, potentially creating a difficult challenge for the American auto industry.
CCNBCOriginal★★★☆☆2026-09-23 18:36
Russia’s total gas production, including natural and associated petroleum gas, rose 3.4% year on year to 446.5 billion cubic meters in the first eight months of 2026, Rosstat said. Natural gas output reached 379 bcm, while LNG production increased 13.7% to 23.1 million tonnes and associated gas edged down 0.1%.
TTASSOriginal★★★☆☆2026-09-23 17:40
US business activity surged to its highest level in more than five years in September, driven by a sharp rise in new orders. Strong demand also strained supply chains and pushed prices higher.
RReutersOriginal★★★☆☆2026-09-23 17:40
Austria’s government said it will strengthen its so-called petrol price brake to cushion consumers from higher oil prices linked to the conflict in the Middle East, while restoring a cap on retailers’ margins that was scrapped in June.
RReutersOriginal★★★☆☆2026-09-23 17:35
Hollywood super-agent Ari Emanuel has accused funds of illegal anti-competitive conduct in connection with his effort to take Endeavor private, as billionaires push back against shareholders who bring lawsuits.
FFinancial TimesOriginal★★☆☆☆2026-09-23 17:27
Russia’s industrial output was unchanged year on year in January-August 2026, Rosstat reported, while August production fell 0.6% both from a year earlier and from July. Mining declined 1% over the period, manufacturing rose 0.4%, and other transport equipment manufacturing, including aircraft and shipbuilding, led growth at 18.6%.
TTASSOriginal★★★☆☆2026-09-23 17:07
Russia’s annual inflation was 6.22% as of September 21, according to a price situation review by the Economic Development Ministry. Prices rose 0.06% during September 15-21, with food up 0.09%, non-food goods up 0.04% and monitored services showing almost no change.
TTASSOriginal★★★☆☆2026-09-23 16:52
Russia’s inflation rate was 0.06% in the week from September 15 to 21, up from 0.02% the previous week, Rosstat reported. Consumer prices have risen 0.13% since the start of September and 4.81% since the beginning of the year. Annual inflation stood at 6.24% as of September 21.
Russian exports to Egypt increased 15.6% year on year in the first seven months of 2026 to $5.9 billion, Deputy Industry and Trade Minister Roman Chekushov said. Officials discussed streamlining trade procedures, a possible free trade agreement, new logistics routes and localizing Russian companies in Egypt’s Suez Canal Economic Zone.
TTASSOriginal★★★☆☆2026-09-23 16:27
The Russian operations of Auchan, Nestlé, Lemana PRO, formerly Leroy Merlin, and FM Logistic have all received new leaders after Vladimir Putin placed their assets under temporary management. The appointments include Denis Isayev, Yevgeny Nenashev, Ilya Berdnikov and Denis Voityuk. Reports also detailed their links to state agencies and political figures.
MMeduzaOriginal★★★☆☆2026-09-23 16:21
A Morgan Stanley staffer accidentally emailed an internal document listing more than 100 investment-banking deals the firm is pitching or monitoring in Asia. The employee later tried to retract the message.
BBloomberg NewsOriginal★★☆☆☆2026-09-23 15:54
US-listed Bitcoin ETFs attracted more than $1.7 billion this week, reversing a $5.69 billion year-to-date deficit. BlackRock’s IBIT captured a large share of the buying, but Bitcoin’s climb toward $88,000 prompted short-term holders to send about 47,600 profitable BTC to exchanges. The resulting profit-taking has slowed the rally despite continued ETF inflows.
CCryptoSlateOriginal★★☆☆☆2026-09-23 15:10
Taipei-based TCC Group Holdings has approved a deal worth up to €750 million to acquire all shares in Ivano Frankivsk Cement and three related companies through its Dutch subsidiary. Pending regulatory approval in Taiwan and Ukraine, the purchase would be one of the largest wartime private investments in Ukraine’s cement sector and support reconstruction capacity.
TThe Kyiv IndependentOriginal★★★☆☆2026-09-23 13:45
Coal deliveries to Russia’s domestic electric power sector are projected to grow by nearly 30% by 2050 under a government-approved development program for the coal industry. Supplies are expected to reach 90–100 million tons by 2030 and 85–125 million tons by 2050, compared with 95.4 million tons in 2024.
TTASSOriginal★★★☆☆2026-09-23 13:42
Under the target scenario of the government-approved coal sector development program, Russia’s coal production is projected to grow from 442 million tons in 2024 to 662 million tons in 2050. Domestic supplies are expected to increase from 179 million tons to 231.7 million tons over the same period.
Russia’s government-approved coal-sector development program projects exports will rise from 197.6 million tons in 2024 to 350.1 million tons in 2050 under its target scenario. Exports are forecast at 266.7 million tons in 2030 and 320.2 million tons in 2036, while imports are planned at 13 million tons in 2030 and 12 million tons in both 2036 and 2050.
Under the target scenario in the government-approved revised coal-sector development program, Russia’s share of global coal exports is projected to rise from 13% in 2024 to 27% by 2050. The industry could contribute 3.6 trillion rubles to nominal GDP, while specific air-pollutant emissions fall to 1.5 kg per ton of output.
The union representing supervisors at BHP’s Escondida copper mine in Chile says it will urge members to reject the company’s latest contract proposal, bringing a strike at the world’s largest copper mine closer.
RReutersOriginal★★☆☆☆2026-09-23 13:25
The Canadian government views Mexico as a growing tourism market and expects visits to increase by 40% over the next four years, reaching nearly half a million visitors who spend about $1 billion annually by 2030. A tour operator says Canada’s visa requirements constrain that potential.
CCBC NewsOriginal★★☆☆☆2026-09-23 13:11
Nearly $18 billion in bitcoin and ether options are set to expire Friday. The settlement could reshape dealer hedging flows and drive short-term volatility, with bitcoin’s roughly $16 billion quarterly book weighted heavily toward call options.
CCoinDeskOriginal★★☆☆☆2026-09-23 13:02
MoonPay plans to acquire SEC-registered North Capital in an all-stock transaction valued at $60 million. CEO Ivan Soto-Wright said the deal will support the company’s push for mass adoption of tokenized real-world assets.
CCoinDeskOriginal★★☆☆☆2026-09-23 13:00
A Visa study says U.S. consumers’ intent to adopt stablecoins would rise from 36% to 56% if they came with hypothetical bank-level consumer protections.
TThe BlockOriginal★★☆☆☆2026-09-23 13:00
British retail and funerals group Co-op reported a wider first-half loss after increasing spending on promotions and store improvements. It expects those investments to help deliver a much stronger second half of 2026.
RReutersOriginal★★☆☆☆2026-09-23 12:15
Hainan authorities plan to intensify efforts over the next five years to build the island into a leading international tourism and consumption hub. The plan emphasizes shopping, wellness, maritime, cultural and sports tourism, and targets 154 million Chinese and international visitors and 363 billion yuan in spending from 2026 to 2030.
TTASSOriginal★★★☆☆2026-09-23 12:13
McDonald’s plans to invest heavily in restaurant upgrades and training as it seeks to drive growth. The initiatives are part of the fast-food giant’s new strategy, called McDonald’s > NEXT.
CCNBCOriginal★★☆☆☆2026-09-23 12:02
Türkiye and the UK are negotiating an expanded trade framework, with services and the digital economy at its center. Bilateral trade between the two countries reached $38 billion in 2025.
TTRT WorldOriginal★★★☆☆2026-09-23 11:51
The EU is nearing bilateral trade agreements with several Southeast Asian countries and could have deals with six of ASEAN’s 11 members by mid-next year. Yet an EU-ASEAN bloc-to-bloc agreement remains distant. Trade reached €274.9 billion last year, while geopolitical tensions, supply-chain diversification and the EU’s de-risking strategy toward China are driving closer ties.
DDWOriginal★★★★☆2026-09-23 11:49
Airtel Money, the African mobile-money arm of Airtel Africa and ultimately controlled by Indian billionaire Sunil Bharti Mittal, plans to raise about $800m in a London IPO at a targeted valuation of $8bn to $9bn. The listing would be a major boost for the struggling UK market. The company has 53 million monthly active users across 13 sub-Saharan African countries.
TThe GuardianOriginal★★★☆☆2026-09-23 11:08
dnata’s new Group CEO, Nabil Sultan Al Murr, says consumer habits are changing rapidly, from the rise of AI-powered travel offers to stronger demand for ski holidays, cruises and food experiences.
EeuronewsOriginal★★☆☆☆2026-09-23 11:02
Russian flour exports are forecast at 528,000 metric tons worth $162 million in 2026, broadly matching 2025 levels of 529,000 tons and $163 million. Flour output this year is projected at 9.487 million metric tons, while wheat and rye harvests are expected to reach 88.5 million and 900,000 tons, respectively.
TTASSOriginal★★☆☆☆2026-09-23 10:45
L&G plans to eliminate 1,000 jobs as part of a broader restructuring effort led by chief executive António Simões at the FTSE 100 group.
FFinancial TimesOriginal★★★☆☆2026-09-23 10:33
Authorities in Turkey took Tera Yatirim Menkul Degerler AS’s chair into custody on Wednesday morning. The brokerage is central to the country’s ongoing investment-fund scandal; more than $18 billion (€15.7 billion) belonging to over 450,000 people is currently being liquidated.
EeuronewsOriginal★★★☆☆2026-09-23 10:33
JD.com, Alibaba (China) Co., Ltd. and Hengli Group Co., Ltd. ranked as China’s top three private enterprises in a list released by the All-China Federation of Industry and Commerce in Tianjin. The 500 companies reported combined 2025 revenue of 44.93 trillion yuan, up 4.35% year on year, with 110 exceeding 100 billion yuan in annual revenue.
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China News ServiceOriginal★★☆☆☆2026-09-23 10:26
AT&T is eager to show Wall Street it can accomplish more with fewer resources. The push involves employing fewer people, using less electricity, and expanding automation.
WWIREDOriginal★★☆☆☆2026-09-23 10:15
British business activity slowed this month while inflationary pressure intensified, according to a survey. The backdrop poses a challenge for Finance Minister John Healey ahead of his first budget next month.
RReutersOriginal★★★☆☆2026-09-23 09:40
Euro zone business activity accelerated this month at its fastest pace in more than three years, a survey showed, defying expectations of a slowdown. Companies nevertheless faced a sharper increase in operating costs.
RReutersOriginal★★★★☆2026-09-23 09:05
Todd Boehly has formed a consortium to bid for the foreign assets of sanctioned Russian oil producer Lukoil, the Financial Times reported, citing sources. The group includes the U.S. DFC, Emirati and Qatari partners with ties to the Trump family, and is reportedly at an advanced stage. Boehly is seeking to outbid Carlyle, whose earlier agreement still awaits Washington’s approval. Lukoil’s foreign holdings are valued at about $20 billion.
MMeduzaOriginal★★★☆☆2026-09-23 08:42
Billionaire financier Todd Boehly has secured backing from US and Gulf power brokers to bid for the international assets of Russia’s Lukoil.
Billionaire Todd Boehly has won support from the US government and Gulf power brokers linked to the Trump family for his bid to acquire the international assets of Russian oil giant Lukoil, the Financial Times reported on Tuesday.
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