Funding & Business
World Must Spend $540 Billion a Year Looking for Oil and Gas, IEA Says
The world needs to spend some $540 billion a year looking for oil and gas to maintain current output by 2050, according to the International Energy Agency.
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Orion Breweries Ltd. set its initial public offering price at the top of the range after its shareholders boosted the number of shares to sell.
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“The future of IG private credit is really in partnership with the banks — no doubt about it,” Apollo Global Management Inc. President Jim Zelter said in an interview with Bloomberg. Apollo has 12 origination partnerships with banks, according to Zelter, in addition to its own deal-sourcing teams. Those include tie-ups with BNP Paribas SA, Citigroup Inc., Standard Chartered Plc, and others that are “private, or have not been announced, but still very active,” he explained in an interview with Fr
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Anglo American Plc signed an agreement with Chile’s state copper company Codelco to jointly develop their adjacent mines near Santiago in a bid to boost production without major investments.
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