ENERGY

Saudi Arabia keep pace with its mega-project spending spree?

Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM In Saudi Arabia’s northwestern desert, a sprawling…

Buy the postelection dip in renewable energy stocks amid ‘unrelenting’ demand for power, UBS says

Advertisement The recent sell-off in renewable energy stocks might be an opportunity to get in cheap, analysts at UBS said…

Billionaire Gautam Adani charged fraud, bribery in New York

Gautam Adani, chair of Indian conglomerate Adani Group, addresses a gathering during the Vibrant Gujarat Global Summit 2024 in Gandhinagar,…

Trump picks oil industry CEO Chris Wright as Energy secretary

US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC, U.S.…

Foreign investors flock to flagship Saudi economic conference

A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative…

Fed rate cuts should favor preferred stocks, Virtus fund manager says

One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as…

These 2 sectors of the stock market are poised to benefit most if Trump wins in November, RBC says

Advertisement A Donald Trump win in November could be the best outcome for stocks, and two sectors in particular would…

Saudi investment minister touts green shoring on path to diversification

Khalid Al-Falih, Saudi Arabia’s investment minister, during the Bloomberg New Economy Forum in Singapore, on Wednesday, Nov. 8, 2023.  Bloomberg…

South Dakota opts out of Inflation Reduction Act energy rebates

Owngarden | Moment | Getty Images A handful of states have rolled out rebates to consumers who make their homes…

Saudi Arabia slashes growth forecasts, sees wider budget deficits

Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia cut its growth forecasts and raised its budget deficit…