ENERGY

Biden pauses approval of new LNG export projects in win for climate activists

President Joe Biden paused pending approvals of exports from new liquefied natural gas projects on Friday, a move cheered by…

Judge refused to let Binance founder Zhao travel to UAE despite his offer to use equity as security

A federal judge last month rejected a request by Binance founder Changpeng “CZ” Zhao to travel to his home in…

Yellen to step up campaign touting Biden’s economic record

The Biden administration is dispatching U.S. Treasury Secretary Janet Yellen to Chicago and Milwaukee this week as part of a…

Saudi Arabia’s sovereign wealth fund overtakes Singapore’s GIC to top spending table

Saudi Arabia’s Public Investment Fund (PIF) was the top spender among global sovereign wealth funds last year, accounting for about…

Putin makes rare visits to the UAE, Saudi Arabia to talk strengthened relations, Israel-Hamas war

DUBAI, United Arab Emirates — Russian President Vladimir Putin arrived in Riyadh on Wednesday evening local time, Russian state media…

Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report

LONDON — Manchester United will next week announce that British petrochemicals billionaire Jim Ratcliffe will take a 25% stake in…

Goldman Sachs says the Israel-Hamas war could have major implications for Europe’s economy

The Israel-Hamas war could have a significant impact on economic growth and inflation in the euro zone unless energy price…

Bank of England governor says Israel-Hamas conflict poses risks to inflation fight

Bank of England Governor Andrew Bailey said Thursday that the ongoing Israel-Hamas war poses a potential risk to the bank’s efforts to…

Sam Bankman-Fried’s lawyers reveal his planned testimony in FTX fraud trial

Lawyers for Sam Bankman-Fried late Wednesday revealed details of his planned testimony if he takes the witness stand at his…

A price cap on Russian oil aims to starve Putin of cash. But it’s largely been untested. Until now

For months after Ukraine’s Western allies limited sales of Russian oil to $60 per barrel, the price cap was still largely symbolic.…