UAE investment firm buys US-based Traverse Midstream for $2.25bn

RobertGok -
UAE-based investment company 2pointzero Group PJSC has reached an agreement to buy US firm Traverse Midstream Partners LLC for $2.25bn. According to a press release...

China has consolidated its leadership in shipbuilding, followed by Korea and Japan-Experts Club

RobertGok -
In 2025, China has retained the first place in the world in shipbuilding in three key indicators at once - output (ships delivered), new...

Bitcoin fell to $66.2k after trying to consolidate above $70k.

RobertGok -
The week for the crypto market was uneven and nervous. In the middle of the week, bitcoin managed to return to the $70,000 mark...

Bloomberg: Russia doubles oil export revenues in three weeks

Георгий Милославский -
Russia is making its biggest profit from oil exports since the start of a full-scale war against Ukraine and is capitalising on the war...

Apollo Global Management buys Nippon Sheet Glass for $3.7 billion

RobertGok -
International investment company Apollo Global Management has entered into an agreement to acquire Japanese glass manufacturer Nippon Sheet Glass for $3.7bn, Apollo said in...

Xiaomi’s net profit down 27%

RobertGok -
Chinese consumer electronics and electric vehicle maker Xiaomi saw its net profit fall 27.3 per cent in the fourth quarter of 2025, as the...

Demand for cow dung and firewood has increased in India due to gas shortages

RobertGok -
In India, demand for traditional fuels, in particular firewood and dried cow dung, is growing amid an acute shortage of LPG. The reason for the...

The US has issued a temporary authorisation to buy Iranian oil on tankers at sea

Георгий Милославский -
The US Treasury Department on 20 March said it was issuing a temporary permit for the supply and sale of Iranian crude oil and...

ByteDance to sell game developer Moonton to Saudi Savvy Games for $6bn

RobertGok -
Chinese company ByteDance, the owner of popular video service TikTok, has agreed to sell video game developer Shanghai Moonton Technology to Saudi Arabia's Savvy...

Serbia’s economic growth in 2026 may slow to 2.75 per cent due to the crisis in the Middle East

RobertGok -
According to a Serbian economist, Serbia's economic growth in 2026 could be around 2.75%, but this scenario depends largely on the further development of...
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