Why oil and gas M&A is ‘losing steam’
After a record two years of merger and acquisition activity, things have slowed down
Economic_News
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FCA opens UK investigation into Drax annual reports
Probe follows allegations made by energy group’s former top lobbyist
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Australian miner also targeting equity stakes in US magnet makers as governments try to build capacity in critical minerals
New Zealand wealth fund bets European stocks will beat US over coming decade
Move by world’s best performing SWF signals asset owners’ loss of confidence in long-term outlook for US equities
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Western efforts to create a rival supply chain and break Beijing’s dominance will come up against challenges of cost and scale