Middle East IPOs fall by a third as post-pandemic boom fades
Companies in the region have raised $6.5bn this year so far, down from $9.9bn in 2024
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Big US banks add $600bn in value as deregulation spurs gains
Moves to allow higher leverage and overhaul stress tests have driven increase in market capitalisation
BP sells majority stake in $10bn lubricants division as part of ‘reset strategy’
The UK oil and gas major is stepping up asset sales under new chair Albert Manifold
South Korea offers tax breaks on overseas stock sales to stem currency’s slide
Authorities seek to rein in craze for US equities that has weakened won’s value against dollar
Tech groups shift $120bn of AI data centre debt off balance sheets
Creative financing helps insulate Big Tech while binding Wall Street to a future boom or bust
EU spent less on US energy after $750bn Trump trade deal
Member states’ spending on US oil and gas fell 7 per cent over the past four months