Abu Dhabi’s Adnoc in deal talks over oil refinery at centre of US sanctions
UAE energy giant emerges as frontrunner to buy Russia’s controlling stake in Serbia’s sole oil-processing facility
Economic news
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BoJ governor says economy has weathered Trump’s tariffs
Kazuo Ueda’s comments feed market expectations of an interest rate rise at next week’s meeting
EU limits scope of contested supply chain law
Brussels cuts number of companies forced to comply and removes clause on climate plans for business
Restructuring pushes Thyssenkrupp towards steep annual loss
Deep cuts at its steel division and weak demand weigh on German industrial heavyweight
Debate about the Fed’s balance sheet is heating up
A shake-up of the ample reserves framework cannot be ruled out as the Fed’s leadership baton is passed