Global diesel prices set to rise again, warns IEA
Global shortage of fuel will last until mid-2027
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BlackRock pulls in $205bn to take assets to new record
World’s largest asset manager has become an increasingly powerful force in private capital after acquisitions of HPS and Global Infrastructure Partners
General Atlantic plans early 2027 IPO at up to $10bn valuation
Private capital group looks to fund ambitious expansion plan to keep pace with rivals Blackstone and Apollo Global
Crypto exchange Kraken owner to buy European bank
Payward is purchasing Lithuania’s Saldo Bank as it seeks to become broader financial services company
Houthis strike Saudi Aramco headquarters
Iran-backed militants retaliate after Riyadh-led coalition targets sites in Yemen’s capital
European oil refineries’ margins collapse as input costs soar
Slump in profits raises prospect of output cuts even as continent faces soaring prices for refined products