The focus will be on mining earth metals including lithium, zinc, copper and nickel, all crucial metals for battery-making.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Saudi Arabia’s Mammoth Public Investment Fund Turns Inward Just As One of the Country’s Top Allies Reclaims the White House.
Saudi Arabia’s Public Investment Fund (PIF) signaled on Tuesday that it’s dialing down its investments outside the kingdom’s borders.
Saudi Arabia, the biggest and most influential member of OPEC, is abandoning its goal of driving the price of an oil barrel up to $100.
White House officials are drafting plans to start a sovereign wealth fund that could invest in national security interests.
Fisker, the electric vehicle startup, filed for Chapter 11 bankruptcy Tuesday. The real surprise is that it stuck around as long as it did.
We check in on two planned smart cities in Saudi Arabia and Guyana to see if the future is any closer to arrival.
Why is Saudi Arabia spending a king’s ransom on sports? The Middle East powerhouse doesn’t care if you call it sportswashing.
A report released Monday by data platform Global SWF showed sovereign wealth spending in 2023 dropped 20% from the previous year.
OPEC+ now controls just 51% of the global oil market, good for the smallest share since the group’s creation in 2016.
Crude oil prices jumped to $89 a barrel as Hamas’s attack on Israel drove concerns of wider conflict across the oil-rich Middle East.
Energy prices are spiraling higher – what could it mean for 2024?
A portfolio doesn’t have to be just stocks and bonds. You can add something a little more fun, say your favorite vintage baseball cards.
Which way Trump will lean on the issue is difficult to say, though tech companies have worked hard to curry the incoming president’s favor.
California was already contending with a home insurance crisis due to unpredictable weather events. Then came this week’s fires.