EQT Corp
Swedish private equity firm EQT sweetens Intertek bid to $12 billion
Swedish private equity firm EQT AB raised its bid to buy Britain’s Intertek to about 8.93 billion pounds ($12 billion) on Tuesday after the product testing firm rebuffed its previous proposals on grounds it undervalued the company. This is the third offer in three weeks EQT has made for Intertek after the British company turned […]
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European stocks open higher after Trump extends Iran ceasefire deadline
US President Donald Trump speaks during the NCAA Collegiate National Champions Day event at the White House in Washington, DC, on April 21, 2026. Brendan Smialowski | AFP | Getty Images LONDON — European stocks opened higher on Wednesday as traders assessed the Iran ceasefire extension and the prospect of further peace talks. By 8:50 […]
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‘Not unlike tariffs’: Iran war threatens to deepen Asia private equity’s worst fundraising slump in a decade
Blackstone Group’s logo on display during the opening of the company’s new office in Singapore. Munshi Ahmed | Bloomberg | Getty Images Since the pandemic, private equity funds focused on Asia have struggled to raise money, as the industry sat on massive unsold assets and idle dry powder. Signs of growing confidence began to emerge […]
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White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects
An aerial view of wind turbines at the Altamont Pass wind farm on January 13, 2026 in Livermore, California. Justin Sullivan | Getty Images The White House has agreed to pay TotalEnergies $1 billion to shelve East Coast wind farm projects that it condemned as “costly,” with the French energy giant’s investment set to be […]
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Asia wants more U.S. oil and gas to reduce Middle East dependence after Iran war, Burgum says
HOUSTON — Asian countries want to buy more U.S. energy to reduce their dependence on oil and gas exports from the Middle East, Interior Secretary Doug Burgum told CNBC on Monday. Japan, South Korea and Taiwan rely heavily on exports through the Strait of Hormuz. Oil tanker traffic through the strait has plunged as Iran […]
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Asia markets track losses on Wall Street, extending market rout on Iran war impact
Pump jacks operate in a field on March 11, 2026 in Gillett, Texas. Brandon Bell | Getty Images Asia-Pacific markets mostly declined Friday following volatile trading on Wall Street overnight as investors sold assets from government bonds to equities and metals amid the Iran war. Tehran attacked the world’s largest gas plant in Qatar, causing […]
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Elon Musk’s xAI wins permit to build power plant in Mississippi despite pollution concerns
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk’s xAI scored a victory in Mississippi, where regulators on Tuesday authorized the artificial intelligence company to build a power plant with 41 natural gas-burning turbines in the town of Southaven to power its nearby data centers. The Mississippi Department of […]
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Elon Musk’s xAI wants to build a power plant in Mississippi. Regulators plan a key meeting on Election Day
Elon Musk waves to the crowd during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. Denis Balibouse | Reuters With Elon Musk’s xAI planning to build a massive, natural-gas burning power plant in Southaven, Mississippi, the state’s environmental authority has scheduled a board meeting for Tuesday — Election Day […]
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There’s another energy market that may get hit harder than oil by Strait of Hormuz closure
A liquefied natural gas (LNG) tanker on a digital screen at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 20, 2025. Christopher Pike | Bloomberg | Getty Images Oil prices jumped Monday with traffic in the Strait of Hormuz at a near standstill, but the longer-term implications of the Strait’s closure may […]
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CNBC Daily Open: Trump promises insurance and protection for Gulf shipping
US President Donald Trump speaks during a meeting with Chancellor Merz (CDU) at the White House. Topics include the war in Iran, the tariff dispute between the EU and the USA, the Russian war of aggression against Ukraine and China policy. Kay Nietfeld | Picture Alliance | Getty Images What you need to know today […]
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