RIYADH/DUBAI (Reuters) - Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritize completing elements essential to hosting global sporting events over the next decade as rising costs weigh, three sources told Reuters a day after the sudden departure of the project's longtime CEO. Crown Prince Mohammed bin Salman, known as MbS, has poured hundreds of billions...

Nov 13 (Reuters) - NTPC Green Energy set a price band on Wednesday for its initial public offering (IPO), targeting a valuation of as much as $10.8 billion in what is set to be India's third-largest IPO this year, though analysts raised concerns on the aggressive pricing. The company set a price band of 102-108 rupees per share, aiming to...

Deep-pocketed investors have adopted a bullish approach towards Mastercard ( MA ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MA usually suggests something big is about to happen. We gleaned this information from...

02:02 PM EST, 11/13/2024 (MT Newswires) -- Shell (SHEL) is looking to sell a majority stake in its portfolio of carbon offset projects amid a market contraction in the sector, Bloomberg reported Wednesday. While a number of options are under consideration, the current plan is for the oil major to retain a minority stake, the report said citing a company...