Thursday, 13 February 2025
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Manya Saini

FILE PHOTO: Morning sunlight falls on the facade of the New York Stock Exchange (NYSE) building in Manhattan in New York City, New York, U.S., January 28, 2021. REUTERS/Mike Segar/File Photo
BusinessEconomyElectricityFuelNewsPolitics

Venture Global aims for $64 billion valuation at debut in test for energy IPOs

Venture Global's shares were indicated to open up to 6% above their offer price in their debut on the New York Stock Exchange...

FILE PHOTO: Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectionsFuelLiquefied Natural GasNews

LNG exporter Venture Global cuts target valuation for US IPO to $65.3 billion

LNG exporter Venture Global has significantly reduced the valuation it was seeking for its U.S. initial public offering.

The wind whips embers while firefighters battle the fire in the Angeles National Forest near Mt. Wilson as the wildfires burn in the Los Angeles area, during the Eaton Fire in Altadena, California, U.S. January 9, 2025. REUTERS/Ringo Chiu
ClimateEnvironmentNewsResiliencyWeather

US insurers slump as Los Angeles wildfire loss estimates hit $20 billion

Insurers are expected to face catastrophe-related claims worth billions of dollars from the LA wildfires.

People walk past a WeRide autonomous driving robobus near its office in Guangzhou, Guangdong province, China May 11, 2021. REUTERS/Yilei Sun/ File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s WeRide raises $440.5 million through US IPO, placement

Self-driving firm WeRide reached a $4.21B valuation after raising $120M in its U.S. IPO, benefiting from eased regulations.

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