Abu Dhabi National Oil Company has sealed a long-awaited deal to create a $60bn global plastics company after agreeing to combine its petrochemical assets with those of Austria’s OMV.

UK rental prices rose at the slowest annual rate in more than three years in January as tenant demand eased, according to data that signals a softening in the prolonged squeeze on renters’ finances.

China’s leading electric-car maker BYD has pledged to “work together” with rival Tesla to combat petrol cars, while insisting that Beijing was “more open” to foreign business than the west.

Accenture’s ditching of its global DEI goals sees it reverting to type ( Report, February 8). In the early 1980s, when the consulting firm was still part of Arthur Andersen, it had a reputation on the ...

Reform UK’s leaders risk misreading the British electorate’s appetite for Trumpian policies on climate and Ukraine ...

Your article on BP’s strategic pivot away from certain renewable energy investments (Report, February 27) frames the clean energy transition as facing significant headwinds. While BP’s approach may ...

Also in today’s newsletter, Singapore probes suspected fraud in sales of US-controlled Nvidia chips, and 7-Eleven owner set to replace its leader ...

Opec+ said it will proceed with a plan to increase oil production from April, in an unexpected move by the cartel that sent crude prices tumbling. Saudi Arabia and seven other members of the Opec+ ...

FTSE Russell, which is owned by the London Stock Exchange Group and manages the blue-chip FTSE 100 and mid-cap FTSE 250, said securities trading in dollars and euros, for example, would be “considered ...

G7 allies froze about €300bn in Central Bank of Russia assets in 2022 after Moscow’s full-scale invasion of Ukraine, of which the vast majority — some €190bn — sit in Belgium’s central security ...

Donald Trump renewed his public attacks on Volodymyr Zelenskyy and dismissed efforts by European leaders to forge a common front with the Ukrainian president as the fallout from Friday’s White House ...

In parallel, they should expand the model pioneered by Denmark of financing production by Ukraine’s arms industry, which has transformed its capabilities since 2022. That could enable a big boost in ...