Tetra Pak Tycoons Slash US Stocks in $17 Billion Portfolio

Why everyone should pay more attention to Dangote. Why everyone should pay more attention to Dangote.

Earlier in August, it was reported that Nigeria’s Dangote Refinery secured a $1 billion underwriting for its upcoming stock market listing, which is set to become Africa’s largest IPO. Indeed, the whole the continent…

European stocks were subdued, with the macro outlook back in focus as traders looked to data for clues about the health of the region’s economy.

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on Bloomberg: The Opening Trade. (Source: Bloomberg)

European gas prices will likely need to rise above €100 ($117) a megawatt-hour in December for the continent to rebuild enough inventory to last the winter, according to Goldman Sachs Group Inc.

Iran’s oil shipments to Asia have all but dried up, driving the cost of those cargoes to the highest levels in years even before the US administration announces fresh moves to isolate Tehran and its trading partners.