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Sources said Siemens Energy's supervisory board will hold a special meeting on Aug 25 to discuss a possible spin-off or restructuring of its industrial business.

2026-08-05

Sources said Siemens Energy's supervisory board will hold a special meeting on Aug 25 to discuss a possible spin-off or restructuring of its industrial business.

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2026-08-05

India may levy charges on cooking gas and natural gas users to help fund a planned $42 billion strategic fuel reserve, two sources said, after supply disruptions from the war in Iran. The plan would extend strategic reserves beyond crude to cover rou

India may levy charges on cooking gas and natural gas users to help fund a planned $42 billion strategic fuel reserve, two sources said, after supply disruptions from the war in Iran. The plan would extend strategic reserves beyond crude to cover roughly two months of crude and LNG demand and about six weeks of LPG consumption. Funding for LPG and gas storage infrastructure would be raised via user levies expected to yield about $1.5 billion a year. The oil and gas ministry is considering an LPG charge of INR1.29/kg—projected to raise about $460 million annually and add roughly INR18 to a standard household cylinder—and a natural gas charge of INR1.43 per standard cubic meter—projected to raise about $1 billion a year.
2026-08-05

JPMorgan Chase raised its price target for AMD (AMD.O) from $385 to $550.

JPMorgan Chase raised its price target for AMD (AMD.O) from $385 to $550.
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