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News
Elliott has a stake in French giant Air Liquide

The activist is pushing the company to improve profit margins.

Aug 31, 2026 · Staff
Originally on Wedgetail
News
US-Venezuela oil deal promises a windfall. But, Venezuelans ask, for whom?

Venezuela has the world's largest proven oil reserves. But schools, hospitals, infrastructure, and pensions have seen little investment in recent year...

Aug 31, 2026 · Staff
Originally on Wedgetail
News
UAE's Sheikh Tahnoon backs domestic and US stablecoins

The deputy ruler of Abu Dhabi is a major shareholder in the holding company of a new US bank linked to World Liberty Financial.

Aug 31, 2026 · Staff
Originally on Wedgetail
News
Iran war widens split in Gulf stock markets

Dubai and Qatar have fallen as they remain more exposed to the Strait of Hormuz closure, while Saudi Arabia and Oman have performed positively.

Aug 31, 2026 · Staff
Originally on Wedgetail
News
UAE investigates Egyptian bank targeted by US sanctions

The UAE’s Central Bank launched a probe into the local branches of Egypt’s Banque Misr over potential links to Iran.

Aug 31, 2026 · Staff
Originally on Wedgetail
News
Gold price slips as Mideast tensions stoke Fed hike bets

Rising oil prices revive inflation concerns and rate-hike bets, offsetting support from Treasury bond buybacks.

Aug 31, 2026 · Staff
Originally on Wedgetail
News
Israel signs $3.5 billion air defense deal with Greece

Israel and Greece signed a €3 billion ($3.5 billion) defense deal on Monday under which Israel will build a multi-layered air defense system for Greec...

Aug 31, 2026 · Staff
Originally on Wedgetail
News
Smackover seals 10-year lithium-supply deal with LG Energy

The Arkansas-based producer will supply LG with 8,000 metric tonnes of battery-grade lithium for ten years.

Aug 31, 2026 · Staff
Originally on Wedgetail
News
Defense Metals drills 6% rare earths in British Columbia

Results bolster Wicheeda’s potential as one of Canada’s more advanced and accessible projects pursuing rare earths.

Aug 31, 2026 · Staff
Originally on Wedgetail
News
Sri Lanka’s Luxury Property Boom Is Outrunning Its Regulations 

As Colombo's luxury towers rise, the laws and institutions meant to oversee them lag far behind. Financial history shows that rarely ends well.

Aug 31, 2026 · Staff
Originally on Wedgetail
News
Valterra bets on China platinum demand surge

China’s push into hydrogen-powered freight trucks could deliver a fresh wave of demand for the metals.

Aug 31, 2026 · Staff
Originally on Wedgetail
News
Nigeria restored to FTSE Russell Index

The country was dropped from the index, which measures equities in frontier markets, following concerns about the ability to repatriate earnings.

Aug 31, 2026 · Staff
Originally on Wedgetail