The A$11.7 billion ($8.3 billion) acquisition of Qube Holdings Ltd. by a Macquarie-led group has given dealmakers in Australia a much-needed lift after a tricky 2025 and at least one big missed opportunity early this year.
J.H. Campbell, a coal plant in Michigan, was slated to close, but the federal government is keeping it open.
The Trump administration issued licenses allowing a handful of Western oil companies to operate in Venezuela, the latest step in a campaign to revive the country’s oil-dependent economy.
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