Category: Business

Civitas Resources Inc., an oil and gas explorer that has been weighing a sale, is considering a merger with Permian Basin rival SM Energy Co., according to people familiar with the matter. Source: Bloomberg Markets.

Shell Plc is preparing to resume preliminary work on a Venezuelan offshore gas field to supply neighboring Trinidad and Tobago, as its confidence grows that the Trump administration will issue a new license exempting the project from sanctions, according to people familiar with the matter. Source: Bloomberg Markets.

White sugar’s premium over the raw variety flirted with lows last seen in February as reduced buying by Pakistan hurts demand at a time when global supplies are forecast to improve. Source: Bloomberg Markets.

Security services group Verisure Plc’s initial public offering has raised €3.2 billion ($3.72 billion), cementing Stockholm as the busiest European exchange for companies seeking to go public this year. Source: Bloomberg Markets.

Protesters in Ecuador hurled rocks at the motorcade transporting President Daniel Noboa, angry over his government’s decision to end a diesel subsidy last month, but he was not harmed. Source: Bloomberg Markets.

The UK’s steel sector warned of a potentially existential crisis after the European Union proposed raising tariffs to shield its own ailing sector. Source: Bloomberg Markets.

Sweden’s EQT, one of the world’s biggest private equity firms, has unveiled its succession plan. Jean Eric Salata will succeed founder Conni Jonsson as chair at the next shareholder meeting in May. Salata is EQT’s current Asia chief, and his appointment highlights the firm’s deepening commitment to Asia. Jonsson and Salata join Bloomberg’s Guy Johnson…

Banco Sabadell SA is asking Spain’s securities market supervisor to demand extra disclosures from certain investors who accept BBVA SA’s €16.8 billion ($19.7 billion) offer to acquire it. Source: Bloomberg Markets.

Aware Super, one of Australia’s largest pensions, confirmed plans to merge with smaller rival TelstraSuper to form a A$235 billion ($156 billion) fund. Source: Bloomberg Markets.

Christine Lagarde suggested the European Central Bank has circled in on its inflation target and expects the economy to pick up in 2026. Source: Bloomberg Markets.