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Group surprises with quarterly net profit of $32.6bn despite production volumes falling

World’s largest oil company in race to build supply chain for metal vital for batteries to power electric cars

Middle East’s biggest media group withdraws report on Yahya Sinwar after regional backlash

Ferrovial selling holdings after 17 years

Long-stalled project among a flurry of glitzy real estate deals designed to attract investors and tourists

The tour is also tapping private equity as it seeks to attract new audiences worldwide

Once considered a cash cow by dealmakers, PIF has slowed spending on global investments, bankers say

UN land conference in Riyadh overruns as poorer countries push for binding outcome

US-based Niantic is selling its games business as part of a pivot to artificial intelligence

Public Investment Fund has stumped up $200mn as a seed investor in SSGA’s Europe-listed bond fund