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BP sells stake in motor oil arm Castrol for $6bn

[ad_1] BP has struck a $6bn (£4.4bn) deal to sell a majority stake in its motor oil division, Castrol, to a US investment firm. The oil giant sold a 65% stake in Castrol, which makes lubricants for cars, motorcycles and industrial vehicles, to New York-based Stonepeak. The deal valued Castrol at $10.1bn (£7.5bn), with BP…

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Carbon Credits: $82bn at stake for Ghana, other African countries – UNECA

[ad_1] Ghana and other African countries could potentially generate around $82 billion annually from carbon credits, as indicated by the United Nations Economic Commission for Africa. The commission is urging African member states, currently convening at the 2023 United Nations Climate Change Conference COP 28 in Dubai, to establish a fully-fledged carbon market. This market…

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    Sir Jim Ratcliffe ‘is set to make ending the row between Erik ten Hag and Jadon Sancho a priority upon buying 25 per cent stake in Man United’… as the billionaire prepares to take charge at Old Trafford

    [ad_1] The INEOS billionaire is on the verge of completing the deal for a minority stake £70m man Sancho hasn’t featured under Ten Hag since the start of the season Pochettino acted like he was denied entry to a nightclub – It’s All Kicking Off By Tamara Prenn For Mailonline Published: 18:28 EST, 14 November…

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    Braga stake bought by PSG owners: What does QSI purchase mean for Portugal’s ambitious Champions League challengers?

    [ad_1] Braga have taken three points from their first two Champions League matches, securing a late win over Union Berlin last time out after losing to Napoli Paris St-Germain’s dominance of French football and push for European success has been powered by the huge financial force of Qatar Sports Investments, the state-backed vehicle which took…

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      Is Sir Jim Ratcliffe’s investment good news for Manchester United? YOUR COMMENTS as the INEOS boss is set to take control of a 25 percent stake of the club… but will leave the Glazers in charge at Old Trafford for now

      [ad_1] Football fans have questioned Sir Jim Ratcliffe’s decision to buy a 25 percent stake of Manchester United, which will see the Glazers remain in control of the club. The petrochemicals billionaire, a boyhood United fan, initially lodged a bid for a majority stake in the club when the Glazers announced last November that they…

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