“Plenitude” sounds a bit like what might happen if you combined Eni with platitudes. As with most corporate rebrands, the $50 billion Italian oil group’s new name for its green arm, which means “abundance”, is indeed slightly trite. But the wider initial public offering may influence investor attitudes to how oil companies decarbonise.
Editing by Neil Unmack and Oliver TaslicReuters Breakingviews is the world's leading source of agenda-setting financial insight.
As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
EXCLUSIVE: ABG Sells Equity Stake, Delays IPOAuthentic Brands Group is postponing its planned initial public offering thanks to a couple of new deep-pocketed partners.
Lire la suite »
Saudi bourse operator Tadawul sets price range for up to $1 bln IPOSaudi Tadawul Group, the kingdom's stock exchange operator, has set an indicative price range for its initial public offering which shows it could raise up to 3.78 billion riyals ($1.01 billion) in the deal.
Lire la suite »
Shell mulls a breakupA boon for global Britain, Shell’s move back to the UK could come at a cost to global warming
Lire la suite »
The Comic Book Industry’s Next Page-Turner: Union OrganizingProduction and edit staff at Image, publisher of ‘Spawn’ and ‘The Walking Dead’ series, unveiled plans to unionize in what could be a test case watched by employees at larger companies.
Lire la suite »
Thanksgiving Is On, and So Is the Hunt for IngredientsConsumers are going big with Thanksgiving dinner this year after last year’s scaled-back celebrations—and fuller shopping carts are putting grocery chains to the test
Lire la suite »
Botched covid-19 test results in Britain led to thousands of extra casesBritain’s Health Security Agency closed down a lab that sent out false-negative results. Afterwards, the region’s reported case rate soared
Lire la suite »