Investing for babies involves knotty trade-offs

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Stock Market Week Ahead: Chips, Cybersecurity And Jobs

With the Nasdaq trading sideways since early June and the S&P 500 just 1% above its June 2 high, the stock market winds down a highly unusual earnings season and heads into September. As of Friday, FactSet reported that 488 of the 503 S&P 500 stocks had served up their most recent quarterly earnings. Some 85% of the companies reporting… Copyright 2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Sonatrach-Ronesans: Final Investment Decision for Polypropylene Project in Turkey

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Published: Monday, September 9, 2024 Sonatrach and its Turkish partner Ronesans Holding announced the Final Investment Decision (FID) for the propane dehydrogenation and polypropylene production project (PDHPP) in Turkey . The project will be located in the Ceyhan petrochemical industrial zone in Adana, Turkey, and will include a propane dehydrogenation unit (PDH), a polypropylene unit (PP), and shared utility and storage facilities. Sonatrach, through its subsidiary Sonatrach Petroleum Investment Corp (SPIC BV), holds a 34% stake in the project, while Ronesans Holding holds 66%. Sonatrach will supply propane under a long-term agreement based on global market prices. This project aligns with Sonatrach's strategy of international expansion and hydrocarbon valorization, particularly in the petrochemical sector.
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