The long-running legal saga surrounding Venezuela’s U.S.-based oil refining asset—Citgo Petroleum—has reached a decisive phase, as the Delaware court-supervised auction of its parent company, PDV Holding Inc., approaches its conclusion. Multiple bidders have submitted enhanced offers in the final round of the auction, hoping to acquire one of the most strategic oil refining operations in the United States.

Intercontinental Exchange Inc. $ICE, the parent company of the New York Stock Exchange, announced on Monday its decision to dual list on the newly established NYSE Texas. The move marks a significant strategic alignment with the state’s increasingly prominent role as a pro-business financial hub.

Nissan Motor Co., Ltd. $7201.T recently announced intentions to reduce its equity stake in its longstanding French partner Renault S.A. $RNO.PA, as reported by Nikkei. This development follows the joint March 2025 agreement between the two automakers to lower their mandatory minimum ownership in each other from 15% to 10%. The Nissan-Renault alliance, a cornerstone of global automotive cooperation, is undergoing strategic realignment to adapt to shifting market dynamics, regulatory environments, and corporate governance demands.