Saudi Aramco kick-starts what could be world's biggest IPO, offers scant details
By Rania El Gamal, Marwa Rashad, Saeed Azhar and Davide Barbuscia
By Rania El Gamal, Marwa Rashad, Saeed Azhar and Davide Barbuscia
Aramco, as Saudi Arabian Oil Co is usually known, is set to add another superlative to the list: the world's most valuable listed company.
The United States may not need to impose tariffs on imported vehicles later this month after holding "good conversations" with automakers in the European Union, Japan and Korea, U.S. Commerce Secretary Wilbur Ross said in an interview published on Sunday.
Oil prices eased on Monday as traders took profit ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.-China trade row that has hurt global economic growth and crimped energy demand.
Asian shares surged to more than 14-week highs on Monday as growing optimism over U.S.-China trade talks and upbeat U.S. job data boosted global investors' appetite for riskier assets.
The administration of U.S. President Donald Trump is "fully committed" to Asia, his commerce secretary said on Monday at a regional forum attended by a U.S. delegation smaller than previous years.
Talks to agree what could be the world's biggest trade bloc were conclusive and an announcement on their success will be made later on Monday, Thailand's commerce minister said on Monday.
Oil prices eased on Monday as traders remained cautious ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.-China trade row that has hurt global economic growth and crimped energy demand.
Asian shares rose to 14-week highs on Monday as growing optimism over U.S.-China trade talks and upbeat U.S. job data boosted global investors' appetite for riskier assets.
Under Armour Inc is under investigation by U.S. federal law enforcement officials over whether the sportswear maker shifted sales from quarter to quarter to appear financially healthier, the Wall Street Journal reported on Sunday.
McDonald's Corp dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee, which the board determined violated company policy, the fast-food giant said on Sunday.
Under Armour Inc is being probed by U.S. federal law enforcement officials, examining whether the sportswear maker shifted sales from quarter to quarter to appear healthier, the Wall Street Journal reported on Sunday.
McDonald's Corp dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee, which the board determined violated company policy, the fast-food giant said on Sunday.
Irish investors more hopeful now that prospects for a no-deal Brexit is fading. Irish stocks are rising as confidence in a Brexit deal grows.
U.S. Commerce Secretary Wilbur Ross said licenses for U.S. companies to sell components to China's Huawei Technologies Co will come "very shortly," in an interview with Bloomberg published on Sunday.