Saudi Aramco kick-starts what could be world's biggest IPO
By Rania El Gamal, Marwa Rashad, Saeed Azhar and Davide Barbuscia
By Rania El Gamal, Marwa Rashad, Saeed Azhar and Davide Barbuscia
Saudi Arabia's state oil company kicked off its initial public offering (IPO) on Sunday by announcing its intention to float on the Riyadh bourse.
The Saudi government is working to accelerate the listing process for Saudi Aramco's initial public offering on the Saudi stock exchange to around two weeks, an executive from NCB Capital said on Sunday.
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.
Several investing approaches yield strong returns. For Dryden Pence, the backbone of his strategy comes from his military background.
The European Union said that China should make rapid and substantial improvements to the business environment or risk "promise fatigue."
The president of the United Auto Workers union, who has been linked to an ongoing corruption probe by U.S. federal officials, has taken a leave of absence, the union said on Saturday in a statement.
Meb Keflezighi's professional running career earned him the distinction of being the only runner to win the New York City and Boston Marathons and an Olympic medal. He weighs in on what runners who also want to cross that finish line need to know.
Berkshire Hathaway Inc on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and billionaire Warren Buffett's inability to deploy the conglomerate's cash.
Before you start your big home improvement project, it's important to take steps that can help you avoid making a costly mistake, according to Drew and Jonathan Scott, the stars of HGTV's "Property Brothers."
Berkshire Hathaway Inc , the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit rose 14%, as it improved results in multiple business lines and generated more investment income from its insurance businesses.
Fiat Chrysler and Peugeot owner PSA aim to sign a final merger agreement as early as the beginning of next month, a source familiar with the matter said on Saturday.
Britain will impose an immediate moratorium on fracking, the government announced on Saturday, saying the controversial gas extraction technique risked causing too much disruption to local communities through earth tremors.
Thousands of protesters were blocking all roads leading to Iraq's main Gulf port Umm Qasr on Saturday, after security forces used live rounds and tear gas on them overnight, security sources said.
The president of the United Auto Workers union, who has been linked https://www.reuters.com/article/us-autos-corruption-labor/federal-corruption-probe-hits-home-for-uaw-boss-contract-talks-under-storm-cloud-idUSKCN1VI229 to an ongoing corruption probe by U.S. federal officials, has taken a leave of absence, the union said on Saturday in a statement.