Saudi Aramco is targeting to kick off its initial public offering (IPO) on Nov. 3, three sources familiar with the matter told Reuters.
The plan to build a petrochemical plant near the Iranian city of Firouzabad had everything usually needed to get a project off the ground: approval from the nation's top authority, funding from the Revolutionary Guards and plentiful gas feedstock.
In the midst of what became a golden decade for the U.S. Federal Reserve, central bankers twice in the 1990s cut interest rates in short bursts that managed to help the U.S. economy continue growing despite slowing investment and weak growth overseas.
HONG KONG: Hong Kong jeweller Jun Lam has already closed one shop. His remaining outlet sits in an almost deserted shopping mall at the heart of a district regularly hit by sometimes violent protests that have rocked the Chinese-ruled city since June. Restaurants, hotels and retail outlets like ......
The Financial Times reported the news earlier in the day citing two people briefed on plans.
SYDNEY: An Australian regulator has filed a lawsuit against Alphabet Inc's Google, accusing it of misleading smartphone users about how it collected and used personal location data, advancing a global crackdown on the world's biggest tech firms. The Australian Competition and Consumer Commission ...
Asian shares scaled a three-month high on Tuesday after Wall Street hit all-time peaks amid hopes of progress in Sino-U.S. trade talks and for another dose of policy stimulus from the Federal Reserve this week.
Japan's tax authorities have determined former Nissan Motor Co Ltd boss Carlos Ghosn used company money for private use, bolstering the automaker's case that he diverted corporate funds for personal gain, the Yomiuri reported on Tuesday.
Hong Kong's embattled leader Carrie Lam said on Tuesday she expects the Asian financial hub to record negative economic growth for the full 2019 year, as the city grapples with five months of often violent anti-government protests.
LOS ANGELES: With two young daughters, Mery Montenegro is preparing to add Disney+ to her list of streaming subscriptions, which already includes Netflix, Hulu and Amazon - and, when combined with her cable TV bill, costs her almost US$1,500 per year. Her eldest Victoria, 6, asks every day when ...