Saudi stocks fell sharply on Sunday, after attacks on two plants at the heart of the kingdom's oil industry a day earlier knocked out more than half of Saudi crude output.
Adam Neumann showed he can capitalize on troubled times a decade ago, tapping into demand for workspace by those forced out of jobs in the aftermath of the financial crisis to grow WeWork into a global brand commanding a US$47 billion valuation.
Saudi stocks plunged 2.3per cent as the market opened on Sunday, after attacks on two plants at the heart of the kingdom's oil industry a day earlier knocked out more than half of Saudi crude output.
The head of the United Arab Emirates' General Civil Aviation Authority said on Sunday he was not optimistic the Boeing 737 MAX would return to operations in the fourth quarter of this year and it was more likely to be in the first quarter of 2020.
Global regulators will question Facebook on Monday about its Libra cryptocurrency, amid concerns from European Union governments over the threat the digital currency poses to financial stability, the Financial Times reported on Sunday.
The United Auto Workers said late on Saturday that it will not extend its contract with General Motors Co that was set to expire in hours, but would continue to work pending a meeting of senior union officials.
HOUSTON: Saturday's attacks on key Saudi Arabia processing plants will test the world's ability to handle a supply crisis as it faces the temporary loss of more than 5 per cent of global supply from the world's biggest crude exporter. The Iranian-backed Houthis group in Yemen claimed ...
HOUSTON: Saturday's attacks on key Saudi Arabia processing plants will test the world's ability to handle a supply crisis as it faces the temporary loss of more than 5per cent of global supply from the world's biggest crude exporter. The Iranian-backed Houthis group in Yemen claimed responsibility ...
An attack on Saudi oil facilities on Saturday is believed to have disrupted half the country's production capacity, making the United States the only real holder of the global supply cushion via its ability to raise own output or to soften sanctions against other major oil producers.
BMW's engine development and purchasing expert, Markus Duesmann, is set to become the CEO of Volkswagen's Audi premium brand, after BMW dropped its opposition to his early departure, a German newspaper reported on Saturday.
