DUBAI (Reuters) – Saudi Aramco’s top executives have met officials of Kuwait’s sovereign wealth fund to convince them to invest in the oil giant’s initial public offering (IPO), which could raise as much as $25.6 billion, a source familiar with the matter said. The meeting, which was led by Aramco’s Chief Executive Amin Nasser, took …
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Hong Kong could blow up China/US trade deal BEIJING, Nov 23 (Reuters) – The United States is the world’s biggest source of instability and its politicians are going around the world baselessly smearing China, the Chinese government’s top diplomat said on Saturday in a stinging attack at a G20 meeting in Japan. Relations between the …
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The U.S. Federal Energy Regulatory Commission (FERC) approved on Thursday another four liquefied natural gas (LNG) projects, which will add to the growing American LNG exports in coming years. FERC approved, with conditions, three projects planned to be located along the Brownsville Ship Channel in Brownsville, Texas—Texas LNG Brownsville, Rio Grande LNG Terminal, and Annova …
Charles Schwab Corp. is buying TD Ameritrade Holding Corp. for $26 billion, with a deal expected to be announced Thursday morning, Fox Business reports, citing unidentified people familiar with the situation. Shares in Charles Schwab reversed an earlier decline in premarket trading and are up 2.4%, while TD Ameritrade reduced some of the earlier gains …
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(Reuters) – Bridgewater Associates LP, a hedge fund founded by billionaire Ray Dalio, has bet more than $1 billion that stock markets around the world will fall by March, the Wall Street Journal reported on Friday, citing people familiar with the matter. The bet, assembled over a span of months and executed by a handful …
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President awarded widows during a decoration ceremony today at the Kremlin It has been reported the explosion happened while testing a Burevestnik missile Known as Skyfall by NATO, the missile is said to have a virtually unlimited range He expressed condolences but said Russia will continue to develop the weapon Russian President Vladimir Putin has …
LONDON, Nov 21 (Reuters) – The pound struggled to break through the $1.30-mark yet again on Thursday, as a rebound in the dollar and an election manifesto from the opposition Labour Party that fuelled some profit-taking on the British currency. In its fourth attempt to break through $1.30 in nearly two months, the pound struggled …
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SINGAPORE, Nov 22 (Reuters) – Asian spot prices for liquefied natural gas (LNG) fell this week as a supply glut continued to weigh, while demand growth was muted by signs of a mild winter in Northeast Asia. Prices for January delivery to Northeast Asia LNG-AS are estimated to be about $5.70 per million British thermal …
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RIYADH/DUBAI (Reuters) – Saudi Aramco’s initial public offering (IPO) has attracted approximately 73 billion riyals ($19.47 billion) in institutional and retail orders so far, Saudi Arabia’s Samba Financial Group said on Thursday. Some 1.8 million retail subscribers have injected more than 14 billion riyals into the IPO so far, Samba, one of the banks managing …
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China is monitoring closely the situation in the United States regarding the Hong Kong Human Rights and Democracy Act, which was approved by the Senate and House of Representatives, and the potential signing of the bill into law by the American president Donald Trump. The bill presents another cause for pessimism in trade negotiations between …
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