Saudi Aramco to Postpone Mega IPO of Energy Trading Unit
Saudi Aramco is pushing back a planned Riyadh initial public offering of its energy-trading business, a deal that
1970-01-01 08:00
China names head of powerful new financial regulator as industry faces greater scrutiny
China has appointed the head of its powerful new financial watchdog, which was created as part of sweeping reforms aimed at reining in the $60 trillion industry.
1970-01-01 08:00
Apple Partner Hon Hai’s Profit Misses Despite iPhone Rebound
Hon Hai Precision Industry Co. reported its third consecutive quarterly profit miss, after Apple Inc.’s main assembler succumbed
1970-01-01 08:00
Man Group Appoints its First Female CEO in 240 Years
Man Group Plc has appointed its first female chief executive officer in its 240 years of existence. Robyn
1970-01-01 08:00
Egyptian Pound Devaluation Bets Ease as Citi Sees No Short-Term Move
Traders are pushing back expectations for a devaluation in the Egyptian pound, with Citigroup Inc. predicting that the
1970-01-01 08:00
A Cash Crunch Is Pushing Up Funding Costs in India Deterring More RBI Hikes
A cash crunch driven surge in funding costs in Indian money market to a five-week high may deter
1970-01-01 08:00
ING Plans €1.5 Billion Buyback as Rates Fuel Profit Beat
ING Groep NV plans to buy back as much as €1.5 billion ($1.65 billion) worth of shares after
1970-01-01 08:00
Yellen Says Debt Default Would Hurt US International Leadership
Treasury Secretary Janet Yellen said failure to avoid a looming federal government default would undermine Washington’s ability to
1970-01-01 08:00
Deutsche Telekom slightly raises 2023 profit outlook
BERLIN Deutsche Telekom slightly raised its full-year operating profit target on Thursday after reporting a small bump in
1970-01-01 08:00
Norway to Raise Oil Wealth Spending to Protect Welfare Services
Norway plans to raise spending of its $1.4 trillion sovereign wealth fund, citing the need to protect welfare
1970-01-01 08:00
SoftBank posts $7.18 billion annual loss as Vision Fund slides further
TOKYO (Reuters) -Japan's SoftBank Group Corp reported an annual net loss of 970 billion yen ($7.18 billion) for the year
1970-01-01 08:00
Blackstone in Talks With US Regional Banks Over Lending, FT Says
Blackstone Inc. is in talks with regional banks about forming partnerships where they would make loans that the
1970-01-01 08:00