Archive of Business
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Aramco breaks record as demand for its bond tops $85 billion
Orders for Saudi Aramco’s debut international bonds topped $85 billion, sources familiar with the matter said, a record-breaking vote of market ... Financial Markets -
Mnuchin: US must prepare for ‘hard Brexit’
The United States must prepare for the very real possibility Britain will leave the European Union without an exit agreement, Treasury Secretary ... Economy -
Oil slips from five-month high as Russia signals output boost
Oil slipped from a five-month high above $71 a barrel on Tuesday as Russian comments signaling the possible easing of a supply-cutting deal with OPEC ... Energy -
Lebanon Cabinet approves watershed electricity sector reform
Lebanon’s Cabinet has approved a much-anticipated plan to restructure the electricity sector, which has been deeply dysfunctional for over four ... Energy -
London judge discharges jury in landmark Barclays Qatar case
A London jury has been discharged in a landmark fraud trial of four former Barclays executives accused of paying Qatar undisclosed fees to help rescue ... Economy -
Russia signals OPEC and allies could raise oil output from June
One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signaled on Monday that Russia wanted to raise oil output when it ... Energy -
Nissan considering claiming damages against Ghosn, CEO says
Nissan Motor Co is considering claiming damages against ousted boss Carlos Ghosn over alleged financial misconduct, the automaker’s chief ... Economy -
Pinterest sets IPO to raise up to $1.5 billion
Pinterest said on Monday it would raise up to $1.5 billion in its stock offering, setting a price range that trims the value of the online visual ... Technology -
Turkish lira weakens as Erdogan questions initial election result
The Turkish lira weakened to as far as 5.7120 against the dollar on Monday after Turkish President Tayyip Erdogan said the margin of votes in Istanbul ... Economy -
Al-Falih: Demand for Saudi Aramco’s bond ‘north of’ $30 billion
Demand for Saudi Aramco’s inaugural international bond, which will be issued this week, is higher than $30 billion, Saudi Energy Minister Khalid ... Energy