Jamjoom Pharma Owners Seek up to $336 Million Saudi IPO
The owners of Jamjoom Pharmaceuticals Factory Co. are seeking to raise as much as 1.26 billion riyals ($336
2023-05-15 17:28
Saudi Finance Firm Morabaha Seeks Up to $83.4 Million in IPO
Saudi Arabia-based Morabaha Marina Financing is seeking to raise as much as 312.9 million riyals ($83.4 million) from
2023-05-14 16:53
U.S. Postal Service cracking down on rising mail theft
By David Shepardson WASHINGTON (Reuters) -The U.S. Postal Service said on Friday it is taking steps to crack down on
2023-05-12 22:15
Santos avoids prosecution in deal with Brazilian authorities in fraud case
US Rep. George Santos has signed a deal with Brazilian authorities to avoid prosecution in lieu of a confession, reimbursement for the victim and a fine to the state stemming from a 2008 fraud case, his attorney said.
2023-05-12 03:50
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
2023-05-11 17:51
RBA Peak Rate Scenario of 4.8% Saw Faster Price Drop, No Slump
Australia’s central bank considered alternative policy scenarios where its cash rate peaked at 4.8%, a level that returned
2023-05-11 11:56
Audits of Chinese companies by KPMG and PwC full of holes, US watchdog finds
US inspectors, after receiving access to auditors' books for the first time, discovered significant shortcomings in audits of companies based in China and Hong Kong that are listed on US stock exchanges.
2023-05-11 01:59
Citigroup to Hire JPMorgan Banker Al-Deweesh as Saudi CEO
Citigroup Inc. is set to hire one of JPMorgan Chase & Co.’s top bankers in Saudi Arabia as
2023-05-10 20:58
Premiums Commanded by Dirty Crude Are Surprising Oil Traders
Asian and European oil buyers are having to pay hefty prices for lower-quality, dirtier crudes as sanctions on
2023-05-10 19:57
Ireland’s Offshore Wind Ambitions Founder in a Sea of Red Tape
On the morning of October 19, a storm swept across the Irish Sea. Intense rains battered the country
2023-05-10 15:26
Saudi Aramco to supply full oil volumes to Asia in June, but some seek less
By Muyu Xu SINGAPORE Saudi Aramco has told customers in North Asia they will receive full volumes of
2023-05-10 12:28
Saudi Aramco to Boost Dividend With Performance-Based Payout
Saudi Aramco said it will introduce performance-linked dividends that will be paid out in addition to its base
2023-05-09 13:56