KT earnings miss, Revenue Inline in Q2
Investing.com - KT reported on Tuesday second quarter {{erl-39284||earnings that missed analysts' forecasts and revenue that was inline with expectations. KT announced earnings per share...
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SABIC News & Analysis
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POSCO earnings, Revenue beat in Q2
Investing.com - POSCO reported on Tuesday second quarter {{erl-21260||earnings that beat analysts' forecasts and revenue that topped expectations. POSCO announced earnings per share of...
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Sanofi Shares Slide After Trials of Potential Breast Cancer Drug Halted
By Scott Kanowsky Investing.com -- Sanofi SA (EPA:SASY) shares slid on Wednesday after the French drugmaker announced that it will halt trials of a new treatment for patients battling...
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Analog Devices earnings, Revenue beat in Q3
Investing.com - Analog Devices (NASDAQ:ADI) reported on Wednesday third quarter {{erl-7869||earnings that beat analysts' forecasts and revenue that topped expectations. Analog Devices...
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TJX earnings beat, Revenue misses in Q2
Investing.com - TJX (NYSE:TJX) reported on Wednesday second quarter {{erl-8227||earnings that beat analysts' forecasts and revenue that fell short of expectations. TJX announced earnings...
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Indian Finance Minister Issues Warnings Regarding Crypto
The Indian finance minister suggested against using cryptocurrency.The law enforcement organization blocked the assets of two crypto exchanges.At a BJP Economic Cell event on Saturday,...
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Deals of the day-Mergers and acquisitions
(Adds State Power Investment, Verizon Media, Cellnex; updates West Fraser Timber)Nov 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on...
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MIDEAST STOCKS-Aldar aids Abu Dhabi index; other Gulf markets little changed
Oct 27 (Reuters) - Abu Dhabi's stock market rose on Tuesday buoyed by gains in real estate developer Aldar Properties ALDAR.AD , while other major Gulf markets were little changed.The Abu...
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Saudi Chemicals Giant Sabic Taps Bond Market for $1 Billion
(Bloomberg) -- Saudi Basic Industries Corp. (SE:2010) the chemical maker in which Saudi Arabia’s state oil company holds a majority stake, is raising $1 billion in the biggest corporate...
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UPDATE 2-Reliance's stake sale talks with Aramco stall over price, sources say
(Update with Aramco declining comment)By Nidhi Verma, Clara Denina and Saeed AzharNEW DELHI/LONDON/DUBAI, July 16 (Reuters) - Talks over the sale of a 20% stake in Reliance Industries...
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Asia Naphtha/Gasoline-Gasoline recovers marginally from seven-month low
SINGAPORE, Jan 29 (Reuters) - Asia's gasoline crack recovered by 31% to reach a two-session high of $3.85 a barrel after it dived 37% to a 7-month low in the previous session as a...
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India's antitrust body clears Saudi Aramco's acquisition of SABIC
Sept 27 (Reuters) - The Competition Commission of India (CCI) said https://twitter.com/CCI_India/status/1177541155124154374?s=20 on Friday it approved Saudi Aramco's acquisition of a...
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WRAPUP 2-Saudi Aramco aims to buy Reliance stake, reports lower earnings
* H1 net profit of $46.9 billion* Reliance says letter of intent signed on stake sale* Hurt by oil price fall, but lower taxes helped* Special dividend for government* Government plans to...
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UPDATE 3-Saudi Aramco aims to buy Reliance stake, reports 12% earnings slide
* H1 net of $46.9 billion* Reliance says LOI signed on stake sale* Hurt by oil price fall, but lower taxes helped* Special dividend for government* Government plans to list Aramco in...
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Deals of the day-Mergers and acquisitions
(Adds Clariant , China Molybdenum; updates Momentum Metropolitan Holdings, Cobham , Occidental)July 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by...
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Saudi Stocks Surge as Investors Prepare for MSCI Inclusion
(Bloomberg) -- Shares in Saudi Arabia surged at the close as MSCI Inc. was set to begin including some of the kingdom’s shares into its main emerging-market index. The Tadawul All...
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Deals of the day-Mergers and acquisitions
(Adds Saudi Aramco, Grindr, Deutsche Bahn, Azinor Catalyst, Diversified Gas & Oil; Updates Centene (NYSE:CNC))March 27 (Reuters) - The following bids, mergers, acquisitions and...
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Saudi Aramco to decide in H1 on financing SABIC buy - CEO
NEW DELHI, Feb 20 (Reuters) - Saudi Aramco said on Wednesday it expects to decide by mid-2019 how to finance the acquisition of Saudi Arabian Basic Industries Corp (SABIC) 2010.SE ."The...
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Deals of the day-Mergers and acquisitions
(Adds GlaxoSmithKline, AC Milan, Aramco) July 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: ** Saudi Aramco's IPO-ARMO.SE...
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Saudi's SABIC eyes 50 pct stake in ONGC's west India petchem plant - sources
By Nidhi Verma NEW DELHI, May 9 (Reuters) - Saudi Basic Industries Corp (SABIC) 2010.SE , the world's No.4 petrochemical company, wants to buy about half of the $4.6-billion Indian petchem...
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Deals of the day-Mergers and acquisitions
(Adds Cade, I Squared, Gorenje , Saudi Basic, Sonatrach, ATON, Cradle Arc; Updates Walmart (NYSE:WMT), Enbridge )May 9 (Reuters) - The following bids, mergers, acquisitions and disposals...
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Deals of the day-Mergers and acquisitions
Feb 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1130 GMT on Monday: ** Russia's biggest mobile phone operator MTS MBT.N MTSS.MM has bought the...
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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.22%
Investing.com – Saudi Arabia equities were higher at the close on Sunday, as gains in the Telecoms & IT, Real Estate Development and Media & Publishing sectors propelled shares higher. At...
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Saudi's Ma'aden joint venture hires banks for riyal sukuk issue
By Davide Barbuscia DUBAI, Jan 24 (Reuters) - Ma'aden Phosphate Co (MPC), a subsidiary of Saudi Arabian Mining Co (Ma'aden) 1211.SE , has hired banks to arrange a riyal-denominated sukuk...
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Deals of the day-Mergers and acquisitions
(Adds Turkey, Valeant,IAG and Hopewell; Updates Rosneft) Dec 29 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday: ** Russia's top oil...
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India's Aarti Industries signs 100 bln-rupee contract with SABIC's U.S. unit
Dec 29 (Reuters) - Speciality chemicals and pharmaceuticals manufacturer Aarti Industries Ltd ARTI.NS signed a supply contract with a U.S. affiliate of Saudi Basic Industries Corp (SABIC)...
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UPDATE 3-UK Stocks-Factors to watch on Jan 23
(Adds company news item, updates futures)Jan 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 31 points at 7,168 on Monday, according to financial bookmakers, with...
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UK Stocks-Factors to watch on Jan 23
Jan 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 31 points at 7,168 on Monday, according to financial bookmakers. * The UK blue chip index slipped 0.14 percent to...
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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.46%
Investing.com – Saudi Arabia equities were higher at the close on Tuesday, as gains in the Cement, Transport and Building & Construction sectors propelled shares higher. At the close in...
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Deals of the day- Mergers and acquisitions
(Adds Starwood Hotels , Fresh Market)March 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday:** U.S. hotel operator Starwood Hotels...
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Saudi Arabia shares lower at close of trade; Tadawul All Share down 2.38%
Investing.com – Saudi Arabia equities were lower at the close on Monday, as losses in the Petrochemicals, Financial Services and Industrial Investment sectors propelled shares lower. At the...
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