Tag: Reuters: Money News

Saudi Aramco is likely to give roles to Citi, Goldman Sachs, HSBC and Samba Financial Bank for its planned initial public offering (IPO), a source familiar with the transaction said … Read More

United Arab Emirates’ Minister of Energy and Industry Suhail al-Mazrouei said on Sunday that OPEC and non-OPEC producers are “committed” to achieving oil market balance.   -Reuters: Money News

Asian stocks edged higher on Monday amid a cautious mood as investors pinned their hopes on expected global stimulus to support slowing growth in the world’s major economies.   -Reuters: … Read More

Japanese regional banks are increasingly lending to foreign companies and other borrowers via samurai and ninja loans as they struggle with interest rates stuck at zero and seek to diversify … Read More

This week’s European Central Bank meeting is shaping up as one of the most anticipated in years as the central bank gears up to boost a frail economy with a … Read More

Japan’s economy grew at a slower pace than initially estimated in the second quarter as the U.S.-China trade war prompted a downward revision of business spending, intensifying calls for the … Read More

India’s monthly passenger vehicle and car sales recorded their steepest fall ever in August, according to data released by an industry body on Monday, highlighting the continued slowdown in the … Read More

Nissan Motor Co’s nominations committee will discuss potential successors for Hiroto Saikawa at a meeting on Monday, a source said, as pressure deepened on the embattled chief executive after he … Read More

Oil rose on Monday on expectations that Saudi Arabia, the world’s largest oil exporter, will continue to support output cuts by OPEC and other producers to prop up prices under … Read More

Apple Inc and manufacturing partner Foxconn Technology Co Ltd on Monday rebutted allegations of lapses in people management levelled by a non-profit monitor of worker rights, though confirmed they employed … Read More