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The Wall Street Journal: Sempra Energy strikes deal to sell liquefied natural gas to Saudi Arabia

Saudi Arabia has agreed to purchase U.S. liquefied natural gas from Sempra Energy, a new strategic direction for the kingdom as it seeks to establish a footprint in the growing global market for the fuel......»»

Category: topSource: marketwatchMay 21st, 2019

Russia, Saudi Arabia recommend deepening oil output cuts by 500,000 barrels a day: report

A committee of oil producers led by Saudi Arabia and Russia recommended on Thursday that the group deepen their current oil production cuts by 500,000 barrels a day, The Wall Street Journal reported, citing officials from the Org.....»»

Category: topSource: marketwatchDec 5th, 2019

The Wall Street Journal: Saudis to push for extension of oil-production cuts at OPEC meeting

Saudi Arabia will push for an extension of oil production cuts through mid-2020 at a producers’ summit this week in an effort to prop up Saudi Aramco’s initial public offering share price, Persian Gulf officials said......»»

Category: topSource: marketwatchDec 1st, 2019

Saudi Arabia sidelines Wall Street banks on Aramco IPO

Saudi Arabia sidelined global banks advising on Aramco’s initial public offering after the deal was pared back to a mainly domestic affair......»»

Category: topSource: moneycentralNov 21st, 2019

The Wall Street Journal: Authentic Brands, Saks team up to bid for Barneys

Barneys New York Inc. Wednesday reached a deal to sell its assets to Authentic Brands Group LLC and investment firm B. Riley Financial Inc. and close the luxury chain’s remaining stores......»»

Category: topSource: marketwatchOct 16th, 2019

Economic Preview: Slowing but still-strong U.S. job market keeps economy going in turbulent times

Trump impeachment talk, China trade tensions, drone strikes in Saudi Arabia, a messy “Brexit” — it’s all enough to sour Wall Street and Main Street on the U..S. economy’s future......»»

Category: topSource: marketwatchSep 30th, 2019

Saudi Arabia considers doubling stake offered in Aramco IPO: WSJ

Saudi Arabia is considering doubling the stake to be offered in oil giant Saudi Aramco's much awaited initial public offering, the Wall Street Journal reported on Tuesday, citing people familiar with the matter......»»

Category: topSource: reutersSep 24th, 2019

Wall Street drops after Saudi attacks, energy stocks spike

Energy stocks spiked while most of Wall Street fell on Monday after weekend attacks on Saudi Arabia's oil facilities added to investors' concerns about geopolitical risk and a stumbling global economy......»»

Category: topSource: reutersSep 16th, 2019

Wall Street indexes fall while energy sector soars

Energy stocks spiked while Wall Street's three major indexes lost ground on Monday after weekend attacks on Saudi Arabia's oil facilities added to investors' concerns about geopolitical risk and a slowing global economy......»»

Category: topSource: reutersSep 16th, 2019

Wall Street hit by Saudi attacks; energy stocks temper losses

U.S. stocks fell on Monday on global growth worries after weekend attacks on Saudi Arabia's crude facilities hit 5% of the world's supply, but a sharp surge in crude prices lifted beaten-down energy stocks and kept losses in check......»»

Category: topSource: reutersSep 16th, 2019

Wall Street drops after Saudi attacks; energy stocks limit losses

U.S. stocks fell on Monday on global growth worries after weekend attacks on Saudi Arabia's crude facilities hit 5% of the world's supply, but a sharp jump in crude prices lifted beaten-down energy stocks and kept losses in check......»»

Category: topSource: reutersSep 16th, 2019

Saudi officials considering delaying IPO after drone attack: WSJ

Saudi Arabia officials are discussing delaying Aramco's initial public offering as attacks on the company's oil facilities have drastically reduced their output, the Wall Street Journal reported on Monday, citing people familiar with the matter......»»

Category: topSource: reutersSep 16th, 2019

The Wall Street Journal: Aramco planning two-step listing to expedite massive IPO

Saudi Arabia is planning a two-part listing of Saudi Arabian Oil Co. on its domestic stock market to ensure that the exchange can easily absorb what would be the kingdom’s largest initial public offering, according to advisers familiar with the process......»»

Category: topSource: marketwatchSep 10th, 2019

The Wall Street Journal: Trump ally sought Saudi funds as he lobbied for nuclear deal, House report finds

Tom Barrack, an equity investor and a close ally of President Donald Trump, sought Saudi government funding in a bid to buy ailing U.S. nuclear reactor builder Westinghouse, according to a House report......»»

Category: topSource: marketwatchJul 29th, 2019

Report: Apple mulling $1B deal for Intel modem business

Chip giant IntelCorp. is reportedly back in talks to sell its smartphone modem business to Apple Inc., according to the Wall Street Journal. Citing unnamed sources the paper said the deal includes intellectual property as well as staff and could b.....»»

Category: topSource: bizjournalsJul 22nd, 2019

The Wall Street Journal: Saudi order for Boeing 737 Max planes goes instead to archrival Airbus’s A320neo

Boeing on Sunday lost a deal for 737 Max jetliners in one of the first tangible signs the crisis surrounding the plane after two crashes within mere months could shift business to European rival Airbus SE......»»

Category: topSource: marketwatchJul 8th, 2019

Oil rises nearly 3% as Saudi signals OPEC deal extension, stocks rally

Oil prices rose nearly 3% on Friday, climbing further from five-month lows hit this week, after Saudi Arabia said OPEC was close to agreeing to extend an output production cut beyond June and as Wall Street rallied......»»

Category: topSource: reutersJun 7th, 2019

Campbell to sell fresh food unit for about $500 million to former executive: WSJ

Campbell Soup Co is nearing a deal to sell its fresh food unit's Bolthouse Farms for about $500 million to a group led by the former chief executive officer of the brand, the Wall Street Journal reported on Thursday......»»

Category: topSource: reutersApr 11th, 2019

Campbell to sell fresh food business for about $500 mln to former executive: WSJ

Campbell Soup Co is nearing a deal to sell its fresh foods unit, including Bolthouse Farms, for about $500 million to a group led by the former chief executive officer of the unit, the Wall Street Journal reported......»»

Category: topSource: reutersApr 11th, 2019

The Wall Street Journal: OPEC oil output drops sharply in March, driven by Saudi Arabia

The bulk of the cuts were shouldered by Saudi Arabia — the de-facto head of OPEC and the world’s largest exporter of crude — which reduced output by 324,000 barrels a day......»»

Category: topSource: marketwatchApr 10th, 2019

The Wall Street Journal: Saudi oil giant Aramco to pay $69.1 billion for majority stake in kingdom’s petrochemicals firm Sabic

Saudi Arabia’s national oil company has agreed to buy a majority stake in the kingdom’s petrochemicals firm for $69.1 billion, people familiar with the deal said, giving Crown Prince Mohammed bin Salman’s agenda a giant jolt of cash......»»

Category: topSource: marketwatchMar 27th, 2019