Finance

Saudi Arabia is poised to raise more than $11.2 billion from the sale of shares in its crown jewel, oil giant Aramco, generating fresh cash for the country’s efforts to diversify its economy beyond oil. The country and its de […]

ST PETERSBURG, Russia, June 7 (Reuters) – Cut off from the West, Russia is pitching its $2 trillion economy to giants like China and Saudi Arabia and longer-term prospects like Zimbabwe and Afghanistan at its premier investment forum in St […]

ST PETERSBURG, June 6 (Reuters) – Russia may narrow the spread of its grain exports in the new season due to crop problems, keeping supplies to its traditional markets, VTB (VTBR.MM), opens new tab board member Vitaly Sergeуchuk said. Frosts have damaged […]

AMSTERDAM — Digital bank Starling will not re-apply for a European Union banking license and instead pursue international expansion through its software business, the incoming CEO said, in a diverging approach to overseas growth from some of its rivals. Starling […]

According to a June 4 Wall Street Journal report, the Texas Stock Exchange (TXSE) has reportedly already secured approximately $120 million in funding and plans to submit registration statements with the U.S. Securities and Exchange Commission (SEC) by the end […]

OTTAWA—The Bank of Canada cut its main interest rate by a quarter percentage point, becoming the first Group of Seven central bank to provide rate relief after global policymakers aggressively increased borrowing costs to tame inflation. Canada’s central bank said […]

If this column had a vote, which it doesn’t, it would cast it against Elon Musk’s gargantuan pay deal at Tesla’s TSLA -0.60%decrease; red down pointing triangle coming annual general meeting. Worth $46 billion at the latest share price, the chief executive’s contested 2018 packet […]