France’s LVMH nears deal to buy U.S. jewelry chain Tiffany for $16.7 billion: FT
French luxury group LVMH is nearing a $16.7 billion deal to buy Tiffany & Co , the Financial Times reported on Sunday, citing people close to the deal.
Saudi Aramco won’t breach maximum weight for firms in Saudi index: Argaam
Saudi Aramco’s weighting in Saudi Arabia’s main stock index once the oil giant has listed shares is not expected to breach the maximum limit set by the Gulf kingdom’s Tadawul exchange, a senior executive said on Sunday.
Saudi Aramco markets IPO in Dubai after approaching Kuwait fund
Saudi Aramco met investors in Dubai on Sunday to market its initial public offering (IPO), after trying to secure demand from Kuwait’s sovereign wealth fund for the deal, worth up to $25.6 billion, which relies heavily on local and regional buyers.
Saudi central bank says Aramco IPO not causing liquidity issues for banks
Saudi Arabia’s central bank is monitoring banking indicators on a daily basis and is not seeing any impact on liquidity from oil giant Aramco’s initial public offering (IPO), its governor said on Sunday.
Saudi Aramco’s CEO met Kuwait sovereign fund to discuss IPO: source
Saudi Aramco’s top executives have met officials of Kuwait’s sovereign wealth fund to convince them to invest in the oil giant’s initial public offering (IPO), which could raise as much as $25.6 billion, a source familiar with the matter said.
Canada’s use of Huawei 5G would hamper its access to U.S. intelligence: U.S. official
The U.S. national security adviser urged Canada on Saturday not to use Huawei 5G technology, saying that doing so would put in jeopardy intelligence sharing with the United States and expose Canadians to being profiled by the Chinese government.
Elon Musk: About 150,000 orders thus far for Tesla Cybertruck
Tesla Inc Chief Executive Elon Musk said on Saturday that there have been about 150,000 orders thus far for the electric carmaker’s Cybertruck, which was unveiled late on Thursday.
Novartis nears deal to buy U.S. biotech firm Medicines Co for about $7 billion: WSJ
Swiss drugmaker Novartis AG is nearing an agreement to acquire U.S. biotechnology firm The Medicines Co for about $7 billion, the Wall Street Journal reported on Saturday.
Still hope for U.S.-China deal this year: U.S. official
United States national security adviser Robert O’Brien said on Saturday that an initial trade agreement with China is still possible by the end of the year, but warned Washington would not turn a blind eye to what happens in Hong Kong.
U.S. and China can still clinch phase 1 deal by end year: U.S. national security adviser
United States national security adviser Robert O’Brien said on Saturday that a phase 1 trade agreement with China is still possible by the end of the year, while warning that President Donald Trump would not turn a blind eye to what happens in Hong Kon…
