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Posts published in “Business”

OIL SLIPS AS OPEC+ GEARS UP TO CONFIRM SUPPLY CUT

Oil edged lower on Friday as investors awaited a meeting of OPEC and its allies later in the day which is expected to formally agree to more output curbs in early 2020.Despite the new cuts, OPEC stopped short of pledging action beyond March and analyst...

U.S. stocks hit fresh record highs

New York, U.S. stocks rose for a fourth consecutive session, hitting fresh record highs.The Dow Jones industrial average rose 42.32, or 0.15 percent, to 28,164.The broader Standard & Poor's 500 index rose 13.11, or 0.4 percent, to 3,153.63.The technolo...

U.S. stocks hit fresh record highs

New York, U.S. stocks rose for a fourth consecutive session, hitting fresh record highs.The Dow Jones industrial average rose 42.32, or 0.15 percent, to 28,164.The broader Standard & Poor's 500 index rose 13.11, or 0.4 percent, to 3,153.63.The technolo...

Saudi Aramco to Sell 1.5% Stake, Raise up to $25.6 Billion

DUBAI, UNITED ARAB EMIRATES - Saudi Arabia's state-owned oil giant Aramco announced Sunday it will sell a 1.5% stake in the company as it looks to raise as much as $25.6 billion from the sale.The newly released figures also revealed a valuation for the...

Saudi Aramco to Sell 1.5% Stake, Raise up to $25.6 Billion

DUBAI, UNITED ARAB EMIRATES - Saudi Arabia's state-owned oil giant Aramco announced Sunday it will sell a 1.5% stake in the company as it looks to raise as much as $25.6 billion from the sale.The newly released figures also revealed a valuation for the...

OPEC Prices Slightly Rise

Baghdad, The price of OPEC basket of fourteen crudes stood at $62.82 a barrel on Tuesday, compared with $62.26 the previous day, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan B...

Fundraiser Posts $3 million Bond on Campaign Finance Charges

A prolific fundraiser charged with funneling illegal foreign campaign contributions to American political candidates surrendered to authorities in Los Angeles on Wednesday and was released on $3 million bond.The court appearance came about a week after...

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