Saudi Aramco, the world’s largest oil company, has received $75 billion in orders for its debut bond sale, kickstarting an offering with yields likely to fall in line or below Saudi Arabia’s sovereign debt. It’s rare for bonds of a state-owned company to yield less than the sovereign, and the demand reflects intense investor appetite for high-quality paper.
Stocks Take Aim at RecordAsian stocks looked set to edge higher at the open after U.S. shares clocked an eighth day of gains to trade within 1.2 percent of their September record. The S&P 500 rose 0.1 percent and the Nasdaq Composite added 0.2 percent. Bucking the trend, the Dow lost the most in two weeks. Shares of General Electric Co. plunged the most in the S&P 500 after a JPMorgan analyst recommended selling the company’s stock, damping enthusiasm for a nascent turnaround.
BlackRock’s China AmbitionsBlackRock Inc. Chief Executive Officer Larry Fink said he’s seeking to make the firm one of China’s leading asset managers as it expands outside the U.S. “In China, which is one of the largest future growth opportunities for BlackRock, we are focused on building an onshore presence,” Fink said Monday in his annual letter to shareholders.
No to No-Deal BrexitThe European Union is zeroing in on its offer to the U.K. on the length of a Brexit delay. After several days of talks between diplomats of the EU’s 27 remaining governments, a compromise between France, which is very skeptical about extending Britain’s membership beyond April 12, and governments that think the U.K. should be given an extra year is beginning to emerge, four officials familiar with the matter said. It is now likely that the offer to the U.K.
Tesla CutsTesla Inc. followed a disappointing deliveries report by cutting another swath of sales staff across the country, as the electric-car maker continues to pare back personnel and shift its ordering process online. The company dismissed several dozen sales team members on Thursday in Chicago; Brooklyn, New York; and Tampa, Florida; according to people familiar with the matter, who asked not to be named because the details were private.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: dailymaverick - 🏆 3. / 84 Läs mer »
Källa: dailymaverick - 🏆 3. / 84 Läs mer »
Källa: dailymaverick - 🏆 3. / 84 Läs mer »
Källa: dailymaverick - 🏆 3. / 84 Läs mer »
Källa: dailymaverick - 🏆 3. / 84 Läs mer »
Källa: dailymaverick - 🏆 3. / 84 Läs mer »