Premium Content
Why Saudi Arabia Wants To Sell More Of Its Oil Giant By Cyril Widdershoven - Jan 28, 2021, 6:00 PM CST
Saudi Aramco, the world’s largest oil company, is about to make headlines again. In a surprise statement by Saudi Crown Prince Mohammed bin Salman during an interview at the Future Investment Initiative (FII), also called the “Davos in the Desert”, the crown prince claimed that there will be more shares of Aramco up for sale in the coming years. MBS’s statement was surprising not only for its content but also for its timing. While global stock exchanges are suffering, the Saudi crown prince is hinting at a potential multi-billion share sale. Analysts are still trying to understand the decision, with the oil and gas industry struggling as it is at the moment. But you can be sure that the hype around the oil giant’s next offering will now begin to build. The unexpected success of the Aramco IPO in 2019, bringing in a staggering $25.6 billion, wi
(1)
The Credit Referencing Market is poised to experience spend growth of more than USD 5.7 billion between 2021-2025 at a CAGR of over 7.21%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic.
Request free sample pages
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210128006226/en/
SpendEdge has announced the release of its Global Credit Referencing Market Procurement Intelligence Report (Graphic: Business Wire)
Read the 120-page research report with TOC and LOE on Credit Referencing Market Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend.
Lapse in federal stimulus packages forced millions of Americans into deeper debt
and last updated 2021-01-28 18:11:48-05
Americans owe nearly $1 trillion in credit card debt, an all-time high, according to the Federal Reserve. Much of that debt was piled on over the last half of 2020 when many people on unemployment lost the CARES Actâs $600 supplemental.
âWhen I lost my job in April, my unemployment was $65 a week, but I was getting the extra $600 which was helping some,â said Mary Davis in Michigan.
Davis struggles with a disability and was only able to work part-time before the pandemic. When she lost her part-time retail job in April of 2020, initially, she was getting the $600 CARES Act supplemental and had an income of $665 a week. However, her monthly food stamps and other low-income benefits were taken away. She was on the hook for her full rent, which was $1,100 a month, in addition to paying for her utilities and food for herself and her young son.
Read more about Grasim board approves fund raising plan on Business Standard. Grasim Industries said that the Finance Committee of the board of directors of the company has approved issue of non-convertible debentures (NCDs) on private placement basis, for an amount not exceeding Rs 500 crore, in one or more tranches.