Bold Prince Holds Tight Grip On Cash Machine Saudi Aramco, The Worldâs Most Profitable Company
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Staredown: Crown Prince Mohammed bin Salman gives an interview to the official TV channel in Riyadh, Saudi Arabia on April 28, 2021.
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On track for $80 billion in income this year, Saudi Aramco held onto its No. 5 spot in the Global 2000. Shares trade âin their own universe,â as investors show faith in the vision of Crown Prince Mohammed bin Salman
Crown Prince Mohammed bin Salman al Saud raised eyebrows when, in an April interview on Rotana Khalejia TV, he said that the Kingdom was in talks to sell an additional 1% stake in oil giant Saudi Aramco. The buyer was a âleading global energy companyâ he said, which would pay upwards of $18 billion for the stake. The most likely suspects are Sinopec or Petrochina, the oil champions of China, which buys 3 million barrels of Saudi oil a day.
Europe Hotel Transactions Bulletin - Week Ending 7 May 2021
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Turm am Mailänder Platz hotel development in
Stuttgart, Germany from Austrian developer
STRABAG Real Estate for
€137 million. The forward sale includes 429 rooms across two new-build hotels, collectively €320,000 per room, being a 169-room
Adina Aparthotel and a 260-room
Premier Inn. The development, which is scheduled to complete in December 2021, is located in Stuttgart s Europa district close to the new main railway station. The acquisition, which will be added to the buyer s open-ended real estate fund
Unilmmo: Deutschland, follows a six month hiatus from the buyer on any new hotel investments on account of coronavirus.
Tata Group to import 24 cryogenic containers to ease oxygen shortage in India yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
India s oxygen crisis: What needs to be done
India s oxygen crisis: What needs to be done
From installing new oxygen storage tanks at major hospitals to better regulating the existing flow of the precious commodity, experts tell us what needs to be done in the next few days
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UPDATED: May 10, 2021 09:12 IST
COVID patients on oxygen support wait outside a hospital for admission, in Jammu, May 6 (PTI) As the second wave of the Covid-19 pandemic continues to overwhelm India’s medical system, no resource has emerged as precious or in as short supply as medical oxygen. India has now recorded over 300,000 Covid-19 cases for over a fortnight in a row. An estimated 17 per cent of all persons hospitalised with Covid-19 symptoms require medical oxygen, with Government data released on May 8 saying more than 137,000 people across India are on oxygen support. This is more than three times the number of those needing oxygen in the first wave.
Reliance Jio has added three times more subscribers between Jan-March 2021 compared to the preceding three months. But most of them are low-paying users, who use Jio as a second phone for cheaper plans, and therefore the subscriber addition is not adding to the revenue or the profit in a big way.
Jio s new subscriber additions have seen a recoveryReliance / Business Insider India / Flourish
“We believe Reliance Jio should be comfortable taking tariff hike if the current market structure is maintained, wherein it provides more value for money to subscribers compared to peers. This structure would ensure Jio grows its subscribers faster,” stated an ICICI securities report dated April 8, 2021.