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Saudi Arabia hikes most September oil prices to Asia, Auto News, ET Auto

Top oil exporter Saudi Arabia raised September crude prices to Asia after extending its voluntary production cut, signaling market influence. ....

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Service Co. International (NYSE:SCI) Releases FY 2023 Earnings Guidance

Service Co. International (NYSE:SCI – Get Free Report) issued an update on its FY 2023 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $3.40-$3.60 for the period, compared to the consensus estimate of $3.53. The company issued revenue guidance of -. Service Co. International also updated its FY23 guidance […] ....

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Analysis-US institutional investors could face restrictions on Chinese stock ownership

A U.S. congressional examination of Chinese stock holdings in BlackRock funds built on MSCI indexes could presage a broader clampdown on U.S. institutional investment in such shares, analysts said, as Washington fears American capital could help Beijing gain military or technological advantages. The Biden administration is weighing new restrictions on outbound private investment in China on top of existing bans on certain technology sales and other trade measures. A U.S. congressional committee said earlier this week that BlackRock and index provider MSCI were facilitating investments in companies that Washington has tied to Chinese human rights abuses or its military. ....

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