Analysts provided wide valuation estimates for Saudi Aramco, ranging between $1.2 trillion and $2.3 trillion, fund managers who have seen research notes said, as the oil giant kick-started its initial public offering (IPO) on the local bourse.
Asian shares surged on Monday, with a broad regional gauge hitting more than 14-week highs, as growing optimism over U.S.-China trade talks and upbeat U.S. job data boosted global investors' appetite for riskier assets.
Oil prices eased on Monday as traders took profit ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.-China trade row that has hurt global economic growth and crimped energy demand.
China's Foreign Ministry said on Monday that President Xi Jinping and U.S. President Donald Trump have been in touch all along through various means, when asked when and where the two leaders might meet.
Valuations for Saudi Aramco vary by more than $1 trillion, according to fund managers who have seen banks' research, underscoring the uncertainty hanging over what could be the world's largest stock market listing.
Short video-sharing app TikTok has become the latest Chinese firm caught in U.S. regulatory crossfire, with Washington launching a national security review of its $1 billion acquisition of U.S. social media app Musical.ly.
Chinese President Xi Jinping and U.S. President Donald Trump have been in continuous touch through "various means", China's Foreign Ministry said on Monday, when asked when and where the two leaders might meet to ink a trade deal.
Macquarie Group's sudden exit from European and U.S. equity trading may just be the start of a large-scale retreat from the once-thriving business, as all but the biggest global banks struggle to make it pay.
Ryanair on Monday announced a further two-month delay to the start of its Boeing MAX 737 deliveries and warned it may have none of the jets to fly next summer, which would freeze growth of one of Europe's fastest growing airlines.
Ryanair expects further delay to its Boeing MAX 737 deliveries and may still be without the jets next summer, it said on Monday after half-year results that gave the Irish airline's shares a 7% uplift.
The European Central Bank denied on Monday a report in the Financial Times that it is putting pressure on Deutsche Bank's Christian Sewing to give up his dual role as chief executive and investment bank head.
Santander has taken a 350 million pound ($453 million) majority stake in UK-based Ebury as part of a digital strategy to boost growth through new ventures, the Spanish bank announced on Monday.
There is no "promise fatigue" about China's efforts to open its economy to foreign businesses, the government said on Monday on the eve of week-long import fair, after the European Union said China needed to make rapid and substantial improvements.
Ryanair is to ask competition authorities to force British Airways owner IAG to make divestments as part of its purchase of Air Europa, chief executive Michael O'Leary said on Monday.
Oil prices inched up slightly on Monday after rising expectations of a U.S.-China trade deal boosted benchmarks in the previous session.