Saudi Arabia’s Public Investment Fund (PIF) risks being pulled deeper into Crown Prince Mohammed bin Salman’s domestic projects, curbing its international ambitions and tying its fortunes closer to its home market, four sources familiar with its strategy said.
Saudi Arabia's Public Investment Fund (PIF) has pursued eye-catching investments abroad over the past several years, part of reform plans to diversify the economy beyond oil and transform the country into a high-tech investment powerhouse.
Royal Dutch Shell and Exxon Mobil are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later this year, the country's oil ministry said in a statement.
Many Group of 20 leaders voiced concern over trade tensions and the risk they pose on the global economy at their meeting in Osaka, western Japan, on Friday, a senior Japanese government official said.
President Donald Trump told Russian President Vladimir Putin on Friday not to meddle in the U.S. elections, appearing to make light of a scandal that had led to a two-year investigation into his campaign's contact with the Kremlin during the 2016 elections.
President Donald Trump on Friday sardonically asked his Russian counterpart to please not meddle in U.S. elections, appearing to make light of a scandal that led to an investigation of his campaign's contact with the Kremlin during 2016 elections.
U.S. President Donald Trump made clear on Friday his priority at a summit of Group of 20 leaders was trade deals to boost the U.S. economy, as other leaders such as China’s Xi Jinping warned against protectionism and its threat to the global economy.
Huawei said its patent talks with U.S. carrier Verizon is "common" business activity and such negotiations should not be politicized, days after a senator filed legislation to prevent the Chinese firm from seeking damages in American courts.
Eliminating fossil fuels from the U.S. power sector, a key goal of the "Green New Deal" backed by many Democratic presidential candidates, would cost $4.7 trillion and pose massive economic and social challenges, according to a report released on Thursday by energy research firm Wood Mackenzie.
To the Democrats running for president of the United States, corporations charge too much for medicines and other critical goods, do not pay enough in taxes and repay bailouts by taking jobs overseas.
The day after Ukraine elected a new president in April, former central bank chief Valeria Gontareva was summoned for questioning as a suspect in a corruption investigation.
Amazon.com has steadily added options for customers to receive their packages including in car trunks, inside home garages and potentially by drone.
China opposes U.S. abuse of export controls and urges the United States to return to a track of cooperation, a commerce ministry spokesman said on Thursday, days before the two countries' leaders are set to meet for talks on trade issues.
Oil prices fell on Thursday to erase some of the previous session's strong gains, as traders wait for the G20 summit in Japan and for a meeting of OPEC and other crude producers to decide on an extension of output cuts.
Asian shares crept higher on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations' leaders in Tokyo.