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Saudi Aramco shares open 10% above IPO price, garners $1.88 trillion valuation

Aramco has priced the IPO at 32 riyals ($8.53) per share, raising $25.6 billion by selling three billion shares and eclipsing Alibaba's $25 billion IPO of 2014 ...

European Union trumpets Green Deal as its 'man on the moon moment'

Von der Leyen, who took office this month at the helm of the European Union's powerful executive arm, has made the fight against climate change the top prio...

Maryland company surprises employees with $10 million bonus

Employees were given a bonus based on years of service, and the average employee received $50,000. "I wanted to celebrate it and make it meaningful for the pe...

Saudi Aramco shares increase 10% after world's biggest IPO

Saudi Aramco's shares begin trading on the domestic stock market Tadawul on Wednesday, after the energy behemoth completed the world's biggest initial public ...

China November producer prices fall for fifth month, CPI soars

As government measures at national and local levels to restore hog production started to take effect, the soaring trend of pork prices affected by African swin...

Maryland real estate company surprises its employees with $10 million bonus

According to a press release , St. John Properties said it's to celebrate the company's goal of developing 20 million square feet of office, flex/RD&D, retail ...

Former Federal Reserve Chairman Paul Volcker has died

Volcker was appointed Fed chairman by Democratic president Jimmy Carter and reappointed by a Republican, Ronald Reagan . Volcker carried out massive credit...

Holden Has Axed The Commodore After More Than 40 Years

Holden sources the vehicle from former German GM subsidiary Opel , with GM having to pay Opel to build the cars since Opel was sold to France's PSA Group in ...

Motorsport has made Jaguar I-Pace a better EV

The series puts the all-electric SUV through extreme use conditions and the first competitive season yielded critical learnings for the durability and thermal c...

After Announcing Impeachment Charges, House Dems Throw Trump A Trade Bone

He said he would probably return on Monday to continue talks. "I think we set a world record for hanging up on each other", Neal said Tuesday in a Capitol Hill ...

E.coli outbreak linked to salad kits has North Dakota case

In addition to the individual in Quebec, at least 10 people in Ontario, three in New Brunswick, as well as one in each Nova Scotia and Newfoundland and Labrador...

Elon Musk Takes Grimes For A Drive In The Cybertruck

Musk said that Tesla is planning a "sick attachment for the Cybertruck ", according to Electrek , and the marque subsequently released a new render of the e...

Saudi exchange says Aramco shares will start trading December 11

In addition, the Saudi government retains control of production levels, which affects Aramco's output potential. He spoke at the closing press conference of...

Ericsson to pay over US$1 billion to resolve US corruption probe

They said Ericsson's corrupt activities had extended from at least 2000 to 2016 in countries including Djibouti, China, Vietnam, Indonesia and Kuwait. The settl...

Amazon Blames Trump for Losing $10B Contract

Trump" to deny Amazon the deal. Amazon is blaming Donald Trump's "repeated public and behind-the-scenes attacks" against the company and its CEO, Jeff Bezo...

China orders removal of foreign tech in state offices, Financial Times says

This is the first known public directive from Beijing setting specific targets limiting China's use of foreign technology, though it is part a wider move within...

China hopes to reach trade agreement with USA as soon as possible

Monday's sudden chill came after customs data released on Sunday showed exports from China in November fell 1.1 percent from a year earlier, confounding expecta...

Beijing orders Chinese government to dump all Windows PCs by 2022

As per the government directive, Chinese buyers must replace all existing foreign computer equipment within the next three years, a first such public instructio...

Tesco considers sale of Thai and Malaysian stores

Tesco has confirmed it has started a review of its businesses in Thailand and Malaysia, including an evaluation of a possible sale of the divisions. But Thai...

State Police Cruiser Rear-Ended By Tesla On 'Autopilot' On I-95

A Tesla in auto-pilot hit the back of a state police vehicle in CT early Saturday morning. While waiting for a tow, the self-driving Tesla came down the road....

Papa John's Founder Files Lawsuit Against Ad Firm "Laundry Service"

Laundry Service had just been hired as Papa John's ad agency and, according to the complaint, the agency advocated for the company to use Kanye West in its ne...

Woman Stung 'Multiple Times' by a Scorpion on a United Airlines Flight

A woman on a United Airlines flight from San Francisco to Atlanta said she was stung by a scorpion in the middle of the flight. When her leg started to feel...

KFC Brings Back It's Chicken-Scented '11 Herbs & Spices Firelog'

Probably not. And yet KFC's fried chicken-scented firelogs still sold like hotcakes a year ago when they made their debut. You will need to really assess ...

Amazon Confirms It Is Opening a New Office in Manhattan in 2021

Hasson, a reporter for the Daily Caller. The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019....

Wall Street roars as November jobs growth blows past forecasts

The S&P 500 posted 54 new 52-week highs and no new lows; the Nasdaq Composite recorded 124 new highs and 45 new lows. NASDAQ index rose 85.826 points or...

United Kingdom fraud office opens Glencore bribery probe

Britain's SFO is also looking, it said, at the conduct of Glencore businesses, its officials, employees, agents, and associated persons, but did not comment f...

Farmers blockade Aldi distribution centre in row over beef prices

Update 8.30am: The Irish Farmers' Association ( IFA ) is blockading the Lidl distribution centre in Charleville, Co Cork this morning. The supermarket said ...

2017-19 Ford Super Duty trucks recalled for tailgates that could open

In the affected trucks, the electric tailgate latch-release switch is mounted in the tailgate handle. The automaker says that water can enter the electrical w...

Two More Minnesotans Sickened By Tainted Romaine Lettuce

Most romaine lettuce products are labeled with the harvest location where they were grown. Consumers should check whether their lettuce is labeled with a plac...

Nissan GT-R50 production version shown, deliveries start late

Originally revealed in prototype form in June past year, the GT-R50 is a project co-developed by Nissan and Italdesign. The first customer model of this vehicle...

Air New Zealand trials edible biscotti coffee cups

Air New Zealand , Chave said, serves 8 million cups of coffee annually on its worldwide and domestic flights and would explore "scaling options" for the edible ...

Unsworth felt 'branded a paedophile' by Musk tweet

Taylor Wilson, one of Unsworth's lawyers, said in an opening statement that Musk should not have branded Unsworth a sex predator "in what should have been one o...

M&G fund suspension prompts further scrutiny of FCA rules

Its AUM has declined by more than a quarter since the start of the year, from £3.5bn, data from FE Fundinfo shows. "The real question is why did M&G decide to...

BMW will stop charging monthly subscription for CarPlay

Luckily, it's now a one-time upgrade fee of £235 (in the UK) instead of an annual subscription. Surprisingly, its actually uncommon among other automakers to co...

Tesla Inc boss Elon Musk wins defamation trial over 'pedo guy' tweet

The verdict was delivered on the fourth day of the trial a short time after the case was handed to the jury of five women and three men. In an attempt to pers...