Saudi Aramco private investment plan voluntary, not state imposed, says CEO

Slideshow ( 2 images )LONDON (Reuters) – Saudi Aramco said on Wednesday the government had no plans to impose private partnerships on the oil giant, after it launched a programme to support private investment in the kingdom as part of Saudi Arabia’s diversification push. Saudi Crown Prince Mohammed bin Salman said on Tuesday state-controlled Aramco and petrochemical firm SABIC would […]

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BlackRock de-registers Shanghai unit, focuses on China mutual fund business

SHANGHAI (Reuters) – Global asset manager BlackRock has de-registered a private fund unit in Shanghai as it prepares to launch its mutual fund business in the world’s second-biggest economy.FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File PhotoBlackRock last week voluntarily cancelled the business registration of its wholly foreign-owned […]

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ByteDance considers listing Douyin in New York or Hong Kong: sources

BEIJING/HONG KONG (Reuters) – ByteDance is in talks about a possible offshore listing of its short video app Douyin, the Chinese version of TikTok, in New York or Hong Kong, two people familiar with the matter said.A man stands near a giant sign of Chinese company ByteDance’s app TikTok, known locally as Douyin, during China Fashion Week, in Beijing, China […]

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Macron, Merkel discussed potential Sputnik V vaccine cooperation with Putin

Slideshow ( 2 images )PARIS/MOSCOW (Reuters) – French President Emmanuel Macron and German Chancellor Angela Merkel discussed possible cooperation on vaccines with Russian President Vladimir Putin in a joint video conference on Tuesday, Macron’s office and the Kremlin said. The Kremlin said in a statement that the trio had discussed the outlook for Russia’s flagship Sputnik V vaccine being registered […]

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Swedish COVID czar says no need for tougher measures despite rising infections: newspaper

FILE PHOTO: State epidemiologist Anders Tegnell of the Public Health Agency of Sweden takes part in a digital news conference updating on the coronavirus disease (COVID-19) pandemic situation, in Stockholm, Sweden March 11, 2021. Fredrik Sandberg / TT News Agency/via REUTERS STOCKHOLM (Reuters) – The number of new infections in Sweden is rising, but tougher restrictions are not the way […]

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