Saudi Driller ADES Set to Price $1.2 Billion IPO at Top of Range
ADES Holding Co.’s initial public offering is expected to price at the top of the range and raise $1.2 billion in what’s set to be Saudi Arabia’s biggest listing of the year.
ADES Holding Co.’s initial public offering is expected to price at the top of the range and raise $1.2 billion in what’s set to be Saudi Arabia’s biggest listing of the year.
Vestas Wind Systems A/S, the world’s largest manufacturer of wind turbines, has been unduly swept up in a selloff triggered by negative news from peers, according to Deutsche Bank analysts.
Russian President Vladimir Putin accepted an invitation from Kim Jong Un to visit North Korea after the two held their first summit in four years, which the US believed focused on Pyongyang sending arms to help Moscow attack Ukraine.
Bridgewater Associates LP founder Ray Dalio said he doesn’t want to own bonds and prefers cash, highlighting difficulties investors face as global central banks try to manage inflation.
The boat that won The Ocean Race gathered bacteria and parasite specimens that offer new insights into the dangers of warming seas.
Sweden’s Economic Crime Authority has raided Stockholm’s stock exchange to collect evidence for an ongoing investigation related to market abuse.
Deliveroo Plc is speaking to its advisers about defense strategies ahead of a governance change that will weaken the control of its founder, according to people with knowledge of the matter.
Italian Prime Minister Giorgia Meloni said that a windfall tax on banks’ profits, which has worried investors, could be tweaked as long as the state receives the same expected inflow.
SEE Holding, which developed the Middle East’s first residential community to achieve net zero, is considering an initial public offering of its business including The Sustainable City entity, according to people familiar with the matter.
Sweden’s core inflation rate declined more than expected in August, providing some relief to the country’s central bank as it prepares to unveil its next move in the battle to rein in price increases.