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FILE - In this Oct. 14, 2019 file photo, Saudi Arabia's King Salman attends the official welcome ceremony for Russian President Vladimir Putin in Riyadh, Saudi Arabia. On Wednesday, Nov. 20, 2019, Salman touted his country’s reforms in his annual address and stressed the importance of his government’s decision to publicly list shares of the state-run oil giant Aramco. King Salman also commended a decision to grant tourist visas, describing the move as a way to attract investments and showcase Saudi heritage and culture. (AP Photo/Alexander Zemlianichenko, Pool, File)
November 20, 2019 - 11:27 am
RIYADH, Saudi Arabia (AP) — Saudi King Salman touted his country’s reforms in his annual address Wednesday and stressed the importance of his government’s decision to publicly list shares of the state-run oil giant Aramco. He also used his speech to warn rival Iran against further aggressions. Two...
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A man walks near a compound for Saudi Aramco in Jiddah, Saudi Arabia, Sunday, Nov. 3, 2019. Saudi Arabia formally started its long-anticipated initial public offering of its state-run oil giant Saudi Aramco on Sunday, which will see a sliver of the firm offered on a local stock exchange in hopes of raising billions of dollars for the kingdom. (AP Photo/Amr Nabil)
November 10, 2019 - 4:51 am
DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil giant Aramco released a lengthy document late Saturday that lays the ground for investors to buy into the world's most profitable company, but it remains unknown how much is on offer. In its preliminary prospectus, Aramco revealed...
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FILE- In this Sept. 28, 2015, file photo Art Peck, CEO of Gap, speaks at the Clinton Global Initiative in New York. Peck is stepping down as the company continues to grapple with slumping sales. Peck, who has been CEO since 2015, will be temporarily replaced by Gap's non-executive chairman of the board Robert Fisher. (AP Photo/Mark Lennihan, File)
Associated Press
November 07, 2019 - 8:42 pm
NEW YORK (AP) — Gap announced Thursday that CEO Art Peck is stepping down as the company struggles to turn around a long-standing sales slump. The San Francisco-based retailer also lowered its earnings outlook for the year as sales at the Gap, Banana Republic and Old Navy fell in the most recent...
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A man walks near a compound for Saudi Aramco in Jiddah, Saudi Arabia, Sunday, Nov. 3, 2019. Saudi Arabia formally started its long-anticipated initial public offering of its state-run oil giant Saudi Aramco on Sunday, which will see a sliver of the firm offered on a local stock exchange in hopes of raising billions of dollars for the kingdom. (AP Photo/Amr Nabil)
November 03, 2019 - 5:55 am
DHAHRAN, Saudi Arabia (AP) — Saudi Arabia formally began an initial public offering Sunday of a sliver of oil giant Saudi Aramco after years of delay, hoping international and local investors will pay billions of dollars for a stake in the kingdom's crown jewels. An approval by Saudi Arabia's...
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FILE - In this June 26, 2019, file photo a Mobil gas pump displays the various types of fuel and their prices at this Flowood, Miss., station. Exxon Mobil Corp. reports financial results Friday, Nov. 1. (AP Photo/Rogelio V. Solis, File)
November 01, 2019 - 8:30 am
IRVING, Texas (AP) — Exxon Mobil's profit tumbled with crude prices down about 15% from where they were last year, though a $300 million boost from a tax-related item helped. Exxon Mobil Corp. on Friday reported net income of $3.17 billion, or 75 cents per share. Those per-share earnings were 68...
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In this March 1, 2018 photo, the logo of Peugeot is displayed at PSA Peugeot Citroen headquarters during the presentation of the company's 2017 full year results, in Rueil-Malmaison, west of Paris, France. Italian-American carmaker Fiat Chrysler Automobiles on Wednesday, Oct. 30, 2019 confirmed that it is in talks with French rival PSA Peugeot, its second bid this year to reshape the global auto industry facing huge challenges with the transition to electric and autonomous vehicles. (AP Photo/Thibault Camus)
October 31, 2019 - 9:42 am
MILAN (AP) — Fiat Chrysler and France's PSA Peugeot said Thursday they have agreed to merge to create the world's fourth-largest automaker with enough scale to confront big shifts in the industry, including a race to develop electric cars and driverless technologies. Italian-American Fiat Chrysler...
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FILE - In this June 3, 2019, file photo Apple CEO Tim Cook, left, and chief design officer Jonathan Ive look at a Mac Pro in the display room at the Apple Worldwide Developers Conference in San Jose, Calif. Apple Inc. reports financial earns on Wednesday, Oct. 30. (AP Photo/Jeff Chiu, File)
October 30, 2019 - 6:53 pm
SAN FRANCISCO (AP) — Apple is still running a well-oiled moneymaking machine despite cooling demand for its hottest product, the iPhone. Sales and revenue in the July-September quarter exceeded Wall Street estimates as Apple's newest iPhones got off to a better start than expected, even though the...
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FILE - In this Jan. 2, 2014 file photo, a Fiat logo pictured on a car in Milan, Italy. Italian-American carmaker Fiat Chrysler Automobiles on Wednesday, Oct. 30, 2019 confirmed that it is in talks with French rival PSA Peugeot, its second bid this year to reshape the global auto industry facing huge challenges with the transition to electric and autonomous vehicles. (AP Photo/Antonio Calanni, File)
October 30, 2019 - 9:41 am
MILAN (AP) — Fiat Chrysler Automobiles said Wednesday it is in talks with French rival PSA Peugeot in its second bid this year to reshape the global auto industry at a time of heightened uncertainty for the sector. A merger would create the fourth-largest automaker with the potential for big...
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FILE - In this Aug. 16, 2019, file photo the logo for General Electric appears above a trading post on the floor of the New York Stock Exchange. General Electric Co. reports financial earns on Wednesday, Oct. 30. (AP Photo/Richard Drew, File)
October 30, 2019 - 6:52 am
BOSTON (AP) — General Electric is reporting third-quarter losses that were not as bad as expected and it's raising its expectations for industrial free cash flow despite a damaging trade fight and ongoing problems with Boeing's 737 Max. The Boston company on Wednesday reported a loss of $9.42...
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A Saudi organizer at the Future Investment Initiative conference, "FII", smiles as she welcomes participants, in Riyadh, Saudi Arabia, Tuesday, Oct. 29, 2019. The FII drew 6,000 people and international firms to Riyadh for a forum that's the brainchild of the 34-year-old Prince Mohammed. (AP Photo/Amr Nabil)
October 29, 2019 - 1:32 pm
RIYADH, Saudi Arabia (AP) — A long-delayed initial public offering of the state-run oil giant Saudi Aramco will see its shares traded on Riyadh's stock exchange in December, a Saudi-owned satellite news channel reported Tuesday as the kingdom's showcase investment forum began. The report by Dubai-...
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