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Monday, June 4, 2018

Saudi Aramco restructures non-oil assets ahead of IPO: sources

DHAHRAN, Saudi Arabia/DUBAI (Reuters) - Saudi Aramco has created a subsidiary to house its multibillion-dollar pension fund and could spin off its aviation division, sources said, as it restructures some assets not related to oil and gas ahead of its planned initial public offering (IPO).


from Reuters: Business News https://ift.tt/2xH4HsO

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Chancellor Rachel Reeves will give more detail about the government's plans for the economy. from BBC News https://ift.tt/GkI7Cuc