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Sunday, March 15, 2020

Aramco's 2019 profit falls 21%, plans to adjust capital spending

Oil giant Saudi Aramco on Sunday posted a 21% decline in 2019 net profit due to a drop in oil prices and production, and said it plans to "rationalize" capital spending in the wake of the coronavirus outbreak.


from Reuters: Business News https://ift.tt/2IK3fsl

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Faisal Islam: Benefits changes mean a million people will be thousands of pounds worse off

These plans are more geared towards making budgetary numbers add up than fundamental welfare reform. from BBC News https://ift.tt/KvsI9qx ...