Sunday, October 31, 2021

Saudi Aramco sees third-quarter income rise to $30.4 billion

Saudi Aramco sees third-quarter income rise to $30.4 billion Saudi Arabia’s majority state-owned oil giant Aramco said its net income more than doubled from $11.8 billion during the same three-month period a year earlier. Last year’s figure came after profits plunged dramatically as global coronavirus lockdowns slammed oil prices

from Moneycontrol Business News https://ift.tt/3pQoxv2

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...