
Update: Saudi Aramco up for sale
Aramco hopes to raise more than $25 billion from its flotation
Saudi Aramco, Saudi Arabia's huge state-owned oil production company is up for sale. 1.5% of its stock will be on offer on the Riyadh stock exchange which Aramco hopes will raise $25 billion, valuing the company at $1.7 trillion. The ÃÛÑ¿´«Ã½'s Sameer Hashmi has been following this highly anticipated IPO from Dubai. A lot of Chinese companies have been relocating in order to rebrand their exports Made in Vietnam - and get around American tariffs. So how lucrative has that new business been? We speak to Lien Huang, who reports for Bloomberg Law in Ho Chi Minh City. Plus Cary Leahy from Decision Economics brings us up to date with the day's headlines on Wall Street.
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World Business Report
The latest business and finance news from around the world, on the ÃÛÑ¿´«Ã½.