Home » Mundo » Saudi Aramco Ditches Asia, Aims For New York IPO

The Dhahran-based company, which pays a royalty of 20 percent and a government tax of 85 percent, planned to sell only a 5 percent stake on its exchange of choice.The US banks have merged as the frontrunners to oversee the transaction, but other financial institutions such as HSBC are also being considered for a role, Reuters reported, citing unnamed sources. Riots, looting in Sweden after Trump’s apparent claim of terror attack
The police reported that several cars were burning in the area and the police were assisting firemen to put the fires out. Following a drug-related arrest on February 20, riots occurred in the Rinkeby neighborhood, the Chicago Tribune reports . In line with pledges by the Organization of Petroleum Exporting Countries to rein in oil output, effectively jacking up the price of the commodity from its steep mid-2014 decline, Aramco began lowering its production in January by almost half a million barrels per day.The world’s largest oil company is also considering listing its stock in either London or Toronto. Vail Moves The Epic Pass East, Buying Stowe Resort In Vermont
Vail Resort’s website says visitors can expect operations to continue as normal for the remainder of this ski season. Now, with its purchase of Stowe, Vail has added a 13th resort to its already massive resort portfolio. – Earlier this month boutique investment bank Moelis was selected as the independent adviser to Aramco for the IPO.As part of collaboration talks between Canadian and Saudi Arabian leaders, “we are dedicating a portion of our effort toward attracting the Saudi Aramco IPO to TSX, Canada’s premier stock exchange”, Nick Thadaney, president and CEO, global equity capital markets at TMX, said in an emailed statement to CNBC. Microsoft Releases KB4010250 to Patch Flash Player Vulnerabilities
The bug in question, noticed by Googler Mateusz Jurczyk, allows the hacker to gain access to the memory using EMF metafiles. Nonetheless, Microsoft still needs to act soon to beat the development of any advanced exploits that may happen anytime. With oil prices plummeting to as low as $27 per barrel in 2016, oil-rich states in the Middle East have had to reconsider their options, despite the fact Brent crude has maintained at least $50 per barrel since last November.

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