Saudi Aramco Continues IPO of Oil Trading Unit – Bloomberg News

Oct 20 (Reuters) – Saudi Aramco (2222.SE) is moving forward with plans for an initial public offering of its energy trading business, targeting an IPO in Riyadh before the end of the year or early 2023, Bloomberg News reported on Wednesday. The world’s largest oil producer is in the process of adding more banks to … Read more

Australian jobs engine slows in September, supports slower rate hikes

SYDNEY, Oct. 20 (Reuters) – Employment in Australia showed a disappointingly small rise in September, an indication that a very tight labor market could finally ease, easing pressure for faster rate hikes. Figures from the Australian Bureau of Statistics on Thursday showed net employment rose by just 900 in September, below market forecasts of 25,000 … Read more