Edition:
India

Marwa Rashad

SoftBank's Vision Fund 2 stalls as key backers opt out

13 Feb 2020

DUBAI/RIYADH Big investors who are critical to SoftBank Group's plans for a second massive technology investment fund are refusing to take part unless the first $100 billion (77 billion pounds) Vision Fund can turn around its performance, sources familiar with the talks told Reuters. | Video

RPT-Softbank's Vision Fund 2 stalls as key backers opt out

13 Feb 2020

DUBAI/RIYADH, Feb 12 Big investors who are critical to SoftBank Group's plans for a second massive technology investment fund are refusing to take part unless the first $100 billion Vision Fund can turn around its performance, sources familiar with the talks told Reuters.

Softbank's Vision Fund 2 stalls as key backers opt out

13 Feb 2020

DUBAI/RIYADH Big investors who are critical to SoftBank Group's plans for a second massive technology investment fund are refusing to take part unless the first $100 billion Vision Fund can turn around its performance, sources familiar with the talks told Reuters. | Video

Softbank's Vision Fund 2 stalls as key backers opt out

12 Feb 2020

DUBAI/RIYADH, Feb 12 Big investors who are critical to SoftBank Group's plans for a second massive technology investment fund are refusing to take part unless the first $100 billion Vision Fund can turn around its performance, sources familiar with the talks told Reuters.

Saudi Aramco sees increase in attempted cyber attacks

07 Feb 2020

RIYADH Saudi Aramco has seen an increase in attempted cyber attacks since the final quarter of 2019, which the company has so far successfully countered, the state oil giant's chief information security officer told Reuters on Thursday.

Saudi Aramco sees increase in attempted cyber attacks

07 Feb 2020

RIYADH, Feb 6 Saudi Aramco has seen an increase in attempted cyber attacks since the final quarter of 2019, which the company has so far successfully countered, the state oil giant's chief information security officer told Reuters on Thursday.

Taps open for Saudi listings after Aramco's record IPO

04 Feb 2020

DUBAI/RIYADH Several Saudi Arabian companies are planning to list shares on the Riyadh exchange in coming months in the wake of oil giant Aramco's record IPO.

Saudi Arabia's SABIC posts fourth-quarter loss, sees slowdown in 2020

29 Jan 2020

RIYADH/DUBAI Saudi Basic Industries Corp (SABIC) expects a slowdown in demand in 2020, CEO Yousef al-Benyan said on Wednesday, after the world's fourth-biggest petrochemicals maker reported a fourth-quarter loss.

Air Liquide pumps hydrogen to Saudi Aramco unit in shift from oil

28 Jan 2020

RIYADH Air Liquide Arabia (ALAR) on Tuesday began pumping hydrogen through its $400 million pipeline network in Saudi Arabia's Red Sea city of Yanbu and will supply a Saudi Aramco refinery as the kingdom seeks to shift towards cleaner fuel.

Air Liquide pumps hydrogen to Saudi Aramco unit in shift from oil

28 Jan 2020

RIYADH, Jan 28 Air Liquide Arabia (ALAR) on Tuesday began pumping hydrogen through its $400 million pipeline network in Saudi Arabia's Red Sea city of Yanbu and will supply a Saudi Aramco refinery as the kingdom seeks to shift towards cleaner fuel.

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