United News of Bangladesh

Saudi oil company Aramco announced on Sunday an indicative price range of 30-32 riyals per share (8-8.5 U.S. dollars) for its planned public offering (IPO) which would value the company at 1.6 to 1.7 trillion dollars.

Saudi Arabia’s state-owned oil giant Aramco announced Sunday it will sell a 1.5% stake in the company as it looks to raise as much as $25.6 billion from the sale.

Wall Street closed out the week with more milestones Friday as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs.

Detroit,Nov 16 (AP/UNB) — Members of the United Auto Workers union at Ford Motor Co. voted Friday to approve a new contract with the company.

The head of a giant private prison company says his firm is prepared for the “worst case scenario” should a Democratic presidential candidate win the 2020 election and attempt to abolish private involvement in the prison sector.

Stocks moved higher on Wall Street and headed for records on Friday after U.S. officials said they were making progress in the latest push for a trade agreement with China.

Shares were mixed in Asia on Friday after White House officials said China and the U.S. were getting close to an agreement to cool tensions over trade.

U.S. Defense Secretary Mark Esper said Friday he was certain that the awarding of a $10 billion cloud-computing contract to Microsoft instead of Amazon was done fairly.

Global stocks sank Wednesday after U.S. President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement.

Asian stocks sank Wednesday after President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement.