Saudi Aramco official hints at significant increase in dividends
RIYADH — Saudi Aramco’s Chief Financial Officer Ziad Al-Murshed announced on Monday that there will be a significant increase in its dividends.
The official’s revelation came at a time when Aramco is scheduled to announce its financial results for the year 2023 on March 11. The oil giant had recorded a record net income of SR604.0 billion ($161 billion) in 2022,
» Read more about: Saudi Aramco official hints at significant increase in dividends »
Read MoreWarren Buffett’s Secret Stock Pick? Our Top 3 Guesses
InvestorPlace – Stock Market News, Stock Advice & Trading Tips
Warren Buffett stock picks continue to include a secret stock. Speculation was high that Buffett’s mystery holding would be revealed when his company, Berkshire Hathaway’s (NYSE:BRK.A/NYSE:BRK.B) latest 13F regulatory filing was made public.
» Read more about: Warren Buffett’s Secret Stock Pick? Our Top 3 Guesses »
Read MoreChina's stocks slip as big rate cut fails to cheer investors
China’s stocks slipped on Tuesday as a cut in the country’s benchmark mortgage rate failed to significantly shore up investor confidence about prospects for the struggling property market and broader economy. The blue-chip CSI300 Index slipped 0.2% by the midday recess, having gained for five sessions, while Hong Kong’s Hang Seng benchmark lost 0.3%,
» Read more about: China's stocks slip as big rate cut fails to cheer investors »
Read MoreRenewSys to invest Rs 6,000 crores in Hyderabad, generating direct employment to 11,000 members
Telangana government has signed a Memorandum of Understanding (MoU) with RenewSys India with the company promising to invest Rs 6,000 crores in a phased manner over five years generating a direct employment to 11,000 members.
The MoU was signed by Srinath Naidu, Chief Administrative Officer, RenewSys and the Industries Department of Telangana in the presence of Industries and IT Minister,
Read More