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Saudi Arabia's Aramco Considers Selling $50 Billion in Shares
Business

Saudi Arabia's Aramco Considers Selling $50 Billion in Shares

The offering, likely on the Riyadh exchange, would be the largest in the history of capital markets. Similar previous plans have fallen through. Source link

Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Business

Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods

Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link

Anheuser-Busch Selling Shock Top, Blue Point to Cannabis Company Tilray
Business

Anheuser-Busch Selling Shock Top, Blue Point to Cannabis Company Tilray

The Bud Light owner is selling eight beer and beverage brands for an undisclosed amount. Source link

How Primark Built a Thriving Business Without Selling Online
Business

How Primark Built a Thriving Business Without Selling Online

E-commerce is booming, but Primark is increasing its revenue by focusing on retail stores. WSJ’s Trefor Moss explains how Primark has gained a foothold in

Russia Defies Sanctions by Selling Oil Above Price Cap
Business

Russia Defies Sanctions by Selling Oil Above Price Cap

Higher prices could bolster Moscow’s oil-export revenues, which last month dropped to just over half their level from a year ago. Source link

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Exclusive-China’s state banks seen selling dollars offshore to slow yuan declines

© Reuters. FILE PHOTO: Coins and banknotes of China’s yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo SHANGHAI (Reuters)

Shein Takes on Amazon in the Business of Selling Everything
Business

Shein Takes on Amazon in the Business of Selling Everything

By Shen Lu July 7, 2023 11:00 pm ET Listen to article (2 minutes) In just a few years, Shein has rapidly expanded from a