Tue, 21-Oct-2025

Saudi oil giant Aramco shares hit record high

Aramco

RIYADH: Saudi energy giant Aramco’s shares rose to a record high on Wednesday amid a surge in global oil prices following Russia’s invasion of Ukraine. Aramco’s stock was trading at 42.9 Saudi riyals ($11.4) in Riyadh, according to the Saudi Tadawul market website. The Gulf kingdom, the world’s top crude exporter, has remained the firm’s … Read more

UniCredit plans to give investors $18 billion by 2024

UniCredit

ROME: Italian bank UniCredit announced a three-year business plan on Thursday that includes distributing some 16 billion euros ($18 billion) to shareholders from 2022 to 2024, Reuters reported. The plan under CEO Andrea Orcel, who took over in April, also calls for raising net profit to 4.5 billion euros by 2024, from a targeted 3.3 billion euros … Read more