Aramco set for mega debt deal pitched by JPMorgan's Dimon

Aramco set for mega debt deal pitched by JPMorgan's Dimon

NEW YORK: In a bond sale closely watched by investors globally, Saudi Aramco and its bankers are preparing to kick off what could be at least a US$10bil offering next week. Early indications suggest investors are already crowding in. A message circulated …
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Yang-ho Cho, Who Made Korean Air A Global Power, Has Died

Yang-ho Cho, who took the reins of Korean Air in 1999 as chairman and CEO after serving as its president and CEO for four years, died peacefully today in a Los Angeles hospital after a brief illness, the company said in a press release. In his more than two …
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Lynas confirms expansion plans to dodge Malaysian sovereign risk

Wesfarmers takeover target, Lynas, has revealed plans to set up processing operations closer to its mine in Western Australia to “mitigate risk” related to its billion-dollar rare earths operations in Malaysia. Malaysia’s Prime Minister Mahathir Mohamad. Credit: …
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Joe Guzzardi: $15 Minimum Wage Imploding

Raising and sustaining higher wages for American workers is impossible as long as the labor pool keeps expanding. Serious discussion about lasting improvements to the lives of the 40 million Americans stuck in low-paying jobs has to include an equally …
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Kudlow Says US-China Deal Closer

President Trump's top economic advisor says the U.S. and China are getting closer to a trade deal and that top tier officials will be talking again this
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