Saudi Arabia's government leans on Aramco to maintain $75 billion dividend

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Saudi Arabia's government leans on Aramco to maintain $75 billion dividend

(Bloomberg) –The world’s biggest oil company is getting squeezed by its main shareholder, the Saudi Arabian government. Even with crude dropping to $40 a barrel this week and its cash flow plunging, Saudi Aramco is trying to pay a $75 billion dividend this …
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Amazon pays £290m in UK tax as sales surge to £14bn

Online retail giant Amazon paid £293m in tax in the UK last year, while its sales surged 26% to £13.73bn. The firm, which employs 33,000 people in the UK, said the taxes included business rates, corporation tax, stamp duty and other contributions. Amazon …
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Local Unifor President Pleased Ford Picked as Target for Bargaining

The head of Unifor’s bargaining team is ready now that Ford has been selected as the union’s strike target. On Tuesday, the union announced Ford was selected as the target company to establish pattern bargaining in the Detroit Three auto talks, which also …
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Gold Rate Today September 9: Yellow metal rises by Rs 251, Silver jumps Rs 261; check rates here

New Delhi | Jagran Business Desk: Gold prices on Wednesday rose by Rs 251 to reach Rs 52,149 per 10 gram of the yellow metal in the national capital, while Silver prices in Delhi also jumped by Rs 261 to reach Rs 69,211 per kilogram on Wednesday, …
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China's Post-Covid Recovery Has Been Impressive. But Forget About a Global Trickle Down.

You could say that in the past, China growth has been the rising tide that has lifted many different boats, i.e. global economies. Alas, the same may not be said for the country’s rebound from its battle with Covid-19 earlier this year. That is according to Neil …
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