UPDATE 1-Saudi Aramco likely to give IPO roles to Citi, Goldman, HSBC and Samba -source

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UPDATE 1-Saudi Aramco likely to give IPO roles to Citi, Goldman, HSBC and Samba -source

(Adds details, context). DUBAI, Sept 8 (Reuters) – Saudi Aramco is likely to give roles to Citi, Goldman Sachs, HSBC and Samba Financial Bank for its planned initial public offering (IPO), a source familiar with the transaction said on Sunday. The four banks …
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Rich Pickings: China Food Producer Valuations Are World Beaters

… $1 billion, six of the 10 food and beverage stocks with the highest price-earnings ratios globally are Chinese, data compiled by Bloomberg show.
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British Airways cancels hundreds of flights as pilots strike

British Airways canceled hundreds of flights as chances dwindled for a breakthrough that would avert the first pilots’ strike in decades. After the weekend yielded little progress toward a resolution of the pay dispute, a British Airways spokeswoman said Sunday …
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JPMorgan close to winning lead advisory role for Saudi Aramco IPO: source

(Reuters) – JPMorgan Chase & Co (JPM.N) is close to winning the lead advisory role for Saudi Aramco’s initial public offering, a source familiar with the situation said on Sunday. Reuters reported last month that Aramco formally asked major banks to submit …
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EM Rally Hinges on Draghi Being the Dove Traders Want Him to Be

More than 80% of economists surveyed by Bloomberg predict the ECB will announce it's resuming bond buying, and forecasters see the deposit
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