
Petronas Raises $1.4 Billion Cutting Listed Unit Stakes
Petroliam Nasional Bhd. has raised about 6 billion ringgit ($1.4 billion) by cutting its stakes in three listed units, people with knowledge of the matter said.
Petroliam Nasional Bhd. has raised about 6 billion ringgit ($1.4 billion) by cutting its stakes in three listed units, people with knowledge of the matter said.
U.K. retailers’ stocks are unlikely to sustain a bounce following this week’s parliamentary election, according to Morgan Stanley analysts.
South African Airways, the national airline that’s entered a form of bankruptcy protection, may only be offered 5% of the $60 million that its owed by neighboring Zimbabwe in funds from ticket sales and hasn’t been able to extract from the country.
New data show manufacturing jobs are still growing in Pennsylvania and Wisconsin.
Citigroup Inc. is putting the finishing touches on the complete renovation of its Manhattan headquarters -- and its traders are among thousands of employees reaping the benefits.
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