A fourth straight weekly fall in the number of rigs actively looking for oil also supported prices. Meanwhile, on Friday, Houston-based Baker Hughes reported that the number of active drilling rigs in the United States decreased by 11 to 806 for week ending November 15, down 276 compared to the same period previous year.
A view of a Dollar Tree store on August 29, 2019 in Daly City, California. The letter labeled these products as being placed on " import alert " and detailed "multiple violations" of manufacturing practices at the centers where they were produced.
Amid a swirl of continuing anti-government protests, Hong Kong confirmed the city has entered into a recession for the first time in a decade . Alibaba will set the worldwide offer price by November 20. Cathay said that unrest in Hong Kong is expected to lead to a small post-acquisition loss for HK Express, which it bought this year from Chinese conglomerate HNA Group Co (海航集團) for HK$4.93 billion (US$629.82 million).
Saudi Arabia today put a value of up to US$1.71 trillion on energy giant Aramco in what could be the world's biggest IPO, but missed Crown Prince Mohammed bin Salman's initial target of US$2 trillion. It has cut the tax rate for Aramco and is promising a hefty dividend. Abdullah al-Faqeeh, a 29-year-old dentist, began saving to buy Aramco shares once de facto Saudi ruler Crown Prince Mohammad bin Salman announced the plans almost four years ago.
If you use Instagram as often as we do, you've probably noticed that the number of likes have disappeared from posts on your timeline. Today, it seems the test has gone global. The test began in Canada in May 2019 and expanded to Australia , New Zealand, Japan, Brazil, Ireland, and Italy in July this year. Of course, hiding like counts is apparently making some influencers and Insta-celebrities get panic attacks.
The Supreme Court, last month, upheld the government's position on including revenue from non-telecommunication businesses in calculating the annual AGR of telecom companies, a share of which is paid as licence and spectrum fee to the exchequer.