Saudi Arabia to sell $12bn worth of Saudi Aramco shares; Offering in world’s largest oil exporter to be set in range of SR26.7-SR29 as kingdom seeks fresh capital Tom Wilson, Anjli Raval, Shotaro Tani and Malcolm Moore and Ahmed Al O...
As far as I can see, the main argument that these new modular electricity generation plants will be affordable is that they will only generate a relatively small amount of electricity at once —about 300 megawatts or less, or about one third of the average of conventional nuclear reactors in ...
Hello and welcome to Eye on AI. In this edition…what’s wrong with the way we regulate medical AI and how one startup plans to fix it; OpenAI rolls out its o1 reasoning model and says its structure will change; Can AI chatbots implant false memories?
While EVs do not produce any tailpipe emissions, they can still be responsible for air pollution if the power plants that supply them run on fossil fuels such as natural gas or coal. This also has the effect of displacing air pollution from busy highways to the communities that live near t...
“The locals – banks and brokers included – don’t want to be seen lending it [Aramco stock] out to sellers right now but that will change over time, and for the moment we can do the usual Saudi short through swaps, options, and futures, which is fine to get most of the risk ...
The traders said liquidity - meaning how easy it is to buy or sell a bond - is worse now in gilts than in other big government bond markets, while investors remain reluctant to take new positions on the direction of rates. The difference between the price a seller ...
finding a way to collect enough oil to make the distillation of Seneca oil into lamp oil profitable. He tries everything he can think of. The Native Americans had historically collected the oil by damming the creek near a seep and skimming the oil off the top. But Drake can only collect...
“here’s how i can give you a $1 trillion gift: you invest $100 billion in my fund, i give you a trillion.” son left the meeting with a non-binding commitment of $45 billion over the next five years. six weeks later, the two men met again in riyadh, the saudi capital. son ...
Microsoft has become the second public US company to reach a $2T market value, after Apple did in August 2020 and two years after hitting its first $1T in value — - Shares of the software giant have gained 19% so far this year — Only Apple and Saudi Aramco had hit $2 trillion in...