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#Saudi Aramco 1% Stake Is a Tough Sell - Bloomberg

Saudi Aramco 1% Stake Is a Tough Sell - Bloomberg Five years after Crown Prince Mohammed Bin Salman ventured that “in 2020 we can live without oil,” he is, once again, hawking Saudi Arabia’s oil champion to raise funds. In a recent, sweeping interview with Arab News, he teased the potential sale of 1% of Saudi Arabian Oil Co., or Saudi Aramco, to a “huge company” in an oil-importing country.Who would pay $19 billion for that sliver of the Saudi dream? The obvious candidates are in Asia, where ...
Tags: Travel, Asia, Saudi Arabia, Russia, India, Bloomberg, Reliance, Reuters, Aramco, Saudi Aramco, Mohammed bin Salman, BP Plc, Reliance Industries Ltd, David Fickling, Saudi Arabian Oil Co, Rupert Neil Bumfrey


India’s Covid Crisis Threatens a Global Oil Recovery - Bloomberg

India’s Covid Crisis Threatens a Global Oil Recovery - BloombergIndia, the world’s third-largest oil consumer behind the U.S. and China, was meant to be a major driver of oil’s demand recovery as economies reopened. But the country’s devastating health crisis has made that impossible. Everyone from oil traders to the world’s biggest producers are panicking.Indian Prime Minister Narendra Modi is facing mounting criticism over a surge in coronavirus cases that began shortly after his government de...
Tags: Travel, China, India, Narendra Modi, Kumbh Mela, David Fickling, Rupert Neil Bumfrey, Bloomberg Opinion, COVID, Global Oil Recovery Bloomberg, Global Oil Recovery BloombergIndia


What If You Can't Afford to Fight Coronavirus?

(Bloomberg Opinion) -- As the coronavirus has tiptoed closer to global pandemic status, the world’s major economies are ramping up their spending on defenses. Italy plans to spend $4 billion on emergency economic measures to tackle the outbreak, while South Korea will set aside at least $5.12 billion and U.S. lawmakers rejected a White House request of $2.5 billion as too low. Expectations of additional fiscal and monetary measures to combat the disease helped fuel a rebound in risk assets Monda...
Tags: South Korea, News, Indonesia, White House, Southeast Asia, Nigeria, Africa, Bloomberg, Sierra Leone, Italy, Liberia, Who, World Health Organization, World Bank, Algeria, The Philippines


China Risks Overplaying Its Hand on Trade

(Bloomberg Opinion) -- The U.S.-China trade war has been driven by successive rounds of misunderstanding and overconfidence.Until the collapse of an initial hoped-for agreement in May, the Pollyannas were mainly in Washington. U.S. Trade Representative Robert Lighthizer and his allies in the Trump administration were gunning for a wholesale remaking of the Chinese state’s relationship with the economy which was never likely to happen. Now it’s Beijing’s turn to come to the table with unrealistic...
Tags: News, Washington, China, America, Bloomberg, Beijing, Treasury, Donald Trump, Bloomberg LP, Trump, Bloomberg News, David Fickling, Bloomberg News Dow Jones, Wall Street Journal the Financial Times, Global Times, U S Trade


Asia’s Big Trade Pact Will Hurt the Global Economy

(Bloomberg Opinion) -- From a political perspective, India’s decision overnight to walk away from immediate involvement in a trade zone encompassing half the world’s population and a third of its economy is good for almost everyone.The government of Prime Minister Narendra Modi no longer needs to make difficult concessions on agricultural trade. Other members of the Regional Comprehensive Economic Partnership group, or RCEP, won’t need to open their home markets to India’s thriving, and low-cos...
Tags: Asia, News, Obama, Congress, Australia, Washington, China, Southeast Asia, Singapore, India, Narendra Modi, Beijing, Canada, New Zealand, Donald Trump, New Delhi


The Best YA Books To Get Excited About

If you're shopping for the YA lover in your life (or if you're a YA lover yourself!), it's time to look beyond the adventures of Katniss Everdeen. YA has only gotten more popular in the years since The Hunger Games came out in 2008. Blockbuster adaptations of stand-alone novels and series like The Fault in Our Stars, The Maze Runner, and Divergent have made YA familiar even to those who haven't picked up a book written for teens since they were a teen themselves. But just because the box office...
Tags: Facebook, Fashion, Music, England, Minnesota, Australia, Molly, New York City, Nigeria, America, Iran, Indiana, Green, Noah, Sony, Poland


The Best YA Books To Get Excited About

Photo: Courtesy of Algonquin Young Readers. If you're shopping for the YA lover in your life (or if you're a YA lover yourself!), it's time to look beyond the adventures of Katniss Everdeen. YA has only gotten more popular in the years since The Hunger Games came out in 2008. Blockbuster adaptations of stand-alone novels and series like The Fault in Our Stars, The Maze Runner, and Divergent have made YA familiar even to those who haven't picked up a book written for teens since they were a t...
Tags: Facebook, Fashion, Music, England, Minnesota, Molly, New York City, Nigeria, America, Iran, Indiana, Noah, Sony, Poland, Manhattan, Huntress


The Internet Demands A Stanley Tucci-Jeff Goldblum Rom-Com STAT

Turn off your mind and allow me to take you on a journey.Look at this picture of Jeff Goldblum and Stanley Tucci, side-by-side by in ther dark-rimmed glasses and wearing nice, but not-too-nice button-up shirts and jackets. They both have the perfect amount of scruff, and inverse expressions: a smile and a scowl. They both look trustworthy, honest, and ready to make you laugh. Or, as the internet fantasizes, they look like a married couple and co-owners of a restaurant who find themselves in hea...
Tags: Fashion, Music, Tig Notaro, Rihanna, Selma, Aziz Ansari, Ava Duvernay, Stanley Tucci, Mark Ruffalo, Lupita Nyong, Jeff Goldblum, David Fickling, Fieri, Issa Rae, Stanley Tucci Jeff Goldblum, Guy Fieri Welcome


The Best YA Books Since The Hunger Games

Photo: Courtesy of Algonquin Young Readers. If you're shopping for the YA lover in your life (or if you're a YA lover yourself!), it's time to look beyond the adventures of Katniss Everdeen. YA has only gotten more popular in the years since The Hunger Games came out in 2008. Blockbuster adaptations of stand-alone novels and series like The Fault in Our Stars, The Maze Runner, and Divergent have made YA familiar even to those who haven't picked up a book written for teens since they were a t...
Tags: Facebook, Fashion, Music, England, Minnesota, Molly, New York City, Nigeria, America, Iran, Indiana, Noah, Sony, Poland, Manhattan, Quinn


Asahi Goes Shopping, Ignores Women

David Fickling is a Bloomberg Gadfly columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.
Tags: Bloomberg, Asahi, David Fickling, Bloomberg News Dow Jones, Wall Street Journal the Financial Times


Why Baggage Is Emotional

David Fickling is a Bloomberg Gadfly columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.
Tags: Bloomberg, David Fickling, Bloomberg News Dow Jones, Wall Street Journal the Financial Times


Saudi Oil War Goes MAD

David Fickling is a Bloomberg Gadfly columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.
Tags: Bloomberg, David Fickling, Bloomberg News Dow Jones, Wall Street Journal the Financial Times