Saudi Purge
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Stocks Drift as Banks Retreat; Bonds, Oil Climb
EghtesadOnline: Stocks fluctuated and bonds advanced amid a cautious start to the week for markets, with the euro and dollar slipping as President Donald Trump tackled trade on his Asia tour.…
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Citigroup Faces Saudi Setback as Billionaire Backer Arrested
EghtesadOnline: Citigroup Inc. may face new obstacles to rebuilding its Saudi Arabia business after the bank’s longstanding shareholder and promoter was arrested in an anti-corruption drive.
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Oil Trades Near 2-Year High After Saudi Prince Purges Officials
EghtesadOnline: Oil traded near the highest level in two years after Saudi Arabia’s Crown Prince, Mohammed bin Salman, ousted officials during an anti-graft probe in the world’s biggest crude…
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Saudi Purge Rattles Investors
EghtesadOnline: Saudi Arabia has thrown investors a curve ball. King Salman’s move to arrest a string of high-profile nationals, from ministers to princes, has left some encouraged by the authorities’…