RIYADH, March 7 Reuters Saudi Arabia transferred an 8 stake in Aramco to companies owned by the sovereign Public Investment Fund, as the kingdom reorganises its holdings ahead of a potential public offering in the oil giant. The stake is worth roughly 163.6 billion, according to Aramco39;s current market capitalisation, LSEG data shows. Saudi Arabia […]

LONDON, March 7 Reuters Virgin Money, the British challenger bank founded by entrepreneur Richard Branson, could be swallowed up by mutuallyowned lender Nationwide, in a surprise 2.9 billion pound potential deal, the companies said on Thursday. The proposed takeover, still subject to conditions, serves as a milestone for the UK banking industry, and would consign one […]

March 7 Reuters Investors have piled into Nvidiafocused exchangetraded funds ETFs this year on the frenzy around AI, with inflows into a bullish fund that tracks the shares of the chip designer hitting an alltime high on Wednesday. Net daily inflows into the GraniteShares 2x Long NVDA Daily ETF hit a record of 197 million, according […]

March 7 Reuters U.S. oil producer Hess said on Thursday it was reviewing the timeline for closing its merger with Chevron, after oil major Exxon Mobil signaled a potential counter offer for Hess39;s Guyana assets. Exxon on Wednesday filed a contract arbitration claim related to Hess39; proposed sale of its Guyana oil properties and suggested it may counter Chevron39;s […]