Saturday, May 16, 2020

Saudi wealth fund boosts US holdings with stakes in Citi, Boeing, Facebook

Saudi Arabia's sovereign wealth fund has bought minority stakes in major American companies including Boeing, Facebook and Citigroup, a regulatory filing showed, giving it a portfolio of nearly $10 billion in U.S.-listed stocks.

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Audi India opens second showroom in Hyderabad

Audi has opened a new showroom in Hyderabad. This marks a significant expansion for the German luxury car maker in India. The state-of-the-a...