Markets
Saudi Aramco’s record IPO starts Nov 17, prospectus says
Saudi Arabia is pulling out all the stops to ensure the success of the IPO, a cornerstone of Prince Mohammed's ambitious plans to steer the economy away from oil by pumping tens of billions of dollars into a host of megaprojects and non-energy industries. [Full Article...]
Petrol pumps shut down over cash shortage
Though it's still pegged at 1,500 pounds to the dollar, the Lebanese pound is trading at up to 1,900 to the dollar on the black market, a devaluation of almost 30% from the official rate. That has led to many Lebanese turning to unofficial money changers, who are selling dollars at a higher rate. Fearing political instability and the sharp devaluation of the pound, many Lebanese have sought to w... [Full Article...]
Man says he found marijuana in his McDonald’s sweet tea on HHI
Mr Brown said he felt "high as a kite", and was "panicking" while at his job, so he called his dad who urged him to contact police, and tell his manager what had happened. "I didn't want to get in issues for this". "I have never had weed a day in my life, so immediately after I started drinking it, I started to feel weird, and it didn't taste like something I recognized", Brown said. [Full Article...]
Amazon will open new brand of grocery store next year
The footprint will be larger than the chain of small Amazon Go cashierless convenience stores, and will feature a conventional check-out experience. The company has posted four job listings for "Amazon's first grocery store" in the Woodland Hills neighborhood of Los Angeles. [Full Article...]
Flight From Barcelona to Dublin Evacuated After Stowaway Locks Himself in Toilet
A Vueling Airlines flight scheduled to depart Barcelona for Dublin on Monday, November 11, was evacuated after a man locked himself in the toilet. Police officials said they received a tip that an unidentified individual had entered the plane illegally. [Full Article...]
Clintons in Grantham under threat with 66 stores nationally facing closure
The company, which has a branch in Lynn's High Street, is in talks with landlords over rents - a move which many believe could lead to it entering a company voluntary arrangement (CVA ). firm American Greetings, its current owners, and the business rebranded. Clintons, previously known as Clinton Cards, had appointed advisers from consultancy KPMG to explore a potential sale, but it is thought ... [Full Article...]
Stocks split as uncertainty reigns in US-China trade talks
Asian stocks had their worst day since August. The Chinese-ruled city was beset by protests over the weekend after the death of a student who fell from a parking garage while police were trying to disperse crowds the week before. "China would like to get somewhat of a rollback, not a complete rollback because they know I won't do it". In fact, President Trump poured could water on Friday ove... [Full Article...]
Prosus sticks with $6.3 billion Just Eat bid but lowers threshold
Just Eat had previously agreed on the terms of a £4.7billion all-share deal with Takeaway.com, which is lower than Prosus' offer. The move follows an announcement last week by its rival bidder, Takeaway.com , which also said that its offer will go through if 75 per cent of Just Eat shareholders accept. [Full Article...]