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Saudi Aramco, IPO,

Saudi Aramco’s IPO balloons to record $29.4B

Saudi Aramco has boosted the size of its initial public offering, IPO by nearly $4 billion after selling millions of additional shares. Saudi Arabia’s state-run oil giant said Sunday that it’s raised a record $29.4 billion after exercising a “greenshoe option” to sell 450 million more shares than originally planned. The option allowed the company
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Facebook’s Zuckerberg sets to appear before congress to defend Libra

Facebook Chief Executive Officer, Mark Zuckerberg is expected to appear before the United States Congress today to defend “Facebook’s Impact on the Financial Services and Housing Sectors,” but there are reports the interview will be more focused on Facebook’s “Project Libra”. Project Libra was introduced by Facebook earlier in June. It was proposed as a
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