Italian luxury yacht maker
Ferretti aims to list on the Milan bourse by the end of October
to accelerate its growth plan, which also envisages the
acquisition of a foreign rival, its CEO Alberto Galassi said on
Saudi Arabia officials are discussing
delaying Aramco's initial public offering as attacks on the
company's oil facilities have drastically reduced their output,
the Wall Street Journal reported on Monday, citing people
familiar with the matter.
An attack on Saudi Arabia that
shut 5% of global crude output triggered the biggest surge in
oil prices since 1991, after U.S. officials blamed Iran and
President Donald Trump said Washington was "locked and loaded"
Vivint Smart Home Inc, a home automation
company backed by Blackstone Group, on Monday agreed to
merge with a company funded by a unit of Japan's SoftBank Corp
to create a firm with an enterprise value of $5.6
Credit rating agency Moody's
changed its outlook on Hong Kong's rating to negative from
stable on Monday, reflecting what it called the rising risk of
"an erosion in the strength of Hong Kong's institutions" amid
the city's ongoing protests.