Saudi Aramco likely to pause refinery investments in India: Report

Saudi Aramco likely to pause refinery investments in India: Report

Oil company Saudi Aramco is reviewing plans to expand at home and abroad in the face of sharply lower oil prices and a heavy dividend burden, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Aramco will review a $6.6 billion plan to add petrochemical output at its Motiva refinery in … Read more

Spying claims are latest twist in Germany’s Wirecard thriller

Spying claims are latest twist in Germany’s Wirecard thriller

Berlin: The plot thickens in the spectacular collapse of payment provider Wirecard: the Austrian man at large over Germany’s worst financial fraud scandal may also have had links to secret services. Jan Marsalek, Wirecard’s former chief operating officer, has vanished since the technology company was busted for what accountants described as an “elaborate and sophisticated … Read more