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DUBAI: A Saudi private-school operator’s initial public offering in October attracted less demand than recent previous sales in the kingdom, two people with knowledge of the matter said, a further indication that investors abroad are cautious about the potential economic aftermath of dissident columnist Jamal Khashoggi’s murder a month ago.
NEW YORK: Cloud communications provider Twilio Inc said on Monday it would buy email technology firm SendGrid Inc in an all-stock deal valued at about US$2 billion.
KUALA LUMPUR: Three top executives at palm oil producer FGV Holdings Bhd left the company at the end of August, in a management shake-up at the world’s largest crude palm oil producer, three sources familiar with the company operations said on Tuesday.
NEW YORK: Facebook Inc has always had one absolute leader, cemented by a share class structure that maintained Mark Zuckerberg’s voting control even when he sold millions of shares.
BENGALURU: Shares of Tesla Inc fell over 3.5 percent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cavers involved in the rescue of 12 Thai children last week.
Global retailer awaiting outcome of PwC probe into deal