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10 things you need to know before the opening bell

1 month ago   |   By Business Insider

Here's what you need to know before the markets open.
Saudi Arabia plowed $1 billion into Shell and other European oil producers. Saudi's Public Investment Fund, which recently took an 8.2% stake in cruise giant Carnival, made the purchases.
There is a looming global shortage of condoms and the UN is warning of its devastating consequences. The UN has warned this decline in production could lead to a devastating rise in unintended pregnancies.
Obama calls out the lack of a 'robust system of testing' for coronavirus in the US. The US is well behind other nations in terms of testing for...
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Saudi Arabia plowed $1 billion into Shell and other European oil producers

Saudi Arabia plowed $1 billion into Shell and other European oil producers

1 month ago   |   By Business Insider

Saudi Arabia snapped up about $1 billion worth of stock in four European oil companies, The Wall Street Journal reported on Wednesday .
The kingdom took advantage of the coronavirus sell-off and slump in oil prices to build stakes in Royal Dutch Shell, Equinor, Total, and Eni, the newspaper said.
Saudi's Public Investment Fund, which recently took an 8.2% stake in cruise giant Carnival, made the purchases.
Shares in Shell, Equinor, Total, and Eni have all tumbled more than 30% since January.
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Saudi Arabia bought about $1 billion worth of...
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