1. Corporate Finance

Saudi Aramco Launches $12 Billion Secondary Share Sale

Written by Posted on Less than 0 min read

Saudi Aramco, the world’s largest oil company by daily crude production and market capitalization, launched a substantial secondary public offering on Sunday, aiming to raise around $12 billion. This move comes as part of the Saudi Aramco’s strategy to generate additional funds, following its record-breaking initial public offering in 2019, which raised $29.4 billion by selling 1.5% of the company.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Channel: Restaurants

Wendy’s To Introduce Surge Pricing Similar to Uber

Wendy’s is gearing up to roll out a new pricing strategy that mimics the surge pricing model used by ride-sharing services like Uber. This means that the cost of your favorite Wendy’s items could fluctuate throughout the day depending on demand. View Original Article Restaurants Strategy RetailWire Member since October 25, 2020 Loading + Follow […]
< 1 min read
0
  1. Trends & External Forces

Minneapolis Faces Potential Loss of Uber and Lyft

Residents of Minneapolis, Minnesota, are bracing for the imminent departure of Uber and Lyft, the popular ride-hailing apps. The reason? A contentious dispute with the city’s government over driver pay is threatening to disrupt the everyday commutes and travel plans of thousands of residents. View Original Article Government RetailWire Member since October 25, 2020 Loading […]
< 1 min read
0
  1. Uncategorized

Grocery Prices Have Finally Fallen for the First Time in a Year

Some grocery staples are seeing a decline in price. View Original Article RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors […]
< 1 min read
0
  1. Associates & Employees

IBM Implements Staff Reductions in Marketing and Communications

IBM recently conveyed to its employees within its marketing and communications division that a reduction in the workforce is imminent, as reported by an insider familiar with the situation. View Original Article Associates RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a […]
< 1 min read
0
  1. Merchandising

Frontier Airlines Offers Upfront Plus Seating With a Guaranteed Middle Seat

Frontier Airlines is offering Upfront Plus seating as a new incentive. This upgraded seating option provides passengers extra space and comfort in the first two rows of the aircraft. View Original Article Pricing & Promotions Unilever RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the […]
< 1 min read
0
  1. Technology & Innovation

Apple’s Watch Ultra makes list of top 2022 tech gadgets

In naming the Apple Watch Ultra among the most notable tech debuts of the year, Engadget reviewer Cherlynn Low cites the product’s fine aesthetics, comfort and array of cool features, including “a depth gauge for divers, dual-frequency GPS for more-accurate distance tracking, an emergency siren and impressive four-day battery life.” View Original Article Technology & […]
< 1 min read
0
  1. CPG: Food

Häagen-Dazs Celebrates Trailblazing Women With The Rose Project

In an ode to the unsung heroes of our time, Häagen-Dazs proudly unveils The Rose Project’s latest champions. These exceptional women, dubbed the “Women Who Don’t Hold Back,” are paving the way for a brighter future. And now, the search for the next wave of inspirational figures begins, as nominations open for The Rose Project […]
< 1 min read
0
  1. Channel: Mass

Walmart to raise $5 billion in corporate bond deal

Walmart plans to use the $5 billion raised in a corporate bond offering for general corporate purposes. The retailer has at least $4 billion in bonds maturing over the next six months, according to CreditSights. View Original Article Walmart RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion […]
< 1 min read
0
  1. Uncategorized

Old 3G Mobile Phones Face Cutoff as 5G Takes Over

Telecoms companies are phasing out old 3G networks in favor of newer, faster 5G systems, which could leave owners of older mobile phones without service. Vodafone has already made the switch, leaving behind 3G in favor of more advanced 4G and 5G services. View Original Article RetailWire Member since October 25, 2020 Loading + Follow […]
< 1 min read
0
  1. Department: Food

Beyond Meat Is Revitalizing Its Brand With Healthier Beef

Beyond Meat, based in El Segundo, California, is giving its popular plant-based burger a makeover in hopes of reigniting interest and sales in the United States. View Original Article Dept. Fresh Health & Wellness Trends: Food and Beverage RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, […]
< 1 min read
0
  1. Stores & Formats

JetBlue and Southwest Airlines Collision Narrowly Avoided at Reagan National Airport

An air traffic controller instructed one plane to cross the runway at the same time a second plane was taking off. View Original Article Store Location RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with […]
< 1 min read
0
  1. Shopper & Customer

McDonald’s Might Relaunch $5 Meal Deals

McDonald’s is gearing up to launch a $5 meal deal in the US, aiming to attract cost-conscious consumers back into its stores. The proposed deal may include a McChicken or a McDouble, accompanied by fries and a drink. View Original Article Brick and Mortar Consumers Dept. Beverage RetailWire Member since October 25, 2020 Loading + […]
< 1 min read
0
  1. Trends & External Forces

California and New York To Crack Down on Retail Theft in 2024

The governors of California and New York revealed plans to combat retail crime, while trade associations and police departments advocate for government intervention to address the issue. View Original Article Legal & Criminal Government Predictions and Forecasts RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving […]
< 1 min read
0
  1. Shopper & Customer

Older consumers love their senior discounts

Interest in senior discounts is growing, particularly among older people on fixed incomes. Reviewer mentions of “senior discount” increased 36 percent in 2022, according to Yelp. View Original Article Marketing: Trade Marketing: Social Media Pricing & Promotions Consumers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, […]
< 1 min read
0
  1. ESG

Hyundai and Kia Thefts Surge Over 1,000% Since 2020

Particular Hyundai and Kia models have experienced a tenfold spike in thefts over the past three years, which is a substantial rise correlated to social media posts giving information on ways to steal these cars. View Original Article ESG and CSR Marketing: Social Media RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire […]
< 1 min read
0
  1. Technology & Innovation

Tesla Prepares for Optimus Robot Production

The world might be on the brink of a futuristic shift as Tesla plans to mass produce its Optimus humanoid robots. The renowned electric vehicle and artificial intelligence company, Tesla, is rapidly expanding its workforce in Palo Alto, a strong indication of its ambitious production plans. View Original Article AI Associates Dept. Fresh Dept. Perimeter […]
< 1 min read
0
  1. Shopper & Customer

Viking Cruise Line Stocks Surge 10% on Market Debut

Viking, a cruise line renowned for its upscale voyages targeting affluent baby boomers, made a splash on the New York Stock Exchange today under the ticker symbol “VIK.” View Original Article Consumers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free […]
< 1 min read
0
  1. Stores & Formats

Uptick in major Manhattan retail leases point to a recovery

NYC realtors who have been looking for signs that the plague of retail vacancies might be coming to an end took solace in a new report from CBRE showing a slight decline in available space and a 1.2 percent increase in lease values. In particular, the apparel sector faired well, leading leasing volume with over […]
< 1 min read
0
  1. Channel: Grocery

Kroger and Albertsons merger is far from a done deal

Kroger and Albertsons argue that a merger of the supermarket giants will lead to lower prices and other benefits for consumers. Many question, however, if Kroger and Albertsons are painting a realistic picture. Opposition to the deal is real, and organized. View Original Article Albertsons / Safeway Consumers Kroger Mergers RetailWire Member since October 25, […]
< 1 min read
0
  1. Channel: Delivery

DoorDash gives drivers the option to get paid by the hour

DoorDash is shaking up its business model to give delivery drivers the option of being paid an hourly minimum wage instead of being paid by the order. The new hourly rate only applies to active delivery time and drivers are not paid for the time they wait for orders to deliver. DoorDash said it is… […]
< 1 min read
0
Next