Saudi finance minister Mohammed al-Jadaan said on Tuesday the policy of the country's sovereign fund, Public Investment Fund (PIF), is based on medium to long-term investments, and it did not contribute revenues to 2018 and 2019 budgets.
The excitement of proposed initial public offerings by ride-hailing rivals Uber and Lyft next year may not be enough to encourage other firms to follow suit, as they fear that slowing global growth and rocky stock markets dragging into next year could threaten market debut valuations.
The World Trade Organization (WTO) said on Tuesday it would investigate Qatar's allegations of intellectual property breaches against Saudi Arabia, despite the kingdom's objection that the WTO had no standing to hear the case.
Elon Musk's SpaceX halted Tuesday's launch of a long-delayed navigation satellite for the U.S. military, postponing for at least a day the space transportation company's first designated national security mission for the United States.
French spirits group Pernod Ricard , which is targeted by activist investor Elliott Management, said on Tuesday it was buying an unspecified stake to become a "strategic shareholder" in Jumia, Africa's leading online retailer.
The following are mergers under review by the European Commission and a brief guide to the EU merger process:
French club Girondins de Bordeaux have been sold by the media company M6 Metropole Television to Miami-based private equity firm General American Capital Partners (GACP), the French firm said on Tuesday.
Facebook Inc's Chief Operating Officer Sheryl Sandberg said on Tuesday the company needs to step up its efforts to curb misinformation after research revealed that Russia-backed organizations targeted African-Americans, who favored Hillary Clinton, to suppress voter turnout during the 2016 election.
Kenyan telecom operator Airtel, a unit of India's Bharti Airtel, slightly increased its mobile subscription market share in the third quarter, while rival Safaricom's fell, an official report showed on Tuesday.
Activist investment fund Amber Capital has raised its stake in Lagardere above 5 percent, France's stock and bond regulator said Tuesday.
Michael Flynn, President Donald Trump's former U.S. national security adviser, said on Tuesday he knew that lying to the FBI was a crime as he faced a judge during a sentencing hearing who said the retired lieutenant general had "arguably" sold out his country.