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Oil giant Aramco sticks with dividend even as profit crashes (Bloomberg) -- Saudi Arabia's state-controlled oil giant pressed ahead with a plan to pay $75 billion in dividends this year despite crashing profit and a surge in debt, as the kingdom battles a
(Bloomberg) -- Saudi Arabia’s state-controlled oil giant pressed ahead with a plan to pay $75 billion in dividends this year despite crashing profit and a surge in debt, as the kingdom battles a widening budget deficit. Saudi Aramco said net income for the three months ending in June fell to 24.6 billion riyals ($6.


Posted: 2020-08-09 15:08:00

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Verse of the day

No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and Mammon. Matthew, 6. 24

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