| | | Saudi Aramco aims to buy Reliance stake, reports 12% earnings slide | | | Saudi Aramco is planning a blockbuster investment in Reliance Industries , the Indian firm announced on Monday, as the energy giant diversifies its business, where weaker oil prices pared its first-half profit by 12%. State-run Aramco disclosed its closely guarded financials for the first time earlier this year, revealing its 2018 earnings in order to obtain a public rating and start issuing international bonds. The world's top oil producer plans to launch an |
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| | | Sensor specialist AMS triggers bidding war for Osram | | | Shares in Osram soared after Austrian sensor maker AMS triggered a bidding war for the German lighting group, saying it was ready to trump Bain and Carlyle with a cash offer valuing the company at 4.3 billion euros ($4.8 billion). |
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| | | Take Five: The devil's in the data | | | Fears of a major downturn in euro zone powerhouse Germany have grown following "scary" industrial output figures for June and reports due this week that will hold those concerns up to the light. |
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