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Monday, August 16, 2021

Saudi Aramco in advanced talks on up to $25bn RIL deal

Saudi Aramco is in advanced talks for an all-stock deal to acquire a stake in Reliance Industries Ltd’s oil refining and chemicals business, people with knowledge of the matter said.

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Investors to keep eye on US-China tariff war, Q4 earnings and inflation data in holiday-shortened week

Equity markets are bracing for a volatile, holiday-shortened week, influenced by US-China trade war developments and key Q4 earnings from In...