Saudi Arabia is poised to raise more than $11.2 billion selling shares in oil giant Aramco (TADAWUL:2222) to help fund its spending plans, after pricing the stock at the lower end of expectations, the company said on Friday.
The U.S. dollar traded largely unchanged in early European trade Friday as traders awaited the release of key U.S. employment data, while the euro steadied after the European Central Bank’s historic rate cut.
Oil prices stabilized Friday after strong U.S. jobs data, with traders weighing up the potential for interest rates to remain elevated for longer with healthy economic activity in the world’s biggest consumer.
Bitcoin price edged higher on Friday, steadying close to record highs amid support from a weaker dollar and growing bets on U.S. interest rate cuts ahead of key nonfarm payrolls data.
Yext, which specializes in software that enhances the visibility of businesses in online search directories and websites, focuses on improving its clients’ presence on platforms and apps like Amazon Alexa, Google Maps, and Apple’s Siri.
