• US now pumping more oil than Russia and Saudi Arabia; OPEC could strike back

    6 days ago - By CNBC

    U.S. oil production jumped to a record 11.6 million barrels a day last week, a factor that could prompt OPEC members and allies to react when they meet over the weekend.
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  • Uber's board reportedly held a 'marathon meeting' as it grapples with its ties to Saudi Arabia

    Uber's board reportedly held a 'marathon meeting' as it grapples with its ties to Saudi Arabia

    6 days ago - By Business Insider

    Uber's board held a "marathon meeting" last week, Bloomberg reported , as the company grapples with its ties to Saudi Arabia in the wake of Washington Post journalist Jamal Khashoggi's murder.
    The Kingdom now reportedly owns more than 10% of the ride-hailing firm, which is eyeing an IPO as valuable as $120 billion next year.
    Uber CEO Dara Khosrowshahi was one of the first to pull out of Saudi Arabia's Future Investment conference in October after the murder of Washington Post journalist Jamal Khashoggi , but behind the scenes, his board has been working in overdrive to ensure the...
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