Trump signs $400 weekly relief for jobless Americans after talks with Congress break down

BEDMINSTER, New Jersy: US President Donald Trump signed executive orders on Saturday partly restoring enhanced unemployment payments to the tens of millions of Americans who lost jobs in the coronavirus pandemic, as the United States marked a grim milestone of 5 million cases. Negotiations broke down this week between the White House and top Democrats […]

Aramco sticks with $75 billion dividend even as profit crashes

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 ($6.6 billion), down 73% […]