Browsing: Economy

The Saudi Arabian state-run oil company is expected to go listed in the second half of next year, one of its executives said. Its shares will be offered in domestic and international stock exchanges.

Brazilian production ended August with a decline of 0.8% over July, but increased in the first eight months of the year, according to a survey by the Brazilian Institute of Geography and Statistics (IBGE).

The Brazilian Ministry of Industry, Foreign Trade and Services reported that the country saw a USD 5.178 billion surplus last month, the result of USD 18.666 billion in exports and USD 13.488 billion in imports.

Economy declined 2.3% from April to June over the year’s first three months, impacted by the budget cuts done due to oil’s lower prices.