“Crown Prince Mohammad bin Salman will push the company to demonstrate that it can effectively tackle terrorism or war challenges,” analysts led by Ayham Kamel, head of Middle East and North Africa research at the Eurasia Group, said in a research report. “The attacks could complicate Aramco’s IPO plans given rising security risks and potential impact on its valuation.”
DETROIT (Reuters) – The United Auto Workers (UAW) said late on Saturday it would not extend its contract with General Motors Co (N:GM) and would decide on a course of action at a meeting of union leaders in Detroit Sunday morning that could result in talks resuming or possibly workers going out on strike.
The union will continue to work “until a course of action is decided by the UAW International Executive Board and the UAW-GM National Council,” UAW Vice President Terry Dittes said in a statement.
The Frankfurter Allgemeine Zeitung cited a person with knowledge of the appointment as saying Duesmann will start as Audi chief on April 1.