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Saudi Aramco profits slump 73% on low oil price

Energy giant Saudi Aramco said Sunday its net profit for the second quarter plunged a massive 73 percent due to sharply lower oil prices as the coronavirus crisis undercuts global demand. The company posted a net profit of $6.6 billion for the three months to June 30, compared to $24.7...

Twitter, TikTok discuss potential combination

Twitter is in preliminary discussions for a possible combination with TikTok, the Wall Street Journal reported Saturday, after US President Donald Trump said he would ban the app, calling it a threat to national security. Trump declared Thursday that the popular Chinese video app TikTok and...