Bloomberg Saudi Arabia wants to get oil prices near $80 a barrel to pay for the government’s policy agenda and support the valuation of state energy giant Aramco before an initial public offering. In conversations with OPEC delegates and oil market participants, Saudi officials had been careful to avoid pinpointing an exact price target. Yet people who have spoken to ...

Bloomberg China’s massive build programme to recreate trade routes stretching from Asia to Africa and Europe is gaining momentum. Since President Xi Jinping’s flagship Belt and Road project was announced about five years ago, it gave impetus to billions of dollars of Chinese investment — some of which were already in the pipeline for several years — to build railways, ...

Bloomberg Ant Financial is in talks to raise at least $10 billion in a funding round that could value the Chinese internet giant controlled by Alibaba-founder Jack Ma at $150 billion, according to people familiar with the matter. Singaporean state investment firm Temasek Holdings Pte wants to be the lead investor in the financing for China’s largest internet financial services ...