Bloomberg Saudi Arabian Oil Co., gearing up for what may be the world’s biggest initial public offering, is considering discounted shares for local investors, according to people with knowledge of the matter. The oil company has discussed ways to structure the offering in different tiers, allowing Saudi buyers to receive the stock at a lower price than international investors, ...

  Bloomberg First Solar Inc. reported its biggest-ever loss after overhauling its manufacturing strategy and firing more than a quarter of its workforce. The bulk of its pain may be in the past. The largest US solar manufacturer posted a fourth-quarter net loss of $719.9 million, largely due to a $729 million restructuring charge, Tempe, Arizona-based First Solar said in ...

  Bloomberg Oil fell from the highest price in more than a week amid specul- ation about the effectiveness of OPEC’s supply curbs and forecasts for another expansion in US crude stockpiles. Futures dropped 0.6 percent in London, ending three days of gains. The Organization of Petroleum Exporting Countries is confident members will continue to cut production and reduce global ...