Bloomberg Saudi Aramco plans to buy a stake in the refining and chemicals business of India’s Reliance Industries Ltd., moving to diversify from Saudi Arabia. The purchase by Aramco, the largest oil exporter and the most profitable company in the world, precedes a planned public offering that could be held as early as next year. Aramco will buy a 20% ...

Bloomberg Russia said it’s far ahead of the US in developing new nuclear-powered missiles despite a failed test that prompted President Donald Trump to boast of American superiority in the field. President Vladimir Putin “has repeatedly said that Russian developments in this area surpass the level achieved by other countries, and are quite unique,” Kremlin spokesman Dmitry Peskov told reporters ...

Bloomberg China’s signalling it’s prepared to send in security forces to suppress the uprising in Hong Kong. The question now is what President Xi Jinping will do. State-run media have posted videos of the People’s Armed Police assembling across the border in Shenzhen, while Chinese officials describe the protests as a “color revolution” and “terrorism” — a term used to ...