HNA set to drop acquisition of SkyBridge Capital: WSJ

(Reuters) – Chinese conglomerate HNA Group Co is set to drop its pursuit of hedge-fund investment firm SkyBridge Capital, after facing resistance from Committee on Foreign Investment in the United States (CFIUS), the Wall Street Journal reported on Monday. FILE PHOTO: A HNA Group logo is seen on the building of HNA…

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Saudi Aramco appoints first woman to the board

DUBAI (Reuters) – Saudi Aramco, the world’s top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive, a milestone for Saudi Arabia and the oil industry where there are few women executives. FILE PHOTO: A Saudi Aramco employee…

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