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AI Could Replace 300 Million Jobs: Goldman Sachs

A recently released Goldman Sachs report fears that 300 million jobs could be affected globally by artificial intelligence platforms like ChatGPT. Analysts at the...
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Saudi Arabia Releases Triple-Tranche Bonds In A Bid To Replenish Coffers

The Kingdom of Saudi Arabia is said to have already received more than US$35 billion in combined orders for a planned triple-tranche bond sale...
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Morgan Stanley, Goldman See Virus Causing Greater Economic Pain

Morgan Stanley, Goldman See Virus Causing Greater Economic Pain

(Bloomberg) -- Morgan Stanley and Goldman Sachs Group Inc. economists said the coronavirus will inflict greater economic pain than they previously expected as they...
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Morgan Stanley Is Biggest Aramco Bear as Banks Begin Ratings

(Bloomberg) --A month after the world’s largest initial public offering, Saudi Aramco’s investment banks aren’t exactly bullish, with most recommending investors avoid the stock...
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Middle East risks

Aramco, Lebanon, Gulf Oil: A Guide to Middle East Risks in 2020

(Bloomberg) --If 2019 was the year when a clutch of Middle East markets burst into the mainstream, then 2020 will test whether the foreign...
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goldman

Goldman Sachs Strengthens Environment Policy as Global Talks Falter

(Bloomberg) --Goldman Sachs Group Inc. has tightened its policy on fossil fuel financing in a move welcomed by environmental groups, just as global talks...
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iraq oil

Goldman Lifts 2020 Oil Forecasts as OPEC Cuts Tighten Market

(Bloomberg) --Goldman Sachs raises 2020 Brent spot price to $63/bbl from $60 previously, according to emailed report. Long-term anchor price still seen at $55/bbl. ...
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Saudi Arabia’s BinDawood Picks JPMorgan, Goldman for IPO

(Bloomberg) --Saudi Arabia’s BinDawood Group is working with Goldman Sachs Group Inc. and JPMorgan Chase & Co. to sell shares of its supermarket business...
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