From Breakingviews - Saudi’s swelling fund has scope for foreign binge
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Saudi public investment fund managed assets surpasses 2.23 trillion Saudi riyals in 2022 - state mediaSaudi Arabia's Public Investment Fund on Sunday released its annual report for 2022, which said its assets under management (AUM) surpassed 2.23 trillion riyals ($594.43 billion).
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Breakingviews - Indian lenders’ earnings get credit reality checkA near three-fold jump in net profit did little to cheer State Bank of India investors. Shares in the country’s largest lender fell 3% on Friday after it reported new bad loans doubled to $926 million during the three months to June from the previous quarter.
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Breakingviews - Byju’s blowup makes its investors look badByju’s says it provides learning programs to over 150 million students. The biggest lesson may be for the Indian education giant’s global investors including Prosus and Peak XV, formerly part of Sequoia, who watched founder power run amok in a country they have pinned high hopes on.
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Hobbs: Hot-button use of Arizona groundwater for Saudi alfalfa is complexGov. Katie Hobbs says she's reviewing whether changes in Arizona law could give her the authority to decide who can lease state lands and for what activities.
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Saudi Arabia hikes most September oil prices to AsiaTop oil exporter Saudi Arabia has raised the prices for most of its crude to Asia in September after announcing an extension of its voluntary production cut for another month.
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