Business

Torn U.S. tech investors debate buy or sell in wake of shakeout

NEW YORK (Reuters) – Investors are grappling with how to play heavyweight U.S. technology shares, which are trading well above long-term valuations despite a sell-off last month that took some air out of the stocks.FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan borough of New York City, New York, U.S., October […]

Business

Citi targets more growth in Saudi Arabia after adding over 20 bankers in two years

DUBAI (Reuters) – Citigroup (C.N) is planning to hire more bankers in Saudi Arabia for its direct custody business after adding more than 20 for onshore capital markets in the last two years, its Europe, Middle East and Africa head said. The bank, which following a 13-year hiatus returned to Saudi Arabia in 2018 after […]