Here's why the PGA Tour just merged with LIV Golf

nbcnews.com The PGA Tour announced Tuesday it would merge with LIV Golf, a Saudi-backed men's golf organization that formed in 2022 aiming to compete with the PGA. News of the merger…

PGA Tour and Europe join forces with Saudi's LIV Golf. Here's what you need to know

apnews.com The announcement was so shocking that not even PGA Tour players knew what was coming. The tour was fighting the threat of Saudi-backed LIV Golf for more than a year. On…

Stock Market Today: What to Watch

wsj.com Stocks eked out gains Tuesday, with the S&P 500 and Nasdaq Composite both notching 2023 highs. Read today's full markets roundup here . The broad stock-market benchmark came…

'Talk of $100 oil is pie in the sky,' says strategist

finance.yahoo.com Oil prices fell on Tuesday, despite a recent Saudi production cut announcement. The downward pressure on crude signals demand outlook is still a center stage concern. "The…

9/11 Victims’ Group Blasts PGA-LIV Merger: Argues Saudi-Backed Deal Driven By ‘Greed’

forbes.com 9/11 Families United denounced the surprise merger of Saudi-backed LIV Golf and the PGA Tour on Tuesday, calling it hypocritical and greedy and accusing the PGA Tour of…

Dammam hosts important fish and algae conference and exhibition

arabnews.com DAMMAM: More than 100 companies from 35 countries descended on the Dhahran Expo for an under-the-sea experience during the International Conference and Exhibition of Algae…

NEOM secures $5.6bn to develop 1st phase of residential communities for workforce

arabnews.com RIYADH: Developmental work is fast gaining pace at Saudi Arabia’s futuristic city NEOM as the giga-project finalized contracts worth SR21 billion ($5.6 billion) to build the…

Saudi Soccer Bonanza: Public Investment Fund Backs Four Domestic Clubs To Grow Game And Influence

forbes.com Karim Benzema is the latest prominent soccer star to shift from Europe to Saudi Arabia. On Tuesday, his move to Al Ittihad was confirmed, but that was perhaps not the most…

US government ramps up its gas price forecast. Blame OPEC and Saudi Arabia

edition.cnn.com Forecasters at the US Energy Department on Tuesday ramped up their forecasts for American oil and gasoline prices next year, citing new steps by Saudi Arabia and OPEC+ to…

Chevron CEO: Energy industry needs more ‘supportive’ policies

foxbusiness.com With concerns growing that gas prices could surge following Saudi Arabia's decision to slash oil production, Chevron Chief Executive Mike Wirth says a friendlier policy…

PGA Tour agrees to merge with Saudi-backed rival LIV Golf

cnbc.com The PGA Tour has agreed to merge with Saudi-backed rival LIV Golf in a deal that would see the competitors squash pending litigation and move forward as a larger golf…

Donald Trump, 9/11 families, and others react to PGA-LIV merger

semafor.com The News The PGA on Tuesday announced it would merge with the controversial, Saudi-funded LIV Tour, quashing several antitrust litigations between the two. According to…

EIA predicts record-high 2023 and 2024 U.S. oil output

marketwatch.com The Energy Information Administration on Tuesday raised its oil-price forecasts for this year and next, and said it expects U.S. production to hit record highs as global…

Surprise merger announcement ends feud between PGA Tour and LIV Golf

pbs.org The PGA Tour ended its expensive fight with Saudi Arabia’s golf venture and now is joining forces with it, making a stunning announcement Tuesday of a merger that creates a…

Stephen A. Smith Calls LIV-PGA Partnership "Smart Business"

mediaite.com While many are calling out the PGA Tour for partnering with Saudi-backed LIV Golf, ESPN’s Stephen A. Smith has nothing but praise for the move. The rival golf organizations…

Oil Rally Fades After Production Cut. Chevron Stock Ticks Lower

barrons.com Oil prices slid on Tuesday, following news earlier this week that Saudi Arabia pledged to cut oil production by another one million barrels a day in July.

U.S crude oil production in 2023 to rise more than previously expected, EIA says

theglobeandmail.com U.S crude oil production this year will rise faster and demand increases will cool compared to prior expectations, the U.S. Energy Information Administration (EIA) said on…

PGA Tour and European tour agree to merge with Saudis and end LIV Golf feud

bostonherald.com The PGA Tour ended its expensive fight with Saudi Arabia’s golf venture and now is joining forces with it, making a stunning announcement Tuesday of a merger that creates a…

Barstool’s Dave Portnoy Destroys ‘Scumbag’ PGA Tour Commish Over Deal With Saudi-Backed LIV: ‘What a Piece of Sh*t!’

mediaite.com Barstool President Dave Portnoy lashed out against the PGA Tour’s decision to join forces with Saudi-backed LIV Golf. The PGA Tour announced the move on Tuesday — which…

The Best and Worst Countries for LGBTQ+ Travelers

statista.com In order to help LGBTQ+ tourists travel safely, the German portal Spartacus started publishing the Gay Travel Index in 2012. In the 2023 edition, the ranking compared 203…

JPMorgan flags some signs of emerging de-dollarisation

reuters.com Signs of de-dollarisation are unfolding in the global economy, strategists at the biggest U.S. bank JPMorgan said on Monday, although the currency should maintain its…

3 Energy Stocks to Add to Your Watchlist

entrepreneur.com The energy sector is expected to remain robust amid solid demand and the emergence of new oil and gas ventures. Hence, I think fundamentally strong Energy Transfer (ET),…

PGA Tour, Europe to merge with Saudis and end LIV Golf feud

bostonherald.com The PGA Tour ended its expensive fight with Saudi Arabia’s golf venture and now is joining forces with it, making a stunning announcement Tuesday of a merger that creates a…

In "Stunning Move", PGA Tour And Saudi-Backed LIV Golf Agree To Merge

zerohedge.com In "Stunning Move", PGA Tour And Saudi-Backed LIV Golf Agree To Merge In what the WSJ has dubbed a "stunning move", the PGA Tour and LIV Golf, the Saudi-backed upstart that…

Saudi Arabia’s Unsuccessful Attempt To Boost Oil Prices

oilprice.com Saudi Arabia's attempt to shock oil markets and push oil prices higher appears to have backfired, with prices falling and Saudi Arabia's market share in Asia now under…

PGA Tour, Europe announce merger with Saudis and rival LIV Golf

cbc.ca The most disruptive year in golf ended Tuesday when the PGA Tour and European tour agreed to a merger with Saudi Arabia's golf interests, creating a commercial operation…

Lionel Messi Receives Offers From Two Big European Clubs: Reports

forbes.com Lionel Messi has received offers from two big European clubs in the past few hours, according to AS. The Argentine is football's most desired future free agent with current…

Oil prices fall, erasing jump seen after Saudi production cut

marketwatch.com Oil futures fell Tuesday, more than erasing the climb that followed Saudi Arabia’s weekend announcement of a 1 million-barrel-a-day July output cut, as traders fretted over…

PGA Tour to merge with Saudi-backed LIV Golf, ending "disruption"

cbsnews.com The PGA Tour said it will merge with the Saudi Arabia-backed LIV Golf, a rival group that had joined an antitrust lawsuit against the PGA Tour last year. The deal will end…

Citi: Oil Prices Unlikely To Hit The High $80s After Saudi Output Cut

oilprice.com While many analysts see the latest Saudi oil cut surprise as bullish or at least moderately bullish for prices, Citigroup thinks that the 1 million bpd cut from the world’s…

Details Trickle In After PGA Tour, Liv Golf Announce Unexpected Merger

thestreet.com After two years of public and private battles, the PGA Tour has agreed to merge with its supposed rival: the LIV Golf Tour. CNBC reported that the agreement would be to…

BRICS Show Interest to Admit New Members Saudi Arabia & UAE

watcher.guru BRICS foreign ministers held a two-day conference in Cape Town, South Africa last week. The foreign ministers from Brazil, Russia, India, China, and South Africa expressed…

Stocks drift lower, oil loses more ground: Stock market news today

finance.yahoo.com US stocks opened lower on Tuesday, with the S&P 500 (^GSPC) slipping 0.18%, the Nasdaq Composite (^IXIC) dipping 0.35% and the Dow Jones Industrial Average (^DJI) falling…

Tuesday’s Top Analyst Upgrades and Downgrades: Aflac, Comerica, Costco, Dollar General, Dominion Energy, Ford, Meta, T-Mobile, Walmart and More

247wallst.com The futures were trading mixed, after a slow start to the trading week that saw the major indexes finish the day lower. With the debt ceiling issues out of the way, all eyes…

KAPSARC bags key UN Environment Program role

arabnews.com RIYADH: Saudi Arabia will soon become an active partner in global ecological governance after the UN granted the King Abdullah Petroleum Studies and Research Center a key…

Top Saudi banks maintain profitability in Q1 despite global headwinds: Alvarez & Marsal

arabnews.com RIYADH: Saudi Arabia’s top banks have continued to register steady earnings growth while maintaining profitability despite global headwinds amid rising interest rates,…

Mawani inks deal with Saudi Post in logistics development boost

arabnews.com RIYADH: In a bid to materialize the goals outlined in Saudi Arabia’s National Transport and Logistics Strategy, Saudi Ports Authority, also known as Mawani, has entered into…

Oil Updates

arabnews.com RIYADH: Oil prices edged lower early on Tuesday, coming off gains made the previous day as concerns about the global economic backdrop outweighed the supply worries raised…

Al-Hilal Increase Already Huge Lionel Messi Offer: Reports

forbes.com Al-Hilal have increased their already huge offer to Lionel Messi according to FC Barcelona transfer market expert Gerard Romero. A Saudi delegation traveled to meet Messi on…

Indexes Retreat, But Not Much; Two Big Movers Late

investors.com Dow Jones futures tilted lower early Tuesday, along with S&P 500 futures and Nasdaq futures after a modestly down session for the stock market rally. Two recent IPOs,…

Stock futures drift lower, oil loses more ground: Stock market news today

finance.yahoo.com US stock futures were trading slightly lower on Tuesday morning, with contracts on the S&P 500 (^GSPC) and on the Nasdaq Composite (^IXIC) down less than 0.1%, while those…

Blinken to Raise Human Rights on Saudi Visit

wsj.com Secretary of State Antony Blinken will visit Saudi Arabia this week. The Biden administration is pressing Saudi Arabia to lift travel bans on some U.S.-Saudi citizens as…

Oil Price Rally Fizzles After Saudi Production Cuts Fail to Impress

wsj.com Saudi Arabia's plan to boost oil prices isn't working. Oil prices slid Tuesday, erasing gains that followed a Saudi plan to slash output, as fears about weak global demand out

World stocks tread water as traders eye Fed pause prospects

reuters.com [1/2] The London Stock Exchange Group offices in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo LONDON, June 6 (Reuters) - European stocks…

Dow futures fall 30 pts; uncertainty ahead of Fed meeting

investing.com Investing.com -- U.S. stocks are seen opening marginally lower Tuesday, continuing to hand back some of last week’s chunky gains as investors fret about the uncertain…

Chevron, Exxon Stocks Slide. Lower Oil Prices Are Biting

barrons.com Oil prices slid on Tuesday, pressuring stocks, following news earlier this week that Saudi Arabia pledged to cut production by another one million barrels a day in July.

Chip giant Arm snubbed London for a NY listing. But the London Stock Exchange hasn't given up hope

cnbc.com British tech darling Arm may be ditching its home turf in favor of New York for its highly-anticipated initial public offering — but the CEO of the London Stock Exchange…

Oil falls as economic fears overshadow Saudi output cut

reuters.com Oil prices tumbled more than $1 a barrel on Tuesday, after a strong rally in the previous session as worries about global economic growth outweighed Saudi Arabia's pledge to…

Oil Prices Fall Back After A Short-Lived OPEC+ Rally

oilprice.com This Monday saw what was perhaps one of the shortest oil price rallies following an OPEC+ meeting. The announcement of an additional production cut of around 800,000 bpd by…

Saudi output cuts unlikely to lift oil prices to high $80s-low $90s, Citi says

theglobeandmail.com Top global crude exporter Saudi Arabia’s pledge to deepen output cuts is unlikely to underpin a sustainable price increase into the high $80s-low $90s, Citi said in a note…

Oil Retreat drags stocks lower

financialjuice.com US futures were in flux, with Apple likely to deepen losses and energy companies being negatively impacted by the decline in oil prices.- The Nasdaq 100 contracts moved…

Investors race to withdraw deposits from Binance amid 'web of deception' claims

finance.yahoo.com Investors have pulled around $780m (£628.4m) from crypto exchange Binance in the last 24 hours, data company Nansen has said, as US regulators accused the trading platform…

Oil prices fall as economic fears overshadow Saudi output cut

theglobeandmail.com Oil prices tumbled more than $1 a barrel on Tuesday, after a strong rally in the previous session as worries about the global economic growth outweighed Saudi Arabia’s…

Countries With the Largest Paramilitary Forces

247wallst.com Government paramilitary forces are semi-military entities that can be used for a nation’s internal security or as an auxiliary force to a country’s military. Though not part…