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Saudi Aramco raises IPO to record $29.4 billion by over-allotment

State-owned oil company Saudi Aramco said on Sunday it had exercised its "greenshoe option" to sell an additional 450 million shares, raising the size of its initial public offering (IPO) to a rec

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U.S. jobless claims edge lower but trend points to uptick in filings

The number of Americans filing claims for jobless benefits edged lower last week, a positive signal for the U.S. labor market amid recent signs that new claims may be trending slightly higher.Init