REPORT: Saudi Aramco is 'considering shelving plans for an IPO'

Saudi Aramco might be delaying its initial public offering. The Financial Times' Anjli Raval, James Fontanella-Khan, Arash Massoudi, and Simeon Kerr report that the state-oil behemoth "is considering shelving plans for an international public offering in favour of a private share sale to the world's biggest sovereign wealth funds and institutional investors." Five people familiar with the situation said that talks with foreign governments — including China — and other investors about...