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Saudi Aramco aims to buy Reliance stake, reports 12% earnings slide

Saudi Aramco is planning a blockbuster investment in Reliance Industries , the Indian firm announced on Monday, as the energy giant diversifies its business, where weaker oil prices pared its first-half profit by 12%. State-run Aramco disclosed its closely guarded financials for the first time earlier this year, revealing its 2018 earnings in order to obtain a public rating and start issuing international bonds. The world’s top oil producer plans to launch an

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