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Li Yunze meets with Saudi Investment Minister Khalid Al-Falih.

26/08/2025

On August 26, Li Yunze, Secretary of the Party Committee and Director of the China Banking and Insurance Regulatory Commission, met with a delegation led by Saudi Investment Minister Khalid Al-Falih. The two sides had a friendly exchange on topics such as bilateral economic and trade cooperation and financial cooperation between China and Saudi Arabia.

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ExxonMobil: ExxonMobil's integrated facility in Beaumont, Texas is about to undergo a major restructuring project.

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ExxonMobil: ExxonMobil's integrated facility in Beaumont, Texas is about to undergo a major restructuring project.

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Lockheed Martin rose more than 1.5% to $454.61. On the news front, Commerce Secretary Lutnick said the government is exploring the potential for holding stakes in relevant companies in the defense sector and other industries. Lutnick specifically mentioned Lockheed Martin, stating that the company generates most of its revenue from the US government.

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Lockheed Martin rose more than 1.5% as the U.S. government considers the possibility of holding shares in defense companies.

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Mann, member of the Bank of England's Monetary Policy Committee, said the rate path of the Bank of England shows that the monetary policy is "not strong enough".

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