Matthew Martin Journalist Profile

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Clariant Explores Ways to Boost Valuation After Slump, Sources Say

1 week ago | financialpost.com | Eyk Henning |Allegra Catelli |Matthew Martin

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Oil crash could push Saudi Arabia's budget deficit to $67 bn: Goldman Sachs

2 weeks ago | business-standard.com | Christine Burke |Mirette Magdy |Matthew Martin

The oil-price crash is set to have far-reaching consequences for Saudi Arabia's finances and vast economic ambitions. The kingdom's budget deficit will probably soar to $67 billion this year, Goldman Sachs Group Inc. calculated in projections provided exclusively to Bloomberg News.
Ukraine, US Hold Talks in Riyadh in Bid for Broad Ceasefire

1 month ago | ca.finance.yahoo.com | Matthew Martin |Daryna Krasnolutska

(Bloomberg) -- Ukrainian and US officials held talks in Riyadh, resuming efforts to end Russia’s full-scale invasion as President Donald Trump pushes for a ceasefire. • They Built a Secret Apartment in a Mall. Now the Mall Is Dying.
Elon Musk Has Been Buying Up X Shares Near His Initial Purchase Price

1 month ago | ca.finance.yahoo.com | Matthew Martin |Kurt Wagner |Devon Pendleton

(Bloomberg) -- Elon Musk invested $150 million to acquire more shares in X last year at a valuation approaching the price he paid for the company’s equity in 2022.
Saudi Fund Broadens Quest for Cash to Meet MBS’ Spending Goals

1 month ago | ca.finance.yahoo.com | Matthew Martin |Laura Cuesta |Dinesh Nair

(Bloomberg) -- Saudi Arabia’s wealth fund is set to tap a broader array of investors and pursue debt sales through its subsidiaries, as it grapples with the scale of the kingdom’s spending ambitions. • None How Britain’s Most Bike-Friendly New Town Got BuiltThe Public Investment Fund is weighing a debut euro-denominated bond this year and plans to tap onshore US investors for the first time, according to people familiar with the matter.
‘Pokémon Go’ Games Unit Sold to Saudi Group for $3.5 Billion

1 month ago | msn.com | Matthew Martin |Cecilia D'Anastasio

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‘Pokémon Go’ Games Unit Sold to Saudi Group for $3.5 Billion

1 month ago | ca.finance.yahoo.com | Matthew Martin |Cecilia D'Anastasio

(Bloomberg) -- Saudi sovereign wealth fund-backed Scopely Inc. has agreed to buy Niantic Inc.’s gaming business, including the mobile hit Pokémon Go, for $3.5 billion.
Saudi Aramco Weighs Bid for BP’s Castrol Lubricant Assets

1 month ago | ca.finance.yahoo.com | Dinesh Nair |Anthony Di Paola |Matthew Martin

(Bloomberg) -- Saudi Aramco is considering a potential offer for lubricant assets being sold by BP Plc, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries, according to people with knowledge of the matter.
Saudi Aramco Weighs Bid for BP's Castrol Lubricant Assets

1 month ago | financialpost.com | Anthony Di Paola |Dinesh Nair |Matthew Martin

Saudi Aramco is considering a potential offer for lubricant assets being sold by BP Plc, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries, according to people with knowledge of the matter. (Bloomberg) — Saudi Aramco is considering a potential offer for lubricant assets being sold by BP Plc, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries, according to people with knowledge of the matter.
PwC banned from advisory work for one year by Saudi wealth fund

1 month ago | afr.com | Matthew Martin |Alex Dooler |Christine Burke

Matthew Martin, Alex Dooler and Christine BurkeMar 3, 2025 – 3.55pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Saudi Arabia’s wealth fund has temporarily banned PwC from advisory and consulting services contracts, people familiar with the matter said, halting the firm’s progress in one of the world’s most lucrative markets.