The Latest Breaking News from Saudi Aramco

Rolling coverage of the latest economic and financial news, as Boeing shares fall after 171 of its 737 Max 9 aircraft are grounded by US regulators

While Apple is currently the biggest publicly traded company, with a market cap of $3 trillion, Microsoft is also in the race to become the first $5 trillion company.

Fifty oil companies representing nearly half of global production have pledged to reach near-zero methane emissions and end routine flaring in their operations by 2030, the president of this year’s U_N_ climate talks said Saturday, a move that environmental groups called a “smokescreen.”

Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but a less visible lineup of powerful state companies dominates the industry.