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Reuters first with Saudi Arabia’s SABIC news, shares jump 9 pct 05.09.2009 Reuters beat Bloomberg by 14 minutes on May 9 with news Saudi chemical giants SABIC and SIPCHEM had agreed to cooperate on new projects, news that helped drive up their stocks 9 percent. Reuters got a joint statement by both firms aimed at tapping synergies amid a global turmoil, beating also Dow Jones. The Reuters alerts were read out by Arab television channel Al-Arabiya, while many newspapers in the region carried the final Reuters data which contained far more details than rivals` copy. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

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Companies, sectors, M&A and the financial industry

Reuters first with Saudi Arabia’s SABIC news, shares jump 9 pct

05.09.2009

Reuters beat Bloomberg by 14 minutes on May 9 with news Saudi chemical giants SABIC and SIPCHEM had agreed to cooperate on new projects, news that helped drive up their stocks 9 percent. Reuters got a joint statement by both firms aimed at tapping synergies amid a global turmoil, beating also Dow Jones. The Reuters alerts were read out by Arab television channel Al-Arabiya, while many newspapers in the region carried the final Reuters data which contained far more details than rivals` copy.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here