World's most profitable company is going public.

Saudi Arabia's Capital Market Authority has approved a public offering of the country's state-owned petroleum company after three years of vacillation. " Saudi Aramco pumps more than 10 million barrels of crude oil a day – some 10 percent of global demand. In a plus for investors, the starting share price will be based on a valuation of the company that is less than the $2 trillion Saudi leaders wanted.