November 12, 2018 / 6:37 AM / in 6 months

PRESS DIGEST -Wall Street Journal - Nov 12

Nov 12 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Saudi representatives said Sunday that the kingdom would slash its exports unilaterally next month, as a broader OPEC alliance debated - but didn't agree to - a collective production cut.

- Alibaba Group Holding Ltd turned in another record-setting Singles Day on Sunday, with consumers snapping up bargains despite China's slowing economic growth, the trade fight with the U.S. and the diminished presence of Alibaba founder Jack Ma.

- SAP SE, the German business-software vendor, agreed Sunday to buy Qualtrics International Inc for $8 billion, taking the market-analytics startup off the market just days before it planned to sell shares to the public.

- Rocket Lab, a U.S.-New Zealand startup that seeks to set the pace for frequent, inexpensive launches of small satellites, successfully blasted its first commercial payload into space on Sunday.

- Tech-focused private-equity firm Vista Equity Partners struck a deal to take software company Apptio Inc private for $1.94 billion.

- United Parcel Service Inc's freight workers ratified a final contract offer, averting a work stoppage that prompted the carrier to clear its network ahead of the vote. (Compiled by Bengaluru newsroom)

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