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China delays credentials for journalists with US media

Bloomberg Chinese authorities delayed renewing the press credentials of some journalists working for American media outlets, including Bloomberg News, CNN and the Wall Street Journal, in response to the Trump administration limiting visa terms for Chinese reporters in the US. The journalists in Beijing were told their residence permits will at this stage be extended until November 6, which appears ...

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Belarus opposition says leaders missing after new protests

Bloomberg Three of the Belarusian opposition’s top organisers were reported missing on Monday, the day after tens of thousands joined protests in the country’s capital that kept up pressure on President Alexander Lukashenko to hold new elections. Contact with Maria Kalesnikava, one of the few leading opposition figures still in Belarus, has been lost, as well as with two other ...

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Pressure builds on UK’s Johnson as Covid cases surge

Bloomberg Two of Boris Johnson’s senior ministers laid bare the competing pressures facing the UK government as it attempts to drag the economy out of its worst recession in at least a century without triggering a new wave of coronavirus infections. Hours after Foreign Secretary Dominic Raab reiterated the government’s push to “get people back to work” and lamented the ...

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Biden holds lead over Trump

Bloomberg Democrat Joe Biden holds a 10-point lead over President Donald Trump two months before the November 3 election, with support for each candidate getting more solid as voting day approaches, a new CBS News poll shows. Among the survey’s findings were that four in 10 Democrats say Biden isn’t campaigning enough; half of independents agree. The top issue for ...

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Russia’s Zakharova apologises over ‘jibe’

Bloomberg Russia’s outspoken Foreign Ministry spokeswoman apologised after she drew a rare public rebuke from Serbian President Aleksandar Vucic for mocking him in a social media post when he signed a US-brokered deal with Kosovo. “I apologise but my post was misinterpreted,” Maria Zakharova wrote on her Facebook page. She had intended to attack US claims of “exceptionalism” and not ...

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European stocks advance while Nasdaq futures slide

Bloomberg European stocks climbed as analysts speculated the market could be relatively resilient as Asian and US markets start pulling back. The pound weakened on concern the UK is inching closer to a no-deal Brexit. The Europe Stoxx 600 opened higher on Monday with broad gains across industry groups. The dollar index strengthened, while oil extended a retreat below $40 ...

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SoftBank shares fall 8% with Son’s foray into options trading

Bloomberg SoftBank Group Corp. shares tumbled in Tokyo after reports that the Japanese conglomerate made substantial bets on equity derivatives amid the surge in technology stocks. SoftBank shares dropped as much as 8%, the most on an intraday basis since March. The stock had gained 33% this year before Monday. The Financial Times, Wall Street Journal and Zero Hedge reported ...

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ERC sends relief plane to provide humanitarian needs to Sudanese

Abu Dhabi / WAM The Emirates Red Crescent (ERC) sent a relief plane to Sudan to provide the necessary and urgent humanitarian needs to support those affected by floods in several Sudanese states. This came in line with the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the ...

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Saudis slash oil pricing in sign demand recovery struggling

Bloomberg Saudi Arabia cut pricing for oil sales in October, a sign the world’s biggest exporter sees fuel demand wavering amid more coronavirus flare-ups around the globe. The kingdom’s state producer, Saudi Aramco, reduced its key Arab Light grade of crude by a larger-than-expected amount for shipments to Asia, its main market. It also lowered pricing for US buyers. Aramco ...

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G20 ministers say education must continue amid Covid-19

RIYADH / WAM The G20 education ministers held a virtual extraordinary meeting to emphasise the central role of education in enabling people to seize the opportunities of the twenty-first century especially during the coronavirus pandemic, reported the Saudi Press Agency (SPA). The ministers expressed their support for individual and collective efforts to mitigate the unprecedented consequences of the novel coronavirus ...

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