Bloomberg Escalating friction between the US and Iran will likely have limited impact on Asian stock markets, according to UBS Global Wealth Management and JPMorgan Asset Management. Following the US airstrike that killed Iran’s top military commander Qassem Soleimani last week, Iran said it will no longer abide by any limits on its enrichment of uranium and Iraq’s parliament voted ...

Bloomberg The two bronze lion statues standing guard over HSBC Holdings Plc’s main offices in Hong Kong still bear the marks of an attack by protesters, who last week daubed them with red and black paint, setting at least one ablaze. Graffiti declared that HSBC had been dyed the red of China. HSBC has vowed to restore the iconic lions ...

Bloomberg Indian companies have started the year with more debt offerings overseas, after record issuance in 2019 driven by stronger borrowers turning abroad as local credit markets struggled. The firms sold a record $22 billion of notes overseas in 2019. Yield-hungry global investors have been betting that the kind of higher-rated Indian issuers that have been big sellers could continue ...

Bloomberg Takeaway.com NV is set to declare final victory in the five-month takeover battle for UK food-delivery company Just Eat Plc, people with knowledge of the matter said. Investors holding more than half of Just Eat stock have indicated they’ll agree to Takeaway’s all-stock bid, which values the company at about 6 billion pounds ($7.8 billion), according to the people. ...

Bloomberg Amazon.com Inc signed pacts with the Future Group to sell products from India’s second largest brick-and-mortar retailer on its online marketplace, as they fend off rivals in the world’s last big untapped retail market. Amazon will become the authorised online sales channel for Future Retail Ltd’s stores, which sell everything from groceries to cosmetics and apparel, according to an ...

Bloomberg Little Caesars Enterprises Inc has teamed up with DoorDash Inc to offer nationwide delivery, as it seeks to navigate the expanding world of mobile and online ordering that’s threatening to sap business from laggards. Starting from Monday, delivery will be available at about 90% of Little Caesars’ US locations. The prices are the same as carryout, plus a $2.99 ...

Bloomberg Federal aviation regulators are considering requiring pilots to complete simulator training before they can operate Boeing Co’s 737 MAX jets again, the Wall Street Journal reported, citing government and industry officials familiar with the matter. The Federal Aviation Administration (FAA) originally rejected the idea, causing extra costs and delays for airlines, the Journal said. But in recent weeks officials ...

Bloomberg Boeing Co is looking at raising additional debt to help bolster its resources following the grounding of its 737 Max jetliner, Dow Jones reported. While Boeing had about $20 billion in available funds at the end of the third quarter, costs stemming from the Max crisis are increasing, the news agency said, citing people familiar with the matter it ...

Bloomberg The milk float, a home-delivery service that evolved from horse-drawn carriages to early electric vehicles, belongs firmly in the past. Or does it? A little known Amsterdam-based online grocery company had revived the concept, but with a modern flourish. Picnic BV has a concept dubbed “Milkman 2.0” to deliver groceries using electric vehicles, focussing on less food waste and ...

DUBAI / WAM In a press conference, national and international celebrities converged to announce the launch of the UAE’s first-of-its-kind initiative, “Boxing with Determination”, which will see children of determination receive training in boxing, a sport that will help build their motor skills and confidence. The initiative is a collaboration between Warehouse Gym the pioneers of boxing in the UAE, ...