Bloomberg Northern Drilling Ltd., a company set up by billionaire John Fredriksen to buy offshore drilling rigs on the cheap, raised 2.03 billion kroner ($250 million) in a private placement to expand its fleet. The company said it sold 31.8 million new shares at 64 kroner apiece, equal to the stock’s closing price on the Oslo Axess market a day …

Bloomberg South Korean President Moon Jae-in will visit China for a summit in December, his office said, with tensions over North Korea’s nuclear weapons programme high on the agenda. The agreement was disclosed as Moon and Chinese President Xi Jinping met on the sidelines of the Asia-Pacific Economic Cooperation summit in Danang, Vietnam. In a sign that tensions remain between …

Bloomberg United Airlines temporarily suspended Newark-New Delhi flights due to poor air quality in India’s capital, and said some extra charges will be waived for passengers forced to reschedule. “We are monitoring advisories as the region remains under a public health emergency, and are coordinating with respective government agencies,” a United Airlines spokesperson said in response to a Bloomberg query. …