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PR firm seeks insolvency proceedings for RCom

Bloomberg A public-relations firm became the latest company to ask an Indian tribunal to place billionaire Anil Ambani-run Reliance Communications Ltd. under insolvency proceedings after the unprofitable mobile-phone operator failed to pay its dues. Fortuna Public Relations Pvt. placed its request with the Mumbai bench of National Company Law Tribunal on Monday, saying Reliance Communications owes it $67,000. The NCLT ...

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Former Yemeni strongman Saleh killed in Sanaa attack

Reuters Yemen’s steely former president of 33 years, Ali Abdullah Saleh, made his last political gamble and lost on Monday, meeting his death at the hands of the Houthi movement, his erstwhile allies in the country’s multi-sided civil war. Officials in his General People’s Congress party (GPC) confirmed to Reuters that the 75-year-old Saleh had been killed outside the capital ...

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US defies North Korea with drills with 230 aircraft

Bloomberg The US and South Korea on Monday began a five-day joint air exercise on the Korean peninsula involving 230 aircraft and 12,000 American troops, in what North Korea has dubbed the largest-ever joint aerial drill. North Korea, which last week launched a new type of intercontinental ballistic missile, said ahead of the Vigilant Ace 18 drills that it would ...

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