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UK’s Sunak survives day of drama as Johnson grilled by MPs

BLOOMBERG UK Prime Minister Rishi Sunak emerged unscathed from a day of Parliamentary drama after convincingly winning a key Brexit vote, while former Premier Boris Johnson cut a defensive figure as he denied lying to lawmakers during the so-called Partygate scandal. Sunak won the vote on a crucial element of the new deal he struck last month with the European ...

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China’s envoy says threat of war not ‘realistic’

BLOOMBERG China’s ambassador to Australia has dismissed concerns over a war between the two countries as unrealistic, as defense officials from both governments met for talks in Canberra in the latest sign of a diplomatic thaw. Ambassador Xiao Qian wrote an opinion piece published in the Sydney Morning Herald and the Age newspapers on Thursday, in which he criticised the ...

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Saudi Arabia, India to set up investment bridge jointly

NEW DELHI/ WAM India and Saudi Arabia are jointly working to create an “investment bridge” for accelerating pending bilateral investment projects and facilitating investors. Deliberations towards this objective took place at a meeting in Riyadh between Dr Ausaf Sayeed, Secretary in charge of the Gulf in the Indian Ministry of External Affairs and Saudi Arabia’s Deputy Minister for International Partnerships, ...

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