Bloomberg SoftBank Group is considering revamping a controversial strategy of using derivatives to invest in tech companies, and its executives have met with investors in recent days to assure them that the bets are relatively conservative. The Japanese conglomerate has stressed to investors that its billion-dollar positions have been concentrated in a handful of blue-chip tech companies, including Microsoft Corp. ...

Abu Dhabi / WAM Saqr Ghobash, Speaker of Federal National Council (FNC) has welcomed the decision taken by the Kingdom of Bahrain to establish diplomatic relations with the State of Israel as an “important step” in supporting stability in the Middle East. “The move will herald a new era where values of joint action would prevail, open up new horizons ...

Bloomberg Some of the world’s biggest oil traders are gearing up for a possible resurgence of a coronavirus-induced glut of crude and fuels, snapping up giant tankers for months-long charters so that they can be ready to store excess barrels if necessary. The chartering spree is likely to alarm producers and their allies as it indicates that the oil traders ...