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Saudi shoots down Yemen rebel missile

Bloomberg Saudi Arabia said its air defenses intercepted a ballistic missile fired by Yemen rebels in the capital, Riyadh. Saudi Arabia is leading a military campaign against the Houthis in Yemen, and shortly after the missile launch, alliance aircraft struck Houthi positions south of the Yemeni capital, Sana’a. Saudi Arabia and Iran already support opposing sides in conflicts across the ...

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Barnier holds Brexit line as UK ministers ‘unite’

Bloomberg European Union Chief Negotiator Michel Barnier dug in and stressed a hardline trade position just as UK Prime Minister Theresa May’s key ministers were starting to unite behind a Brexit policy that may soothe rifts in her Cabinet. Barnier used an interview with the Guardian newspaper published to rule out a special carve-out for the UK financial services industry ...

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Australia PM names new cabinet team

Bloomberg Australia’s Prime Minister Malcolm Turnbull announced a new Cabinet team, seeking to rejuvenate his beleaguered government and capitalise on renewed momentum going into the new year. The revamp will see Attorney-General George Brandis be replaced by Christian Porter, Turnbull told reporters in Canberra on Tuesday. Michaelia Cash became minister for jobs and innovation, while Deputy Prime Minister Barnaby Joyce ...

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