Bloomberg SoftBank Group Corp. shares tumbled in Tokyo after reports that the Japanese conglomerate made substantial bets on equity derivatives amid the surge in technology stocks. SoftBank shares dropped as much as 8%, the most on an intraday basis since March. The stock had gained 33% this year before Monday. The Financial Times, Wall Street Journal and Zero Hedge reported ...

Abu Dhabi / WAM The Emirates Red Crescent (ERC) sent a relief plane to Sudan to provide the necessary and urgent humanitarian needs to support those affected by floods in several Sudanese states. This came in line with the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the ...

Bloomberg Saudi Arabia cut pricing for oil sales in October, a sign the world’s biggest exporter sees fuel demand wavering amid more coronavirus flare-ups around the globe. The kingdom’s state producer, Saudi Aramco, reduced its key Arab Light grade of crude by a larger-than-expected amount for shipments to Asia, its main market. It also lowered pricing for US buyers. Aramco ...