Dubai / Emirates Business A successful restructure of the Saudi Arabian Public Investment Fund (PIF) would represent a great opportunity for Saudi Arabia to have a positive impact not only the region, but also the world, says a London Business School strategy expert. The transformation of the PIF is a key aspect of Saudi Vision 2030. Ioannis Ioannou, Associate …

  Tokyo / Bloomberg Japan Prime Minister Shinzo Abe plans to propose a fiscal stimulus package of as much as 10 trillion yen ($90.7 billion) after warning Group of Seven leaders that the global economy faces significant risk of another crisis, according to the Nikkei newspaper. Abe will seek a second supplementary budget worth 5 trillion yen to 10 trillion …

  Mumbai / Bloomberg Reliance Industries Ltd. is preparing to restart work in four offshore oil and gas blocks, including one of India’s biggest natural gas discoveries, as it seeks to revive development activity stalled for seven years by disputes with the government, according to people with knowledge of the plan. Reliance has held meetings with oilfield-services companies to discuss …