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Investors search for safe havens in Asia as Omicron takes hold

  Bloomberg The threat of the Omicron variant is becoming real for many of Asia’s biggest countries just as it looks set to subside in some Western nations, and that’s complicating investors’ search for winning share bets in the region. The problem is that Asian governments are carrying out widely diverging coronavirus policies, with strategies ranging from China’s pursuit of ...

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UAE joins GCC countries at ‘Arab Gulf Security 3’ exercise

  RIYADH / WAM Security and police forces from the UAE are participating in the joint tactical exercise, “Arab Gulf Security 3”, which is taking place in the Eastern Region of Saudi Arabia, with the participation of security forces from all member states of the Gulf Cooperation Council (GCC) for Arab States. The exercise a concerted effort to help boost ...

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Glaxo rejects $68b Unilever bid for consumer business

  Bloomberg GlaxoSmithKline Plc said it rejected an offer from Unilever Plc for the drugmaker’s consumer healthcare unit last year that valued the business at about 50 billion pounds ($68 billion). Glaxo in a statement said that it had received three unsolicited offers from Unilever for its consumer healthcare business, the final one on Dec. 20 for 41.7 billion pounds ...

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