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Etihad Airways, Adnoc celebrating Saudi National Day

Abu Dhabi / Emirates Business Etihad Airways, the national airline of the United Arab Emirates – in partnership with the Abu Dhabi National Oil Company (Adnoc) – is honoured to celebrate the leadership and people of the Kingdom of Saudi Arabia on the 89th National Day of the Kingdom. To mark the occasion, the airline will launch a series of ...

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US orders defensive boost to Mideast after Saudi attacks

Bloomberg The US will send a “moderate” number of American troops to the Middle East and additional missile defense capabilities to Saudi Arabia in response to last weekend’s attack on oil facilities, top Pentagon officials said. Secretary of Defense Mark Esper said that the decision represented a “first step” in the US response. He reiterated US statements that evidence collected ...

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Trump and Zelenski to meet at UN amid probe

Bloomberg President Donald Trump is planning about a dozen one-on-one meetings with foreign leaders next week at the United Nations General Assembly, but none may be more anticipated than his Wednesday session with Ukrainian President Volodymyr Zelensky. Interest in those talks stems from a whistleblower complaint filed by a US intelligence official after Trump and Zelensky spoke by phone earlier ...

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Bolsonaro to defuse Amazon fire dispute with UN speech

Bloomberg Brazil’s President Jair Bolsonaro heads to New York on Monday in an attempt to defuse the international outcry over the fires raging through the Amazon, while simultaneously asserting the country’s right to develop the rainforest as it sees fit. Until recently, few countries enjoyed such widespread affection as Brazil did, with its tradition of multilateral and “soft power” diplomacy, ...

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Indian state polls to test Modi’s popularity

Bloomberg The first assembly polls after Prime Minister Narendra Modi won a landslide victory in national elections in May will take place in the states of Maharashtra, the country’s richest, and Haryana next month. Voting will be held on October 21, while counting will take place on October 24, Sunil Arora, chief election commissioner, said at a press conference on ...

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HK chief’s adviser sees talks key to easing row

Bloomberg The unrest in Hong Kong should start letting up after three months of protests as Chief Executive Carrie Lam makes a concerted effort to address the concerns raised by the demonstrators, her top adviser said. The city’s leader plans to hold a dialogue with Hong Kong citizens and will also address the underlying issues raised by the protesters — ...

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Johnson heads to New York, but he can’t escape Brexit

Bloomberg Boris Johnson heads to New York on Sunday for his first United Nations General Assembly as prime minister. But even on the other side of the Atlantic, he won’t be able to escape Brexit. According to a statement from Johnson, his two-day schedule will see him “raising three crucial issues” — the crisis in the Middle East, climate change, ...

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‘I’ve been working’ on the economy: India minister

Bloomberg India’s Finance Minister Nirmala Sitharaman defended her handling of the economy, following criticism on Twitter by a corporate leader on the lack of fiscal measures to support growth. “As Finance Minister — you might’ve observed — I’ve been working on and regularly speaking about measures we’ve been taking on matters of the economy,” Sitharaman said via Twitter, responding to ...

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China phone maker Shenzhen prices IPO in sky-high multiple

Bloomberg Shenzhen Transsion Holdings Co, a Chinese handset maker largely unknown outside of Africa, has priced its initial public offering at double the valuation of Apple Inc. Transsion, whose mobile handsets outsell iPhone and Galaxy smartphones in Africa, is going public on Shanghai’s Nasdaq-style Star Board, setting its IPO at 35.15 yuan a share, implying a trailing earnings multiple of ...

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Blackstone REIT’s success lures global funds to India

Bloomberg Blackstone-backed real estate investment trust’s successful India trading debut has left global funds including Japan’s NikkoAM-StraitsTrading Asia wanting a piece of the action. Eastspring Investments, North Carolina Fund, and Sentry Global are among names looking to invest in the instrument that bets on India’s rent-yielding real estate, said Shobhit Agarwal, managing director of Anarock Property Consultants Ltd. Blackstone Group ...

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