Classic Layout

Trump’s Hanoi summit off to rough start

Bloomberg The slapdash nature of Donald Trump’s second summit with Kim Jong Un was exposed on Tuesday, as American journalists were abruptly evicted from a Hanoi hotel housing the North Korean leader and key details of the meeting remained a mystery. The White House has set low ambitions for Thursday’s talks, organized in a matter of weeks after Trump announced ...

Read More »

Russia jails top cyber-cop in US-linked treason case

Bloomberg A top former Russian cybersecurity officer was jailed for 22 years after a court convicted him of treason for alleged links to US intelligence. Moscow District Military Court ordered that Sergei Mikhailov, who worked in the Federal Security Service’s information-security division, serve his sentence in a high-security prison. Ruslan Stoyanov, a manager at Kaspersky Lab cybersecurity company, was also ...

Read More »

Nigeria president Buhari leads vote, opposition cries foul

Bloomberg Nigerian President Muhammadu Buhari held the edge in early election results that the main opposition party claimed were being manipulated following a vote marred by delays and at least 39 deaths. After results from 11 of Nigeria’s 36 states and the Federal Capital Territory, Buhari led his main challenger, Atiku Abubakar, by a 51 percent to 46 percent margin, ...

Read More »

Mohamed visits Seoul National Cemetery

Seoul / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Tuesday visited the Seoul National Cemetery at the beginning of his official visit to the Republic of Korea. The visit to the memorial began with a flag-saluting ceremony. His Highness then laid a wreath ...

Read More »

Duphat 2019 kicks off in Dubai

DUBAI / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance, and President of the Dubai Health Authority, on Tuesday officially opened the 24th edition of Dubai International Pharmaceutical and Technology Conference and Exhibition (Duphat), at the Dubai International Convention and Exhibition Centre. Running until February 28, Duphat brings together leading pharmaceutical experts, industry ...

Read More »

Borouge awards three major contracts for Ruwais plant

ABU DHABI / WAM Borouge awarded TechnipFMC, Maire Tecnimont, and WorleyParsons, three major contracts for the fourth phase of the Ruwais petrochemicals complex which will include the world’s largest mixed feed cracker. In a ceremony held in Abu Dhabi, Borouge signed Front-End Engineering and Design (FEED), contract, Project Management Contract (PMC), and a licence contract associated with the mixed feed ...

Read More »

Tension mounts after Indian jets bomb targets in Pakistan

Bloomberg India said its fighter jets destroyed a major terrorist camp in Pakistan in the worst escalation between the nuclear-armed rivals since 2001, in an incident that Islamabad has described as a “grave aggression.” More than 300 people were killed in the air strikes at the camp belonging to terrorist group Jaish-e-Mohammed that has trained suicide bombers, according to an ...

Read More »

Brexit: Energy traders brace for chaos

Bloomberg The possibility of Britain exiting the European Union without a deal is coming into sharper focus for power, natural gas and carbon allowance traders as futures for next month start to expire. A no-deal Brexit could rattle traders because of the complicated links that hold the EU energy market together. For example, natural gas produced in Norway can be ...

Read More »

Shale backlash hits China after quake in key drilling area

Bloomberg The backlash against shale drilling in earthquake-prone regions — a thorn in the side of US energy companies for the past decade — reached China this week after a series of temblors killed two people and reduced homes to rubble. China’s biggest oil and gas producer halted drilling in an area of the country’s shale hub after three quakes ...

Read More »
Send this to a friend