Bloomberg As the contentious $39 billion takeover saga for Sky Plc draws to a close, boutique banks appear poised to reap some of the richest rewards. PJT Partners Inc., Robey Warshaw LLP, Evercore Inc. and Centerview Partners are the small advisory shops that worked on the battle between Comcast Corp. and Twenty-First Century Fox Inc. for control of Sky. The ...

Bloomberg India’s prime minister is facing allegations his administration acted improperly on a multi-billion dollar warplane contract with France, keeping alive a controversial issue that could dent the ruling party’s reputation as it heads to elections next year. Francois Hollande was president when Indian PM Narendra Modi visited France and signed an $8.7 billion deal for Dassault Aviation Rafale aircraft ...

Bloomberg Pilots operating a Jet Airways India Ltd. flight forgot to turn on a switch that maintains optimal pressure in the cabin during ascent, causing injuries to some aboard. About 30 of the 166 passengers aboard the Boeing Co. 737 aircraft from Mumbai to Jaipur suffered bleeding in their noses, and a few in their ears, forcing the plane to ...

Bloomberg Singapore Airlines Ltd. took delivery of the Airbus SE A350-900 ultra long range aircraft to start a non-stop service to New York, a journey of about 19 hours that will become the world’s longest. The first commercial flight between Singapore and Newark Liberty International Airport will be on October 11, Singapore Air said in a statement. This is the ...

Bloomberg In the 1990s heyday of “cool Britannia,” designers John Galliano and Alexander McQueen ruled the runway, Burberry’s tartan was the design of the moment and model Kate Moss zipped around the globe to the tune of Oasis and the Spice Girls, sporting a Union Jack blazer. But the music has stopped and today’s fashion kids are more likely to ...

RIYADH / WAM The member countries of the Saudi-led Arab Coalition to Support Legitimacy in Yemen have provided a total of $17.6 billion worth of assistance in three years. “Out of this assistance, the Kingdom of Saudi Arabia, accounted for more than $11.5 billion,” said Dr Abdullah Al Rabeeah, the Supervisor-General of the King Salman Humanitarian Aid and Relief Centre, ...

Bloomberg China has called off planned trade talks with the US and is unlikely to sit down with Washington until after the mid-term elections, according to people familiar with the situation. Beijing has withdrawn a planned delegation to Washington next week, the people told Bloomberg. The Wall Street Journal earlier reported that China had scrapped plans to send Vice-Premier Liu ...

ABU DHABI / WAM Rashed Al Blooshi, Chief Executive of Abu Dhabi Securities Exchange (ADX), chaired the 43rd session of Arab Federation of Exchanges (AFE) meeting. The annual meeting of the AFE in its 43rd session took place in Abu Dhabi was attended a number of CEOs of Arab stock exchanges and chairmen of clearing and depository companies from all ...

ABU DHABI / WAM The Federal Tax Authority (FTA), has invited retailers, outlets and shops registered for Value Added Tax (VAT), to register in the digital system of the Tax Refund Scheme for tourists, which will come into effect as of the fourth quarter of 2018. The authority cautioned that a retailer’s membership in the Tax Refund Scheme for tourists ...

DUBAI / WAM Dubai Land Department (DLD), has announced that its service centres across the emirate have served more than 39,000 investors, after helping them complete their investments with a total value of AED 131 billion during the period from January to August 31. In the latest report issued by DLD, the number of transactions provided in service centres during ...