Classic Layout

Military officers arrested in Maduro assassination bid

Bloomberg Two high-ranking military officials were detained in the ongoing investigation into the attempt on President Nicolas Maduro’s life using explosive-laden drones, Venezuela’s leading prosecutor said. The two join a lawmaker already in custody in what authorities say was a complex plot to assassinate Maduro, the first lady and senior members of government at a military parade August 4 in ...

Read More »

Railways are path to North Korea peace: S Korea’s Moon

Bloomberg South Korean President Moon Jae-in proposed setting up an “East Asian Railroad Community” that includes the US and North Korea as he seeks to tamp down rising tensions between the two adversaries. Moon said in an address on Wednesday that the new economic community would connect his country’s railroads to those of other northeast Asian nations. He compared the ...

Read More »

Italian populists blame EU after 35 killed in bridge disaster

Bloomberg The populists setting the agenda in Italy’s coalition government seized on the collapse of a bridge in northern Italy to question whether they should respect European Union budget constraints. Deputy Premier Matteo Salvini of the euroskeptic League led the way, telling reporters in Catania, Sicily, that the failure of a roughly 50-year-old suspension bridge in Genoa shows how important ...

Read More »

Duterte won’t stop talking about quitting

Bloomberg Philippine President Rodrigo Duterte keeps saying that he’s tired and ready to quit. What’s holding him back? He’s not satisfied with his successor. “Guys, I want you to know that I am thinking of stepping down because I’m tired,” Duterte told a group of executives and politicians at the launch of a business program. Still, he told them he ...

Read More »

Nigerian senate head mulls running for president in Feb

Bloomberg Nigerian Senate President Bukola Saraki is considering running against President Muhammadu Buhari when Africa’s top oil producer holds elections in February. “I am consulting and actively considering it,” Saraki, 56, said in an interview at his residence in the capital, Abuja. “I believe I can make the change.” After recently defecting from the ruling All Progressives Congress, Saraki said ...

Read More »

Stocks sink amid technology weakness, commodities rout

Bloomberg US stocks headed for their worst day in two months, joining a broad decline in global equities as disappointing earnings from Chinese internet giant Tencent Holdings Ltd. roiled technology shares and a plunge in commodities weighed on resource producers. Crude tumbled to below $65 a barrel after a report that American stockpiles rose the most since March 2017. The ...

Read More »

China slides as yuan falls past 6.9 a dollar

Bloomberg China’s equities and currency slid, with the yuan weakening past 6.9 a dollar for the first time since May 2017 and losses in tech stocks spiraling into a broad selloff. The Hang Seng China Enterprises Index fell 2 percent at the close for its fourth day of losses. Tencent Holdings Ltd. rattled equities after surprising investors with its first ...

Read More »

UAE to spur ties with Australia’s agri, environmental sectors

DUBAI / WAM A UAE delegation, led by Dr Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment, concluded an official visit to Australia to promote collaboration on various environmental fronts. During the three-day visit, the delegates attended bilateral meetings with top Australian officials and toured multiple environmental and agricultural facilities in the country. At the Parliament House in ...

Read More »

Dewa commissions 2MWp Solar Carport Project

DUBAI / WAM The Dubai Electricity and Water Authority (Dewa) commissioned the 2MWp Solar Carport Project, at its headquarters and at the Ministry of Climate Change and Environment (MOCCAE) building. Dewa launched the project last year as part of the Shams Dubai initiative, to increase reliance on clean energy, support the Smart Dubai initiative, and achieve its vision of becoming ...

Read More »

Etihad, Al Nassr FC enter partnership

ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, signed an agreement to be the official shirt and main sponsor and partner of the Riyadh-based, Saudi Stars League team, Al Nassr FC. The multi-season partnership was signed at Etihad Airways’ Innovation Centre in Abu Dhabi, and was attended by senior members of both organisations’ leadership ...

Read More »
Send this to a friend