September, 2023

• 12 September

  Sunak confronts Chinese PM after spying arrests

  

  BLOOMBERG British Prime Minister Rishi Sunak told Chinese premier Li Qiang he had “significant concerns” about “interference” from Beijing, hours after it emerged that two men had been arrested in the UK for allegedly spying for China. Sunak said he’d confronted the Chinese official after news that a parliamentary researcher linked to a number of Tory MPs had been detained ...

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• 12 September

  Macron refuses Niger demand to pull out forces

  

  BLOOMBERG French President Emmanuel Macron rejected a demand by Niger’s military rulers to withdraw troops from the West African nation after a coup strained relations between the two countries. “If we redeploy, I would do it only at the request of President Bazoum,” Macron said, referring to Niger’s ousted leader, as the G-20 summit wrapped up in New Delhi, India. ...

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• 12 September

  Australia cost concerns drain PM’s support

  

  BLOOMBERG Australian voter dissatisfaction with Prime Minister Anthony Albanese’s performance is growing and support for his signature Indigenous Voice to Parliament proposal is declining amid increased frustration over rising living costs. The center-left government’s primary vote slid to 36% in the latest Resolve poll published, the lowest level since it won office in May 2022. Albanese’s net approval rating declined ...

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• 12 September

  Modi’s G-20 deals boost India’s green stocks, infrastructure

  

  BLOOMBERG Shares of global infrastructure service providers and environmental companies in India rallied on Monday after the Group of 20 leaders meeting in New Delhi agreed to prioritise projects that involve regional connectivity and promoting biofuels. India’s state-run firms that plan and operate the country’s vast railways network were among top gainers on the S&P BSE 500 Index amid expectations ...

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• 12 September

  Dollar declines most in two weeks as stocks rebound

  

  BLOOMBERG The dollar fell the most in two weeks, while stocks rose as traders took bullish cues from improving Chinese data and comments from Treasury Secretary Janet Yellen. The yen had the biggest move against the dollar, surging more than 1% after Bank of Japan Governor Kazuo Ueda aired the possibility of ending the developed world’s last key negative interest ...

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• 12 September

  Citigroup names new heads for continental Europe investment banking divisions

  

  BLOOMBERG Citigroup Inc has named new co-heads of its banking, capital markets and advisory division for continental Europe. Linos Lekkas and Patrick Frowein will also represent the BCMA division as members of Citigroup’s Europe leadership team, according to an internal memo seen by Bloomberg News. A spokesperson for Citigroup confirmed the contents of the memo. The BCMA division’s continental Europe ...

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• 11 September

  Mubadala commits US$1 billion to Blue Owl Capital’s technology lending strategy

  

  NEW YORK / WAM Mubadala Investment Company (Mubadala), an Abu Dhabi-based global sovereign investor, announced today that it has formed a strategic partnership with Blue Owl Capital (“Blue Owl”) (NYSE: OWL), a leading alternative asset manager. The partnership was established with a $1 billion commitment to Blue Owl’s Credit platform and will initially focus on its Technology Lending strategy, which ...

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• 11 September

  UAE President and President of Nigeria discuss enhancing cooperation

  

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today met with Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, who is on a working visit to the UAE. During the meeting, which took place at Qasr Al Shati in Abu Dhabi, His Highness Sheikh Mohamed renewed his congratulations to Tinubu on assuming the presidency ...

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• 11 September

  ADNOC Logistics and Services takes delivery of 8 jack-up barges, boosting its barge fleet by 25%

  

  ABU DHABI / WAM ADNOC Logistics and Services (ADNOC L&S) has taken delivery of eight self-propelled jack-up barges (JUBs) through its subsidiary Zakher Marine International (ZMI) Holdings. With this expansion, the number of JUBs owned and operated by ADNOC L&S has increased from 31 to 39, reinforcing the Company’s status as the owner and operator of one of the largest ...

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• 11 September

  UAE President directs urgent relief aid, search and rescue teams to Libya

  

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed to send urgent relief aid and search and rescue teams to Libya to support its efforts in mitigating the repercussions of the floods caused by Storm Daniel, which resulted in numerous deaths and injuries, and caused severe damage. His Highness expressed his sincere condolences and sympathy ...

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