Saudi Arabia told international companies to move their regional headquarters to its capital or lose out on government contracts. It’s working.

A man walks past the headquarters of Saudi Basic Industries Corp (SABIC) in Riyadh, Saudi Arabia October 27, 2013. Faisal Al Nasser/REUTERS On Wednesday, Saudi Arabia said 44 global corporations are moving their regional head offices to Riyadh, the capital. The kingdom boldly told companies in February that it wouldn’t do business with them if … Read more

Chinese language authorities have advised Evergrande’s billionaire founder to make use of his personal cash to pay down the corporate’s $300 billion debt, Bloomberg reviews

Beijing has instructed Evergrande’s founder, Hui Ka Yan, to pay the corporate’s debt utilizing his private funds, Bloomberg reported. Hui’s web value is about $7.6 billion, in response to Bloomberg Billionaire’s Index. Evergrande’s debt pile is $300 billion. Authorities in China have advised Evergrande’s billionaire founder, Hui Ka Yan, to make use of his personal … Read more

Told him such things don’t happen: Tendulkar recalls hilarious first interaction with Kohli

Told him such things don’t happen: Tendulkar recalls hilarious first interaction with Kohli The accomplishments and batting brilliance of the two have not only cemented their legacy but also taken Indian cricket to new heights. Sachin Tendulkar and Virat Kohli are two names almost everyone in India knows, even if they are not cricket fans. … Read more

Lebanese port blast investigator formally told he is removed

[ad_1] BEIRUT (AP) — The prosecutor investigating last year’s massive blast in Beirut was formally notified Friday that he would no longer lead an enquiry into last year’s deadly port explosion, state-run Lebanon’s National News Agency reported. Thursday’s decision by the country’s highest court to remove Investigating Judge Fadi Sawwan came after legal challenges by … Read more

Trump ‘flipped’ when he was told he’d missed a call from Putin, during an awkward meeting with Theresa May

[ad_1] National Review President Biden Is Keeping Schools Closed Six months ago, when President Joe Biden was candidate Joe Biden, he spoke of “a crisis being felt all across the United States of America.” The crisis was school closures. Millions of children were staring at laptops rather than learning in a classroom. Biden said: “This … Read more