Bloomberg Business

Saudi, UAE Leaders Hold Rare Talks as Israel-Hamas War Escalates

The leaders of Saudi Arabia and the United Arab Emirates met in Riyadh on Friday, indicating an effort by the two regional heavyweights to put differences to one side and confront the threat of the Israel-Hamas war becoming a wider conflict.

VinFast Inks $1 Billion Share Sale Pact With Yorkville

VinFast Auto Ltd. has agreed to sell as much as $1 billion worth of new shares to Yorkville Advisors Global over three years as the Vietnam electric vehicle maker seeks to boost the public float of its US-listed stock.

Steel Talks Stall Before US-EU Summit, Risking Tariff Return

The US and European Union failed to reach an accord on steel and aluminum ahead of a summit on Friday and are poised to keep negotiating until a year-end deadline, when tariffs would return on billions of dollars of transatlantic trade in the absence of a deal.

Most New York Airbnb Applications Don’t Meet City Requirements

New York City has had to return a “vast majority” of applications from Airbnb Inc. and other short-term rental hosts seeking to register their listings because they were illegal, prompting many hosts to list their property for longer-term stays.

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