Bloomberg Business

Saudi Arabia Pushes For End to Yemen War After Iran Detente

Saudi Arabia is making one of its strongest pushes yet for an enduring peace deal with Iran-backed fighters in Yemen as it seeks to end a war that has unnerved oil markets and devastated the poorest country on the Arabian Peninsula.

Ukraine Latest: Russia to Pay Bonuses for Tank Damage, NYT Says

Ukraine has laid thousands of anti-tank mines near its border with Belarus and Russia to fortify defensive positions, Ukraine’s defense ministry said. On Sunday, Russia bombed what Ukrainian officials called an “infrastructure facility” in the Chernihiv region. Social media images suggest a direct hit on a bridge near the Russian border.

Becerra Says ‘Every Option’ Being Weighed After Abortion Ruling

The Biden administration is weighing every option to strike down a “reckless” ruling by a federal judge in Texas that suspended a US approval of a key drug used in medication abortions, Xavier Becerra, the Secretary of Health and Human Services, said on Sunday.

Huawei Looks to Move Middle East HQ to Saudi Arabia

Huawei Technologies Co. is looking to make Riyadh its headquarters for the Middle East amid a push by the Saudi government to position itself as a regional business hub and growing diplomatic and business ties with China, according to people familiar with the matter.

Seoul Dismisses Report of US Spying on Allies, Says Ties Strong

South Korea played down any possibility of a rift with the US over a report that American intelligence agencies had eavesdropped on allies’ discussions about Ukraine, reiterating that its alliance with Washington remains strong.

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