Iran ‘Strongly Denies’ Involvement in Arabian Sea Tanker Attack
Iran wasn’t involved in a Feb. 10 attack on an oil tanker in the Arabian Sea, the country’s foreign ministry spokesman told reporters in Tehran on Monday.
Bloomberg Business
Tycoon Agarwal’s Plan to Trim Debt Hits a Roadblock in India
Indian billionaire Anil Agarwal’s plan to trim a massive debt pile hit a roadblock after New Delhi said it would block the sale of a zinc manufacturing unit.
Covid Cap Forces United Airlines to Delay Extra China-US Services For Six Months
United Airlines Holdings Inc. has delayed plans to add extra US-China flights by at least six months, according to a person with knowledge of the matter, as the two nations remain deadlocked over lifting Covid flight caps.
K-Pop Giant SM’s Profit Beats as Talk of Bidding War Mounts
SM Entertainment Co.’s profit soared 70% thanks to a resumption of overseas concerts and live events, underscoring the K-pop agency’s value as it tries to fight a hostile bid from rival and BTS label Hybe Co.
FWD to Buy Majority Stake in Malaysian Insurer Ahead of IPO
FWD Group Holdings Ltd., the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, has agreed to buy a majority stake in Gibraltar BSN Life Bhd., a move that allows it to tap into the Southeast Asian market’s growth potential ahead of FWD’s planned initial public offering.
China Professor Suspended After Student Says He ‘Worships’ West
A Chinese professor has been suspended by his university after a talk he gave at a school prompted an outburst from a student who accused him of worshiping the West.
Little-Known Sheikh Is Face of Attempt to Take Over Man United
Sheikh Jassim Bin Hamad J.J. Al Thani didn’t even have a Wikipedia entry until late Friday night, around an hour after he issued a press release announcing his multi-billion-pound bid for Manchester United.
Adani Maps Comeback Strategy After $135 Billion Hindenburg Rout
Almost a month after a bombshell short seller report lopped off over $135 billion in market value from Gautam Adani’s empire, the Indian billionaire has hired top-shelf US crisis communication and legal teams, scrapped a $850 million coal plant purchase, reined in expenses, repaid some debt and promises to repay more.
Euro Area Braces for Era of Central-Bank Losses After QE Binge
The euro area’s central banks will disclose their first significant losses from a decade of money printing in the coming weeks, heralding a new era of scrutiny and the prospect of taxpayer bailouts.
UK Ambulance Workers Walk Out, Doctors Announce First Strike
Ambulance workers will strike again on Monday as junior doctors announce their first walkouts in March across Britain’s National Health Service.
