A blaze near Bordeaux has torn through more than 162 sq miles (420 sq km) in less than four days, while the Madrid region is seeing its worst fires ever. ...
How wildfires in France and Spain might affect your travel plansHow wildfires in France and Spain might affect your travel plans
For those who have upcoming holidays to the affected regions, here is what you should know about how it might impact your plans. ...
Abu Dhabi developer Aldar starts $27B expansion projectAbu Dhabi developer Aldar starts $27B expansion project
Abu Dhabi is building a 100 billion dirham ($27 billion) waterfront expansion on Saadiyat Island, the biggest single addition to the district yet. The emirate has spent two decades turning the area into a cultural hub, home to offshoots of the Louvre and Guggenheim museums. Aldar, the developer behind Yas ...
Saudi airlines are the Gulf’s big Farnborough spendersSaudi airlines are the Gulf’s big Farnborough spenders
Saudi airlines were the only Gulf carriers with a big shopping list this year at Farnborough, one of the industry’s biggest airshows. Riyadh Air signed a deal for 34 Airbus and Boeing widebody jets, and budget carrier Flynas committed to 25 Airbus aircraft, while the UAE and Qatar, home to ...
Blackstone, KKR invest in Kuwait pipelinesBlackstone, KKR invest in Kuwait pipelines
Kuwait agreed to a long-term lease of its oil pipeline network in a $16 billion deal with Blackstone, Brookfield, and KKR. The investors will acquire a 49% stake in a joint venture with Kuwait Oil Company, which will have a 20.5-year lease on the pipelines and lease them back to ...
Carlyle strikes first deal in new defense pushCarlyle strikes first deal in new defense push
The News Carlyle has acquired Secturion Systems, the first deal from the private-equity firm’s new fund focused on medium-sized companies that sell to the government. The DC-based investment firm, which has $475 billion of assets under management, has been raising up to $3 billion for a new platform that focuses ...
How energy costs will impact Africa’s exportsHow energy costs will impact Africa’s exports
During a recent visit to Nairobi, I accompanied a colleague to a dinner bringing together some of Kenya’s largest exporters. They sold everything from tea and avocados to flowers and leather, across East Africa, Europe, North America, the Middle East, and Asia. What struck me was how the gathering was ...
Home Office blocking evacuation of dozens of women and children from GazaHome Office blocking evacuation of dozens of women and children from Gaza
Refugee family reunions in limbo, despite Foreign Office saying it is ready get people out of war-torn territory The Home Office is blocking the evacuation of dozens of women and children from Gaza, despite the Foreign Office saying it is ready to get people out of the war-torn region. Last ...
Being a Luddite Is Fun AgainBeing a Luddite Is Fun Again
I’m marching across Lower Manhattan in the middle of a heatwave with a friendly mob of Luddite gnomes, and there isn’t a phone in sight. It’s Fourth of July weekend in New York City, and the brutal temperatures haven’t stopped a hundred-or-so people from donning pointy hats and dancing in ...
Oil price dives as US and Iran pause attacksOil price dives as US and Iran pause attacks
The US says attacks on Iran have been halted to give “talks some space”, raising hopes of a resolution to the conflict. ...