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How The World’s First Sand Battery Stores Green Power

For the very first time, sand is being used to store thermal energy thanks to the work done by Polar Night Energy, a Finnish company. Polar...
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Australia, Japan Sign Defence Pact

Muscat: The leaders of Japan and Australia signed a “landmark” defence agreement today that allows closer cooperation between their militaries. Australian Prime Minister Scott Morrison...
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Oman National Team To Play Australia in World Cup 2022 Asian Qualifiers

Doha: The national football team of the Sultanate will play its Australian counterpart, the third encounter in the World Cup 2022 Asian Qualifiers. The...
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Asian Markets Gain Even As Pandemic Restrictions Tighten In China, Australia

Beijing: Asian stock markets followed Wall Street higher Monday after China and Australia tightened anti-virus controls that threaten to weigh on economic recovery. The Shanghai...
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The Real Virus Number Determining If Cities Return to Lockdown

The Real Virus Number Determining If Cities Return to Lockdown

(Bloomberg) -- As countries across Asia Pacific struggle with resurgences of the coronavirus, one data point is steering government responses: the share of cases with...
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Airbus Restructures; IMF Sees Asia Pain Persisting: Virus Update

Airbus Restructures; IMF Sees Asia Pain Persisting: Virus Update

(Bloomberg) -- Airbus SE embarked on the most extensive restructuring in its history, setting out plans to cut 15,000 civil-aerospace jobs worldwide as it attempts to steer...
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U.S. Futures Drop, Bonds Up on Second-Wave Worries: Markets Wrap

U.S. Futures Drop, Bonds Up on Second-Wave Worries: Markets Wrap

(Bloomberg) -- U.S. futures retreated along with Asian shares and the dollar climbed against major peers as investors gauged the danger of a second wave...
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Virgin Australia Collapses as Virus Wipes Out Global Air Travel

Virgin Australia Collapses as Virus Wipes Out Global Air Travel

(Bloomberg) -- Virgin Australia Holdings Ltd. became Asia’s first airline to fall to the coronavirus after the outbreak deprived the debt-burdened company of almost all...
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Countries Weigh Reopening; Trump Defends Record: Virus Update

Virus Update: Countries Weigh Reopening; Trump Defends Record

(Bloomberg) -- Countries across the globe weighed the timing for easing restrictions, as the CDC said the outbreak has stabilized across the U.S. and other...
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FAB Bond issuance

FAB’s First GBP450mn Bond Is Also Largest-Ever Issuance From Region

First Abu Dhabi Bank (FAB) has issued bonds worth over AED 3 billion via two separate public issuances in three days, marking its first-ever...
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