It will continue to invest in Japanese equities but only through its external managers
Both ADIA and PIF are repeat investors in Ambani’s conglomerate after plowing billions in his digital and retail units earlier this year
The reins are now set to pass to his only son Jay Y. Lee, who’s been the conglomerate’s de facto leader since his father’s hospitalisation in 2014
Reliance Retail runs supermarkets, India’s largest consumer electronics chain, a cash-and-carry wholesaler, fast-fashion outlets and an online grocery store called JioMart
Japan’s total crude oil import in August equalled 73.189 million barrels
Japan will receive 40 tons of blue ammonia in the first shipment
The manager has already moved about 90 per cent of that money into markets such as China and India, after cutting some positions in developed markets
Two years ago, it sold an 80.1 per cent stake in its PC business to Sharp
A deal with Reliance would help the world’s biggest crude exporter join the ranks of the top oil refiners and chemical makers
From August 1-29, Air India will repatriate Indian citizens on 22 flights from Sharjah and Abu Dhabi airports
TSMC is one of only two companies in the world that can produce chips with the 5nm architecture
Little more than $1 trillion of deals have been announced this year, making for the slowest first half since 2012
The KSE 100 index, which dropped after news of the attack, gained 0.1 per cent at 11.40am in Karachi
China, Brazil and the UAE were the only three emerging economies that ranked on the index
Aluminium, as well as fresh and chilled meat, topped the list of commodities imported by the UAE from Australia
The cuts were widespread across the region from South Asia and Southeast Asia to some parts of North Asia
The organisers cited ongoing worldwide travel restrictions as one of the main reasons for cancelling the show
A four-year plan calls for production to be cut by 20 per cent to about 5.4 million vehicles a year
Honor phones earlier relied on Huawei Kirin processors
Facebook last month agreed to pay $5.7bn for a 10 per cent stake in the digital unit
Prior to the pandemic, the plant had been mostly targeting Europe for sales of low-sulfur diesel and jet fuel
The other coronavirus patient travelled from Italy
In August, Reliance valued its oil-to-chemicals division at $75bn including debt, implying a $15bn valuation for a 20 per cent stake
Toyota has restricted travel to Hubei province and asked employees to avoid unnecessary travel to other areas of the country
Carlos Ghosn, ex-CEO of Nissan, was arrested and charged with financial crimes, and was facing trial in Japan when he fled the country for Lebanon
The Dubai-based ports operator doubled its capacity at Egypt’s Sokhna port
Three senior executives were punished for their involvement, though their names, titles and specific steps to discipline them were not brought to the fore
The UAE exported 32.24 million barrels of crude oil to Japan in October
The fund – MEC Ventures – will invest across sectors such as e-commerce, fintech, and technology ecosystem enablers