Author: i2wtc
(Bloomberg) — Abu Dhabi’s largest asset management fund has hired the financial chief of a JD.com Inc. subsidiary to oversee private equity investments in China, as the United Arab Emirates expands investments in emerging markets.Most read articles on BloombergHugo Hu, a former chief financial officer at JD.com, has been hired as China head of the Abu Dhabi Investment Authority’s private equity unit, a spokesman for the fund said in response to inquiries from Bloomberg News.A representative for JD.com declined to comment.Hu joined JD Group, China’s leading e-commerce platform, in 2021 as head of strategic investment, and later became CFO of…
File photo of Wahab Riaz and Mohammed Amir.©AFP Former India opener Virender Sehwag has slammed Pakistan’s duo of Wahab Riaz and Mohammed Amir. Wahab, who called time on his international cricket career last year, is currently a member of the selection committee for the Pakistan men’s national cricket team. A few months after Wahab was embroiled in the selection process, Amir, who has also retired from international cricket, has rejoined the national team. Taking note of this development, Sehwag questioned Riaz’s intentions to chair the selection committee.”Wahaz Riaz and Mohammed Amir are two men who used to voice…
When President Biden and Chinese President Xi Jinping pledged to revive a joint crackdown on illegal drug trafficking in November, it sent a brief shock wave through the vast network of Chinese suppliers fueling the production of fentanyl.Drug suppliers hit pause on international orders, as local Chinese officials conducted site inspections and began circulating fresh reminders of regulations. Beijing sent a warning notice to its pharmaceutical industry and shut down 25 Chinese companies selling fentanyl precursors — the chemical building blocks of a drug that accounts for the majority of more than 70,000 synthetic opioid overdose deaths a year in…
Karnataka Deputy Chief Minister DK Shivakumar on Wednesday hinted at possibly contesting the Channapatna Assembly by-election and said he had to repay his “debt” to the people of his constituency.Shivakumar, who won from Kanakapura in the 2023 Karnataka Assembly elections, dropped the hint during his tour of the Channapatna Assembly seat. Though the Election Commission is yet to announce it, a by-election is necessitated as former chief minister and state legislator from Channapatna, HD Kumaraswamy, has switched to being the MP from Mandya Lok Sabha constituency, leaving the seat vacant. Kumaraswamy is currently the Union Minister for Heavy Industries. Shivakumar’s…
China on Thursday urged the tribunal to thoroughly reflect and fully revise its political claims in order to meet the Dalai Lama and also respect China’s sensitivity and importance on Tibet-related issues as the US is trying to pass a tough Tibet Policy Act. Tibetan spiritual leader the Dalai Lama meets and exchanges greetings with former U.S. House Speaker Nancy Pelosi in Dharamsala, Himachal Pradesh, India (Reuters) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Chinese Foreign Ministry spokesman Lin Jian told a press conference that China’s policy on contacts and meetings between the central government and the 14th Dalai Lama is consistent and…
Down icon An icon in the shape of a downward angle. Virgin Orbit struggled to raise funds after a failed rocket launch. Matthew Horwood/Getty Images The SEC has sued a Texas man who proposed investing $200 million in Virgin Orbit.According to the SEC, Matthew Brown claimed to have $182 million but didn’t have a dollar in his bank account.Virgin Orbit, which was aiming to compete with Elon Musk’s SpaceX, filed for bankruptcy in 2023. In March 2023, beleaguered rocket company Virgin Orbit thought it had found a lifeline.Texas-based investor Matthew Brown has reportedly offered to invest $200 million in the…
NEW DELHI: Former Pakistan captain Mohammed Hafeez has stood by his comments during last year’s ICC ODI World Cup where he called Virat Kohli “selfish”.In the World Cup against South Africa, Virat Kohli scored 101 runs off 121 balls at a strike rate of 83.47. Though he hit 10 fours and no sixes, his performance drew criticism from Hafeez. T20 World Cup: Schedule | Points Table Recently, while speaking on Club Prairie Fire podcast, Hafeez commented, “Looking at the overall situation, I think I was right then. For me, it doesn’t matter who is playing. The intention and the way…
Nusrat Fateh Ali Khan’s unreleased album discovered after 34 years, set for release in September ISLAMABAD: A new album of unreleased melodies recorded 34 years ago by Pakistani music icon Nusrat Fateh Ali Khan will be released on September 20, according to a statement issued by Real World Records on Wednesday. Founded by Peter Gabriel in 1989, the company was the result of the two musicians’ joint decision to record Khan’s fusion music, which blends the mystical qawwali style of the East with Western instrumentation and sensibilities. The Pakistani maestro’s lost album, “Chain of Light,” has been discovered in the…
With just one month until the Olympics, the best runners, jumpers and throwers will be trying to book their tickets to Paris to compete at the U.S. Olympic Track and Field Trials. The University of Oregon’s Hayward Field in Eugene will host the fifth consecutive and eighth overall Trials, with eight days of competition over 10 days beginning Friday, June 21. In most sports, the top three athletes qualify for the Summer Olympics if they meet the Olympic qualifying standard. On the men’s side, six-time world champion Noah Lyles will become the first athlete since Usain Bolt to win the…
Yahoo Sports’ Jason Fitz and Frank Schwab discuss the current state of Denver’s depth and how long it will take for the Broncos to become championship contenders. Listen and subscribe to the “Zero Blitz” podcast on Apple Podcasts, Spotify or wherever you love.Show moreVideo TranscriptMy biggest concern with the Broncos is how long this rebuild will last.If you think about it, they traded for Sean Payton, they traded for Russell Wilson, they gave up five first and second round draft picks for those two guys.No matter what NFL roster you look at, it’s a good one way or another.First and…