Dec. 16 (Bloomberg) — The Abu Dhabi Investment Authority is trying to abort an agreement to buy $7.5 billion of Citigroup Inc. stock at eight times todays price, saying the bank misled it about the investment. Bloomberg’s Chris Burns reports. (Source: Bloomberg) ... Abu Dhabi Fund Seeks to...
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Dec. 16 (Bloomberg) — Reva Bhalla, director of geopolitical analysis at Stratfor, a private intelligence company, talks with Bloomberg’s Margaret Brennan about the potential role of the bailout of Dubai World Ltd. by Abu Dhabi in sanctions against Iran. Bhalla also discusses Credit Suisse ...
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The News Hub panel discusses the growing tensions between the White House and Wall Street ahead of a meeting with bankers on Monday evening. Plus, Abu Dhabi helps out its neighbor, Dubai.
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Dec. 16 (Bloomberg) — Bloomberg’s John Cookson reports on Dubai World and which assets may be sold to help the state-owned holding company repay its debts. (Source: Bloomberg) ... Dubai World May Sell Assets in UAE to Repay Its Debt AV Special Reports Abu Dhabi Africa Mideast Audio Visual B...
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