Hong Kong – Global law firm K&L Gates welcomes Yang Wang as a partner in its Corporate/M&A practice group. He joins the firm’s Hong Kong office from Dechert, where he spearheaded the China practice from Singapore and previously served as the managing partner of the Beijing office. Wang focuses his practice on cross-border mergers and acquisitions, private equity, and venture capital investments, with a specific focus on matters across the Greater China region. He also has substantial experience with capital markets transactions, including initial public offerings on the Main Board of the Hong Kong Stock Exchange and de-SPAC transactions on…
Author: Isla
Representational image. Credit: Canva Saudi Arabia has emerged as the new leader in renewable energy development within the Gulf Cooperation Council (GCC), overtaking the United Arab Emirates (UAE), which had long been recognized as the region’s clean energy pioneer. The shift marks a significant change in the Gulf’s renewable energy landscape as Saudi Arabia accelerates its efforts to diversify its economy and reduce dependence on oil revenues. For many years, the UAE led the region through the development of large-scale solar projects and ambitious carbon reduction targets. However, Saudi Arabia has significantly increased its investments in renewable energy under its…
Investing.com — Persol Holdings () shares fell 6.5% in Tokyo trading on Monday following a report that Japanese authorities are investigating the company for potential antitrust violations. The Nikkei reported at 12:00 JST that the Japan Fair Trade Commission conducted on-site inspections on June 2 as part of a probe into possible Antimonopoly Act violations. The investigation centers on concerns that five major staffing firms formed a price cartel to raise staffing fees, according to the report. The five firms under investigation are Persol Tempstaff, StaffService, , , and , the Nikkei said. The investigation is examining potential unreasonable restraint…
A new study by Climate Trends found that shifting climate patterns like winter warming, rising nighttime temperature, and more frequent unseasonal rainfall are threatening wheat production across India’s major growing regions raising concerns about the country’s food security and farmers’ livelihood. The research comes at a time when India Meteorological Department (IMD) revised the 2026 monsoon forecast down to 90% from the earlier 92% of the long period average, placing the kharif outlook in the below-normal category. With global meteorological agencies tracking what could be the strongest El Nino event since 2015-16, India’s food systems are entering a period of…
Published on 02/06/2026 – 12:43 GMT+2 Algorithms and computer programmes are now considered trade secrets by the Chinese government. ADVERTISEMENT ADVERTISEMENT The new regulations, called “Trade Secret Protection,” went into effect on Monday. The rules say that any “information related to technology, such as structure, raw materials, formula, materials, samples, patterns, processes, methods, data, algorithms, computer programmes and codes,” is considered a trade secret. Technical or business information that “is not publicly known, has commercial value,” and is confidential also falls under the regulation. Anything that has already been described in the media or in open reports is not considered…
British Airways has pushed back the resumption of its Dubai flights until October 25, extending a suspension that was expected to end on July 1.The postponement follows large-scale disruption to the aviation sector caused by the Iran war. “Due to the ongoing situation in the Middle East, we have made further changes to our flying schedule to provide greater clarity for our customers,” a representative for the airline told The National.“We’re keeping the situation under constant review and are directly in touch with affected customers to offer them a range of options. We will continue to assess and introduce further…
Backed by Rava Partners, the APAC flexible living leader secures its 10th Hong Kong location with a 26-storey, 98-room asset. HONG KONG, June 2, 2026 /PRNewswire/ — Dash Living, Asia Pacific’s leading fully integrated living sector investment and operator platform backed by Rava Partners, the real assets strategy of Hillhouse Investment, has announced the acquisition of 39 Morrison Hill Road in Wan Chai, formerly operating as BeLiving Youth Hub. The property is located a 3-minute walking distance from the iconic Hong Kong landmark, Times Square, seamlessly connecting guests to the popular tourist destinations and business hubs like the Hong Kong…
A recent analytical report says Gulf states are well positioned to play a larger role in shaping the regional security architecture in the aftermath of the war against Iran by adopting a multi-level security approach that combines greater self-reliance with broader international partnerships. The report, prepared by Ambassador Alessandro Minuto-Rizzo, President of the NATO Defense College Foundation and former Deputy Secretary General of the North Atlantic Treaty Organization (NATO), was published by the Gulf Research Center in Jeddah. It says partnership with NATO represents an important avenue for developing Gulf defense capabilities, offering opportunities to benefit from the alliance’s accumulated…
Hamburg-based charter operator Platoon Aviation has signed a purchase agreement with Textron Aviation for multiple Cessna Citation Longitude business jets, which it said will make it the largest Citation Longitude fleet operator in Europe. The aircraft are expected to enter service from early 2027 and will complement Platoon’s existing fleet of 12 Pilatus PC-24 light jets. Like the PC-24s, the Longitudes will operate on a floating fleet model across Europe and the Middle East, with no fixed home base. The company did not disclose the number of aircraft ordered. The Citation Longitude has a range of 3,500nm (6,482km) and a…
Skip next section 30 Indian truck drivers arrested in US for residing illegally06/02/2026June 2, 202630 Indian truck drivers arrested in US for residing illegallyUS Border Patrol arrested 30 Indian nationals for illegally residing in the country while operating commercial vehicles, authorities said Monday. The arrests were made during Operation Checkmate, conducted May 11-15 in Arizona’s Yuma Sector, the US Customs and Border Protection (CBP) said in a statement. A total of 52 people were arrested. Several possessed employment authorization documents obtained during the Biden administration, but officials said the permits were no longer valid, according to the statement. All arrested…