SoftBank's market value dives on tech rout, Saudi ties

Missing Saudi Journalist Jamal Khashoggi with his fiance Hatice Cengiz

Missing Saudi Journalist Jamal Khashoggi with his fiance Hatice Cengiz

Sheikh Abdullah reiterated the UAE's unequivocal stance with Saudi Arabia in whatever policies it sets and tremendous efforts it exerts to counter the various risks and threats besetting the worldwide community, particularly extremism and terrorism. Saudi officials claim that the journalist left the embassy but Turkish officials say he may have been murdered inside the consulate by Saudi agents.

Turkish authorities have an audio recording indicating that Khashoggi was killed in the consulate, a Turkish official and a security source told Reuters, and have shared evidence with countries including Saudi Arabia and the United States.

"We encourage joint Saudi-Turkish efforts in that regard, and expect the Saudi government to provide a complete and detailed response", they added.

JP Morgan & Chase Co Chief Executive Jamie Dimon and Ford Motor Co Chairman Bill Ford canceled plans to attend a Saudi investor conference, the companies said on Sunday, the latest such high-profile announcements after the disappearance of Saudi journalist Jamal Khashoggi. The Public Investment Fund put $45 billion into SoftBank's first Vision Fund, and Bloomberg recently reported that the Saudi fund would invest another $45 billion into SoftBank's second Vision Fund.

"The Kingdom also affirms that if it receives any action, it will respond with greater action", Saudi Arabia's state-run news agency said Sunday, ominously noting that the country plays "an influential and vital role in the global economy". SoftBank and Saudi Arabia said in March they would build the world's biggest solar power generation project. "It's really only Saudi Arabia at this point".

Dubai-Bound AI Flight Hits Trichy Airport Wall, Passengers Safe
The pilots chose to continue. "If not there, they should have landed in Bengaluru after Trichy airport officials contacted them". The matter was conveyed to the pilot in command. "It was chose to divert the aircraft to Mumbai as a precautionary measure".

Khashoggi has written extensively for the Post about Saudi Arabia, criticizing its war in Yemen, its recent diplomatic spat with Canada and its arrest of women's rights activists after the lifting of a ban on women driving.

Treasury Secretary Steven Mnuchin still plans to attend a previously scheduled Saudi conference this week to address terrorist financing, but those plans could change as the investigation progresses, said White House economic adviser Larry Kudlow.

Saudi Arabia is a key partner for Switzerlandexternal link in the Arab world and the Middle East region. Several business leaders and media outlets have backed out of the upcoming investment conference in Riyadh, called the Future Investment Initiative.

Both Brent crude oil, the global benchmark, and West Texas Intermediate, the U.S. benchmark, were up just less than 1%, at $81.21 and $71.87 a barrel, holding just below nearly four-year highs reached October 3. According to that narrative, the crown prince had approved an interrogation or rendition of Khashoggi back to Saudi Arabia, but the intelligence official was tragically incompetent as he eagerly sought to prove himself.

The main stock market index in Riyadh fell as much as 7% on Sunday and billions of dollars were wiped off the value of leading Saudi companies.

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