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Bloomberg
Financial

Ziemba: No Immediate US Role in Saudi-Houthi Fighting

Aramco's headquarters in the eastern part of Saudi Arabia was hit by a Houthi missile attack. Authorities said the strike on Dhahran caused a limited fire and no injuries as fighting between the Iran-backed rebels in Yemen & Saudi-led coalition intensified. Rachel Ziemba founder of Ziemba Insights spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa on the likelihood of the US getting involved in the fighting.

Read more: Ziemba: No Immediate US Role in Saudi-Houthi Fighting
Grafa
Retail

Guzman y Gomez Chair Guy Russo executes $35.5 million share sale

Guzman y Gomez Limited (ASX:GYG) Chair Guy Russo has sold 1.39 million shares through an off-market block trade valued at $35.55 million.

The transaction represents a sell-down of 23% of his prior holding, leaving him with 4.69 million shares in the quick-service restaurant chain.

Read more: Guzman y Gomez Chair Guy Russo executes $35.5 million share sale
Bloomberg
Financial

Hitachi Energy CEO on AI, Energy Security and Grids

Hitachi Energy CEO Andreas Schierenbeck discusses whether the electricity infrastructure industry can expand fast enough to support the AI boom and industrial electrification, and how his company plans to convert demand into sustainable growth. He also explains why electricity networks are increasingly becoming a national security issue, not just an infrastructure challenge. He speaks with Shery Ahn from the sidelines of "Bloomberg New Economy Forum".

Read more: Hitachi Energy CEO on AI, Energy Security and Grids