Bloomberg Business

US Plays Down Talk of Breakthrough on an Israel-Saudi Accord

The US and Saudi Arabia continue to work on a framework aimed at Saudi recognition of Israel in exchange for US security guarantees for Riyadh — though the Biden administration signaled Wednesday there’s still a long way to go.

China Allows Group Tours to US, UK, Japan in Travel Boost

China lifted a ban on group travel to a slew of countries including the US, UK, Australia, South Korea and Japan, in a major relaxation of travel restrictions that could boost the global tourism market. Tourism and travel stocks in the region surged.