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richard branson

Macron seeks climate action after US withdrawal from Paris accord

PARIS: French President Emmanuel Macron is urging wealthy countries and global companies to commit more funds to combating global warming and help poorer nations deal with the impact of climate change. The French leader is hosting the “One Planet” summit two years after nearly 200 governments agreed in Paris to end their heavy reliance on fossil fuels and limit further global warming. Macron wants to show that progress toward those hard-fought goals is being made after President Donald Trump said in June that he was…

Saudi Arabia to invest $1 billion in Virgin Galactic

RIYADH: Saudi Arabia's Public Investment Fund on Thursday announced a $1 billion investment in  British billionaire Richard Branson's space tourism company Virgin Galactic. The announcement on the sidelines of an investment summit in Riyadh comes nearly a month after the Virgin Group founder said he would invest in the kingdom's Red Sea project that aims to turn 50 Saudi islands into luxury tourism destinations. "This investment will enable us to develop the next generation of satellite launches and accelerate our…

Richard Branson to invest in Saudi Red Sea project

JEDDAH: Virgin airlines founder Richard Branson will invest in a Red Sea project that aims to turn 50 Saudi Arabian islands into luxury tourism destinations, the Saudi government announced on Sunday. Branson is the first international investor to commit to the project, Saudi Arabia's information ministry said, in what officials called "a clear sign that Saudi Arabia is opening its doors to international tourism". Branson also visited the tombs at Madain Saleh -- an UNESCO World Heritage site located near a string of…

Watch Obama trying some dangerous water sports with billionaire Richard Branson

Former US president Barack Obama is trying some new and dangerous water sports that the Hawaii native had to miss out on for safety reasons while serving in the White House. Obama, whose eight years as president ended last month when he was succeeded by Donald Trump, learned to kiteboard while vacationing last week on a Caribbean island owned by British billionaire and adventurer Sir Richard Branson, who published an account of their trip on Tuesday. Photographs and video on the website of Branson's Virgin Group…