Virgin's Branson halts talks on $1 billion Saudi investment in space ventures


  • World
  • Friday, 12 Oct 2018

FILE PHOTO: Richard Branson listens to speeches as he is inducted into the Flight Path Walk of Fame at Los Angeles Airport Flight Path Museum, highlighting his accomplishments in aviation and aerospace in Los Angeles, California, U.S. March 28, 2018. REUTERS/Mike Blake

(Reuters) - British billionaire Richard Branson said on Thursday that his Virgin Group would suspend its discussions with Saudi Arabia's Public Investment Fund over a planned $1 billion investment in the group's space ventures, in light of the disappearance of Saudi journalist Jamal Khashoggi.

"What has reportedly happened in Turkey around the disappearance of journalist Jamal Khashoggi, if proved true, would clearly change the ability of any of us in the West to do business with the Saudi government," Branson said in a statement. (https://bit.ly/2OiYtY3)

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