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US intelligence suspects Megaspeed executive of Chinese espionage // IBS Proposes HK$563 Million Acquisition of AI Chip Enterprise // Ex-Kochi police chief rejects judicial interference // Sharjah Islamic Bank’s $500 million sukuk joins Nasdaq Dubai // Hill’s Enhances Cat and Dog Food with Prebiotics to Support Senior Pet Health in Hong Kong // Anchored in Data Sovereignty, the Engagement Enables the Legal Sector to Adopt Generative AI Safely and Confidently // UK competition watchdog examines Meta publisher contract terms // A Better Start, Ready for the Day: Green SM Elevates the Urban Mobility Experience in the U.S. // Lancet researchers seek global health emergency recognition for climate // 10 CENTS CAPITAL Completes US$20 Million Financing and Sets Out a Phased Deployment Plan // US intelligence suspects Megaspeed executive of Chinese espionage // Lancet researchers seek global health emergency recognition for climate // Strategy drives listed companies’ Bitcoin holdings to 1.3 million // Lancet researchers seek global health emergency recognition for climate // 10 CENTS CAPITAL Completes US$20 Million Financing and Sets Out a Phased Deployment Plan // PSC probe closes in on chief // ZJLD Group Returns to Hong Kong Wine & Dine Festival 2026 // Crown Workspace wins Gold and special Trinity recognition at HR Vendors of the Year Awards 2026 // Binance estimates $6.3 billion impact from security breach // Mumbai to host global blockchain leaders at November conference //

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By Ginger Gibson and David Shepardson | WASHINGTON WASHINGTON When the bosses of some of the world’s largest pharmaceutical companies headed to Washington in January to meet U.S. President Donald Trump, it had all the makings of a potentially hostile meeting. Just weeks before, Trump had sent drug stock prices plummeting after accusing the companies of “getting away with murder” by charging too much for medicines. But […]

Here are the big questions set to frame a new trading week for markets. How frothy are equity and junk bond valuations looking?Another record-breaking week for equities and a red hot reception for the Snap initial public offering is not the only sign of investor optimism running wild. Junk bond spreads — the premium investors demand to hold the bonds over Treasury yields — are heading towards […]

Prime Minister says TN50 is not a rejection of Mahathir Mohamad’s legacy but a continuation of Vision 2020. DEWAN RAKYAT KUALA LUMPUR: Prime Minister Najib Razak said today that his administration’s Transformasi Nasional 2050 (TN50) was not a rejection of former prime minister Dr Mahathir Mohamad’s Vision 2020. Rather, he said, TN50 was a continuation of the former prime minister’s goals for the nation. “I want to […]

By Saikat Chatterjee | HONG KONG HONG KONG Asian stocks edged lower on Wednesday after a strong start to the week due to profit-taking as investors lacked conviction to buy risky assets before a U.S. policy meeting next week that may see interest rates rising for the second time in three months. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.1 percent in early trade, a […]

Saudi Arabia has promised to launch major development projects towards the end of 2017 to re-energise an economy which has been hit by austerity measures, industry sources told Reuters. Deputy Crown Prince Mohammed bin Salman, the kingdom’s top economic official, made the commitment at a recent meeting with a delegation representing the Saudi private sector, the sources, who spoke on condition of anonymity, said. While they pledged […]

Highlights of the day for U.S. President Donald Trump’s administration on Tuesday: HEALTHCARE Trump endorses a plan by Republican lawmakers to replace the Obamacare healthcare law but influential conservative groups come out strongly against it, complicating the proposal’s prospects for passage in Congress. Shares of large U.S. pharmaceutical and biotechnology companies are selling off after Trump says he is working on a system to reduce prices in […]

Canadian financial services group Canaccord Genuity’s aims to double the contributions to its investment banking business from the Middle East and India in the next five years, its regional head told Reuters. It recently helped broker a C$5 billion ($3.7 billion) investment partnership between Dubai ports operator DP World and Caisse de depot et placement du Quebec, Canada’s second-largest public pension fund. “We think this could be […]

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How do you solve a problem like China’s excess corn stocks? Use it to make translucent film for greenhouses is one answer, its most influential agricultural expert said on Monday, as Beijing casts about for ways to rid itself of unwanted stores of corn and other agricultural commodities built up in recent years. The end of China’s failed minimum price policy for corn has forced a restructuring of […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. When it comes to Russian hacking and other subterfuge, the obvious and unavoidable media and political talk involves either the Clinton presidential campaign or the Trump White House. As Bloomberg’s Michael Riley discloses, there’s more for the press to obsess […]

By Nichola Saminather | SINGAPORE SINGAPORE Asian shares rose on Tuesday, diverging from New York markets that slipped on concern about President Donald Trump’s ability to focus on economic policies. Oil prices were slightly lower amid fears growing U.S. production will offset OPEC cuts. Futures are pointing to a positive open for Britain’s FTSE 100 .FTSE and France’s CAC 40 .FCHI. MSCI’s broadest index of Asia-Pacific shares […]

Tuesday 02:00 GMT Overview Markets were in wait-and-see mode in Asia trading with investors in Australia awaiting an interest rates decision from the country’s central bank. Hot topic Tokyo’s Topix index was flat, while the Nikkei 225 index was off 0.1 per cent. Nintendo was a bright spot with its shares climbing just over 2 per cent, on track for a third straight day of gains following […]

By Ernest Scheyder | HOUSTON HOUSTON Exxon Mobil Corp (XOM.N), the world’s largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining plants on the U.S. Gulf Coast. The investments at 11 sites should create 35,000 temporary construction jobs and 12,000 permanent jobs, Chief Executive Darren Woods said in a speech at CERAWeek, the world’s […]

Monday 21:56 GMT Overview Global equities sold off on Monday, encouraging flows into sovereign debt, after Asian markets were rattled by North Korea firing missiles into the Sea of Japan and the Federal Reserve’s interest rate meeting drew nearer. US President Donald Trump’s latest spat with the country’s security services may also be damping the mood somewhat as markets continue to price in a rate rise by […]

Drastic cuts in oil industry investment risk creating a shortfall in supply that by 2020 will expose the market to a surge in prices, the International Energy Agency has warned. Despite a chorus of analysts predicting a decline in oil consumption in the coming years, as governments push for energy efficiencies, cleaner fuel usage and electric cars, the IEA cautioned in its five-year outlook: “We see no […]

Bloomberg is fighting to keep the bond house Pimco as a customer on its platform to buy and sell Treasuries, as the advance of automated trading reshapes the $14tn US government debt market. Pimco, one of the most influential debt investors with almost $1.5tn of assets under management, is working on a tie-up with rival trading venue Tradeweb, according to people with knowledge of the discussions, escalating […]

Most entrepreneurs occasionally face unfavourable circumstances, from underperforming staff or chronic complaining customers to difficult economic conditions, mounting fees, and other often unforeseen hassles. However, there are outlier entrepreneurs, those whose decisions to persevere greatly outnumber the impediments they encounter. “I was stubborn. I had been dreaming about that project forever. I didn’t want to give up,” says Ziad Kamel, founder of Couqley UAE, a French bistro […]

TOKYO U.S. stock futures dropped and Asian shares were on the defensive on Monday as investors weighed the near-certain prospect of an interest rate hike in the United States this month against news of slower growth in China this year. Risk appetite also took a hit on rising geopolitical tensions in East Asia, as North Korea fired four ballistic missiles early in the day, while a spat […]

05 March 2017 Dubai, UAE – HE Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, visited Empower’s cooling plants in JVC and JVT to inspect the two giant projects and ensure the efficiency of the service provided to clients. During his visit, HE Bin Shafar reviewed the operational process in the cooling plants, and watched the work […]

Your daily guide to community and cultural activities across the Emirates for March 6, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at listings@thenational.ae newslide Abu Dhabi Art exhibition But […]

As part of the previously previewed “Two Sessions” which started on Sunday, Chinese Premier Li Keqiang on Sunday delivered the annual report on the work of the government in Beijing, summarizing the country’s achievements in the past year, and setting goals for this year. In his policy speech, lasting 97 minutes and 18,600 Chinese characters, Li signaled a course adjustment for the world’s second-largest economy and some […]

When Paul Ryan, speaker of the U.S. House of Representatives, talks of social mobility, about helping struggling Americans move out of impoverished areas to give them greater opportunity, Shiva Daniels is the kind of person he has in mind. A federal housing voucher allowed Daniels to escape her crime-plagued neighborhood in Dallas, Texas, and move her four children to the suburb of Garland. That move helped Daniels […]

Abu Dhabi’s government-owned power utility aims to close a financing package for a 3.2 billion dirham ($872 million) solar power plant, which will be the world’s largest, in April, a senior official at the utility said on Sunday. Last week, Abu Dhabi Water & Electricity Authority (ADWEA) said it had selected a consortium of Japan’s Marubeni Corp and China’s JinkoSolar Holding to build and operate the 1,177 […]

By Jessica Resnick-Ault and Lewis Krauskopf | NEW YORK NEW YORK The energy sector is the stock market’s dud so far in 2017 after a banner performance in 2016, and the rest of the year may also be rocky for investors due to the unclear path for crude oil prices. Energy outdid all other sectors last year, up nearly 24 percent thanks to a late-year rally on […]

By Ernest Scheyder | HOUSTON HOUSTON The biggest names in the oil world come together this week for the largest industry gathering since the end of a two-year price war that pitted Middle East exporters against the firms that drove the shale energy revolution in the United States. When OPEC in November joined with several non-OPEC producers to agree to a historic cut in output, the group […]

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Just in:
US intelligence suspects Megaspeed executive of Chinese espionage // Lancet researchers seek global health emergency recognition for climate // PSC probe closes in on chief // Lancet researchers seek global health emergency recognition for climate // Ex-Kochi police chief rejects judicial interference // Lancet researchers seek global health emergency recognition for climate // ZJLD Group Returns to Hong Kong Wine & Dine Festival 2026 // Lancet researchers seek global health emergency recognition for climate // A Better Start, Ready for the Day: Green SM Elevates the Urban Mobility Experience in the U.S. // High Court opens toddy shop jobs to women // 10 CENTS CAPITAL Completes US$20 Million Financing and Sets Out a Phased Deployment Plan // Crown Workspace wins Gold and special Trinity recognition at HR Vendors of the Year Awards 2026 // Binance estimates $6.3 billion impact from security breach // UK competition watchdog examines Meta publisher contract terms // US intelligence suspects Megaspeed executive of Chinese espionage // Lancet researchers seek global health emergency recognition for climate // New authentication research charts shift away from passwords // Sharjah Islamic Bank’s $500 million sukuk joins Nasdaq Dubai // 10 CENTS CAPITAL Completes US$20 Million Financing and Sets Out a Phased Deployment Plan // 10 CENTS CAPITAL Completes US$20 Million Financing and Sets Out a Phased Deployment Plan //