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Bloomberg India’s richest man is weighing an initial public offering of mobile operator Reliance Jio Infocomm Ltd., people with knowledge of the matter said, after a $31 billion investment spree that roiled the country’s wireless market. Reliance Industries Ltd., the conglomerate backed by tycoon Mukesh Ambani, is holding internal discussions about preparing to list Jio as soon as late 2018 ...

Bloomberg India’s adoption of its first nationwide identification system is helping empower the country’s women and driving increased use of banking services, according to the first study of the nationwide Aadhaar programme. Virtually all homes in the western state of Rajasthan have at least one bank account, and most have several, since the introduction of the Aadhaar programme, the Center ...

Bloomberg International Trade Secretary Liam Fox said the UK would like a trading relationship with the European Union after it leaves the bloc that’s “virtually identical” to the one it has now. A trade deal similar to the current arrangements would ensure a smooth transition period, Fox said in in Buenos Aires while attending a World Trade Organization ministerial meeting. ...

Bloomberg UK inflation unexpectedly accelerated to the fastest in more than 5 1/2 years in November, which will force Bank of England Governor Mark Carney to explain why price growth is so far above his policy target. The 3.1 percent rate was stronger than economists had forecast and the highest since March 2012. The Office for National Statistics said that ...

Bloomberg Cyrus Massoumi spent the last few years building exactly what he thought would thrive on Facebook: A series of inflammatory conservative websites, finely tuned to produce the most viral and outrageous version of the news. The social network rewarded him with an audience. Facebook Inc. now wants something different. Reacting to concerns about how fake news spread on its ...

Bloomberg Syrian President Bashar al-Assad should be allowed to run for re-election, Russia’s top envoy for Syria said, dismissing Western efforts to condition reconstruction aid on the departure of the leader. “I don’t see why he shouldn’t or wouldn’t run for another presidential term,” Alexander Lav- rentiev, appointed by the Krem- lin to steer the Syria peace process, told Bloomberg ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received at Al Bahr Palace on Monday the participants at the conference of the Forum for Promoting Peace in Muslim Societies, who were accompanied by Dr. Mohammed Matar Al Kaabi, Chairman of the General ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, said that gender balance is an important element of the national agenda and the UAE Vision 2021, emphasising that enhancing gender balance in the UAE will contribute to sustainable development and the fulfillment of the UAE’s commitments to the ...

Ajman / WAM His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, on Monday received a Saudi delegation that included businessmen and investors from Al-Qassim Region in Saudi Arabia. Also present during the meeting was HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman. The Ajman Ruler welcomed the delegation, and expressed ...

DUBAI / Emirates Business Following the announcement from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Mohammed bin Rashid Space Center (MBRSC) is now accepting entries for the UAE Astronaut Programme. At the end of 2018, four carefully selected Emirati candidates will be chosen to form the ...