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  Bloomberg Few people are more eager for Donald Trump’s arrival in the White House than those who do business in Russia. Hacking scandals? They expect that to blow over. Conflict in Ukraine? An artificial problem invented by Barack Obama, they argue. Russian magnates and American investors alike are anticipating a Trump administration that removes punishing sanctions, frees up access ...

  Bloomberg California sent a warning shot in a potential showdown with the incoming Trump administration, with the state’s clean-air regulators digging in on mandates for an ever-greater number of electric and fuel-cell cars. The staff of California’s Air Resources Board called national efforts to promote electrification “very modest” after 2025 as it released a more than 660-page report on ...

  Bloomberg As cash continues to flood out of China, expectations are growing that the authorities will erect higher barriers. With the nation’s capital outflows last year estimated at $728 billion by Standard Chartered Plc, and the yuan predicted to continue declining against the dollar in 2017, analysts have been casting forward to what the authorities may do next to ...

  Bloomberg Singapore’s three-year decline in home prices could see relief from an unexpected quarter in 2017: Hong Kong. So says Cushman & Wakefield Inc., which expects the slide in the city-state’s home prices to end this year as foreign investors turned off by Hong Kong’s move to increase the stamp duty for overseas buyers look to Singapore instead. Desmond ...

  Dubai / Emirates Business According to the latest report issued by Dubai Land Department (DLD), Dubai’s real estate market experienced a strong start to the year, generating transactions worth up to AED 12 billion during the first 15 days of January 2017. His Excellency Sultan Butti Bin Mejren, Director General of DLD said, “The growth achieved in the fourth ...

  Ras Al Khaimah / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, paid his respects on the nation’s martyrs Ahmed Abdul Rahman Al Tunaiji and Ahmed Rashid Al Mazrouei. The two martyrs, along with other compatriots, were on a humanitarian mission when they were killed ...

  Dubai / Emirates Business Eng. Sultan bin Saeed Al Mansouri, UAE Minister of Economy (MoE), affirmed that the economic relations between the UAE and New Zealand continue to grow and are expected to develop further as the two countries aspire to strengthen cooperation in a number of economic sectors of common interest and prioritized within their respective development plans. ...

  Abu Dhabi / Emirates Business The Abu Dhabi Urban Planning Council (UPC) will be transferring ownership of Estidama Villa Products Database (EVPD) to Abu Dhabi Quality and Conformity Council (QCC). This transition has been decided by Abu Dhabi Government in order to utilize QCC capabilities to enhance product quality and to build upon the successful implementation of the Estidama ...

  Bloomberg Australia’s overheated property market has spurred one of the nation’s top-performing fixed income money managers to cut some of its real estate debt investments to the lowest level since the 2007 financial crisis. Vivek Prabhu, the Sydney-based head of fixed income at Perpetual Ltd., is making the move as he braces for potential blow-ups in the nation’s A$7.6 ...

  Bloomberg President-elect Donald Trump’s pick to lead the US Food and Drug Administration should have a medical background, and the agency should continue evaluating new medications’ effectiveness, drugmaker executives said in comments indicating opposition to two candidates for the regulator’s top post. Trump’s FDA chief should be a doctor or physician-scientist with experience in clinical care and medical research, ...