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  Bloomberg Bayer AG is close to choosing banks to arrange funds for its proposed acquisition of Monsanto Co., according to people familiar with the matter, after the U.S. company rejected the initial $62 billion bid as too low and sought reassurances on the potential financing. Bayer will probably raise more than $40 billion in short-term bridge financing and most ...

  Bloomberg The risk of a British exit from the European Union has the government in Denmark, an EU member that hasn’t adopted the euro, preparing for the worst. While most polls suggest U.K. voters probably won’t back a so-called Brexit, the June 23 referendum on whether to stay or go still threatens to cause disruption on a scale that ...

  ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, stressed that the strong and active presence of the UAE’s diplomacy in the regional and international arenas in terms of hosting numerous international agencies and conferences, as well as its active participation in international efforts to fight terrorism and ...

  Pristina / WAM UAE, represented by the Ministry of Finance (MoF), signed two final agreements on avoidance of double taxation on income and the protection and promotion of investment with the Republic of Kosovo. The signing ceremony took place in the capital Pristina during an official visit of the UAE delegation headed by Younis Haji Al Khoori, Under-Secretary of MoF ...

  WASHINGTON / AP It started with Mexicans being publicly accused by presidential candidate Donald Trump of being criminals and rapists. It escalated to ejections, to sucker punches, to pepper spray. And now violence and strife seems to be a commonplace occurrence out on the campaign trail. As the 2016 presidential campaign turns toward the rapidly diversifying West, it has ...

  BEIRUT / AP IS militants entered a Syrian opposition stronghold in the country’s north on Saturday, clashing with rebels on the edges of the town as the extremist group built on its most significant advance near the Turkish border in two years, Syrian opposition groups and IS media said. More than 160,000 civilians are trapped in the fighting, which ...

  Sharjah / WAM Promoting Sharjah’s array of investment opportunities to Germany’s business community was the basis of a recent visit to Berlin which was successfully concluded by the Sharjah Investment and Development Authority (Shurooq) on Friday. During their visit, Shurooq was at the German capital as it organised the Sharjah-Berlin Seminar, while on the second day, it participated at the ...

  ALKESH SHARMA / Emirates Business The GCC nations are witnessing one of the fastest monetary growth and infrastructure developments in the entire MENA region. However, this sky-rocketing progress also calls for special attention as it has resulted into increased concerns in the cyber domain. According to a recent report of Frost & Sullivan, the GCC’s network security spend is ...

  Ritika Sharma / Emirates Business The UAE is fast cementing its position as a luxury destination, where tourists are willing to spend more on their holidays. Experts have been talking about exponential growth in luxury tourism in the country, and researches based on travellers’ booking and behaviour confirm the same. A recent research by a travel data platform states ...

  Tokyo / Bloomberg Japan Prime Minister Shinzo Abe plans to propose a fiscal stimulus package of as much as 10 trillion yen ($90.7 billion) after warning Group of Seven leaders that the global economy faces significant risk of another crisis, according to the Nikkei newspaper. Abe will seek a second supplementary budget worth 5 trillion yen to 10 trillion ...