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  Bloomberg Wall Street is pushing back against the Federal Reserve’s tougher tone on raising interest rates, as strategists see the bond market warning of potential consequences. Treasuries staged their biggest weekly decline since November after minutes from the Fed’s April meeting rekindled wagers that policy makers will raise rates as soon as next month. The dollar soared and bond-market ...

  AJMAN / WAM HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, attended the graduation ceremony of the first batch of City University College of Ajman (CUCA). Some 235 students from various colleges were honoured. The honouring ceremony was attended by HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, Sheikh Rashid bin ...

  Abu Dhabi / WAM Under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, attended the Zayed University 2016 graduation ceremony at the Abu Dhabi National Exhibition Center (ADNEC). Present were Sheikha Lubna bint Khalid Al Qasimi, ...

  CAIRO/ AFP An EgyptAir flight from Paris to Cairo crashed into the Mediterranean on Thursday with 66 people on board prompting an investigation into whether it was mechanical failure or a bomb. There were no immediate reports of the discovery of any debris in the area of sea between the Greek islands and the Egyptian coast where the plane ...

  Brussels / AFP NATO foreign ministers met on Thursday to finalise the alliance’s biggest military build-up since the end of the Cold War to counter what they see as a more aggressive and unpredictable Russia. At a Warsaw summit in July, NATO leaders will sign-off on the revamp which puts more troops into east European member states as part ...

  Dubai / Emirates Business Veritas Technologies — the leader in information management — has released new research findings that illuminate the most effective information governance practices that empower organisations to extract as much value as possible out of their information while reducing related risks and costs. The study found that 94% of organisations have a formal information governance programme ...

  Ritika Sharma / Emirates Business If you ask fellow Indians — who form majority of UAE’s total expat numbers — about their investment plans, it is more likely that you will get only one answer — property. Real estate investment back home has emerged as the foremost preference among Indian diaspora as the number of NRI-owned (non-resident Indian) properties ...

  Tokyo / Bloomberg Environmental groups urged the Japanese government to use the Group of Seven summit meeting to be held from Friday in western Japan as a platform to announce a shift away from fossil-fuel financing. The groups, including 350.org Japan and Friends of the Earth Japan, staged rallies outside government offices in Tokyo on Thursday ahead of submitting ...

  Shanghai / Bloomberg China National Chemical Corp. extended its tender offer for Syngenta AG shares by more than a month as it waits for regulatory approval for its planned $43 billion takeover of the Swiss seed and pesticide maker. State-owned ChemChina offered in February to buy Basel, Switzerland-based Syngenta for $465 a share in cash plus a special dividend ...

  Bloomberg Euro-area officials are weighing a proposal to purchase loans that member states made to Greece in a move that would ease the nation’s debt burden, a precondition for the International Monetary Fund’s involvement in a bailout program. Senior finance ministry officials from the currency bloc held a conference call on Wednesday evening to discuss ways to make Greece’s ...