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  Emirates Business Her Highness Dr Sheikha Shamma bint Mohammed Al Nahyan made a special visit to Etihad’s Global Business Service Solutions (GBSS) facility in Al Ain. Tuesday’s visit was part of Etihad Aviation Group’s (EAG) activities to mark International Women’s Day, recognised internationally on March 8 each year to celebrate the achievements of women. This year’s theme is ‘Be ...

  Bloomberg Yingde Gases Group Co. Chairman Zhao Xiangti’s agreement to sell his stake to a private equity firm undermined the chance of a better deal from other potential buyers, according to an expelled founder fighting to regain management control. The allegation against Zhao is among the latest in the war of words between the three estranged founders of the ...

  Bloomberg Russia has exited recession, with a little help from the boys in uniform, a major statistical revision – and the global oil price. And not just any recession, but its longest in two decades. So what happened? Is the economy really out of the woods? Actually, the contraction ended a few quarters earlier than previously estimated, according to ...

  AP Comcast NBCUniversal is paying $2.3 billion to buy out its partners to take full ownership of Universal Studios Japan. The company said Tuesday that it had agreed to purchase the 49 percent stake in the theme park from its partners, including Goldman Sachs, a US hedge fund and an Asian private equity firm. Comcast NBCUniversal says the purchase ...

  Bloomberg Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman has a daunting to-do list as the real work begins on his plan to transform the world’s biggest oil exporter into an economy no longer reliant on crude. “2017 is a reality check,” said John Sfakianakis, director of economic research at the Gulf Research Center. “We’re done with the announcements. ...

  Bloomberg Shapir Engineering and Industry Ltd., which develops residential, commercial and industrial construction projects in Israel, is considering expanding its operations into offshore energy exploration. The Petach Tikvah, Israel-based company is mulling a bid to drill for oil and gas in the 24 new blocks opened for exploration in the country’s economic waters, a company spokeswoman told Bloomberg. Israeli ...

  Bloomberg Asian countries should pursue a Pacific trade pact even after the US walked away, and its standards should be incorporated into other regional deals, according to a report authored by half a dozen former trade envoys. Donald Trump withdrew from the 12-nation Trans-Pacific Partnership in one of his first acts as US president, throwing an agreement that covered ...

  Bloomberg India’s sugar production may be lower than previously forecast as mills in the main growing areas of Maharashtra and Karnataka closed earlier than usual after dry weather cut cane output. Production may total 20.3 million metric tons in year that began Oct. 1, compared with 21.3 million tons estimated in January and 23.4 million tons predicted in September, ...

  Bloomberg Russia’s No. 1 zinc miner and No. 2 copper producer plans a far-reaching expansion of its diversified minerals output, billionaire co-owner and Chief Executive Officer Andrey Kozitsyn said in an interview. Ural Mining & Metallurgical Co., which sells half the copper it mines for export under long-term deals with traders including Glencore Plc and Trafigura Group, aims to ...

  Bloomberg Chinese financial-technology investments this year may exceed 2016’s record $10 billion as companies continue to raise funds for expansion and big banks grow their digital services, according to Accenture Plc. The country’s financial-services giants will probably ramp up investments in areas including artificial intelligence, blockchain, so-called big data and cyber-security to improve their product offerings, Albert Chan, managing ...