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  Bloomberg U.K. unemployment rose for the first time in seven months and employers added far fewer jobs than forecast, suggesting the labor market is cooling. The number of people looking for work climbed by 21,000 to 1.7 million in the three months through February, the Office for National Statistics in London said on Wednesday. That left the jobless rate ...

  Bloomberg A plan to expand a natural gas pipeline from Russia to Germany is driving a wedge into the European Union, with some eastern members feeling their needs are being overlooked by the richer and more energy-diversified west, the bloc’s top energy official said. The €10-billion Nord Stream 2 pipeline isn’t aligned with the principles of the bloc’s laws ...

  Bloomberg Ukraine’s new finance minister said the next tranche of a delayed $17.5 billion International Monetary Fund loan could arrive as early as May. A mission from the Washington-based lender may visit within a month, said OleksandrDanylyuk, appointed April 14 after weeks of wrangling over a new government. Ukraine understands its IMF commitments and will implement a delayed increase ...

  Bloomberg Leaving the European Union would be a “risky bet” for the U.K. and the country should not “turn inward,” according to eight former U.S. Treasury secretaries going back to the era of President Richard Nixon. The intervention in a letter to the Times newspaper in London published on Wednesday came two days before U.S. President Barack Obama is ...

  Bloomberg Russia succeeded in its battle to overturn a $50 billion arbitration ruling after a Dutch court ruled that the panel of judges who issued the record-setting award to the former owners of Yukos Oil Co. had no right to review the dispute. The ruling by a court in the Hague on Wednesday was a sweeping victory for the ...

  Bloomberg Argentina’s blockbuster $16.5 billion bond sale is opening up the floodgates for junk-rated issuers in developing countries. The Latin American country’s return to global capital markets for the first time since its 2001 default brought high-yield issuance from emerging markets to $18 billion this week. That’s more than the previous 11 weeks combined, and money managers from Aviva ...

  Bloomberg Iovate Health Sciences International Inc., the Canadian maker of “MuscleTech” and “Six Star Pro Nutrition” supplements, is seeking a buyer in a deal that could value the company at as much as $1 billion, people with knowledge of the matter said. The Ontario-based vendor of weight-loss, muscle-building and nutrition products has hired an adviser to arrange the sale, ...

  Bloomberg Benchmark 10-year Treasury yields may tumble to a never-before-seen 1.25 percent as investors seek alternatives to lower interest rates around the world, according to Prudential Financial Inc. “We’re going to be low and range bound,” said Robert Tipp, the head of global bonds and foreign exchange for fixed-income division of the second-largest U.S. life insurer. “This is an ...

  REUTERS On a stretch of barren coast 550 km south of the capital Muscat, workers at a ship repair yard swarm over cargo vessels from around the world, labour that will help to determine Oman’s fate in an era of cheap oil. The yard, owned by the government’s Oman Drydock Co and operated by South Korea’s Daewoo Shipbuilding & ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan received an invitation from HRH Prince Khalid Al-Faisal, Chairman of the Arab Thought Foundation (ATF), to extend his kind patronage of and presence at the annual FIKR conference (FIKR 15) which will be held in Abu Dhabi next November under the theme Arab Integration: GCC; UAE: A ...