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Bloomberg Canadian regulators extended by three months Petroliam Nasional Bhd.’s application to build a liquefied natural gas terminal on the nation’s Pacific coast so the Malaysian company can provide more information about the project’s environmental impacts. The Canadian Environmental Assessment Agency announced the extension in a filing after Pacific NorthWest LNG, as the project is known, detailed changes to its ...

Bloomberg Chile’s economy grew less that expected in the fourth quarter, expanding at the second-slowest pace in six years, as two years of weak growth was exacerbated by a renewed decline in manufacturing. Gross domestic product grew 1.3 percent from a year earlier, the central bank said on its website. From the previous quarter, GDP expanded 0.1 percent. Increased fiscal ...

Bloomberg Argentina’s peso is the world’s most volatile currency, and that’s fine with the central bank. Big swings are usually not something policy makers want. Officials around the world have procedures in place to ward off the rapid ups and downs that make it difficult for businesses to plan and leave savers nervous about staying in the national currency. But ...

ALKESH SHARMA / EMIRATES BUSINESS Home to over 8.5 million people, the United Arab Emirates, has always led from the forefront when it comes to responding to the region’s call for water security. Geographically placed at a location that is struggling with depleting water table and scarcity of fresh water, UAE has adopted a formidable stance by starting many pioneering ...

Emirates Business Dar Al Ber Society has spent AED 133,668,828 on 62,294 diverse water aid and irrigation projects around the world since 2004, as was always urged by the late Sheikh Zayed bin Sultan Al Nahyan, the founder of the UAE. The leading projects, in line with the generosity and exemplary vision of the UAE’s prudent leadership, have helped provide ...

Emirates Business The Ministry of Climate Change and Environment joins the global celebration of World Water Day, which is being held under the slogan, ‘Water and Jobs.’ This worldwide celebration aims to showcase the ability of the water sector to provide job opportunities, thereby helping out in the move to eradicate global poverty while also enhancing work environment conditions and ...

Beijing / AP China’s top planner tried to reassure foreign companies they are welcome in its slowing, state-dominated economy in a speech on Sunday aimed at dispelling growing anxiety Beijing is squeezing them out of promising industries. Speaking to an audience that included executives of top global companies at a government-organized conference, Xu Shaoshi pledged to “promote two-way opening up ...

Astana / Bloomberg Kazakhs are going to the polls in early parliamentary elections called after President Nursultan Nazarbayev warned of a “real crisis” facing the Central Asian nation because of the slump in oil prices. Six parties are competing for 98 elected seats in the 107-member parliament, which also has nine appointed delegates. Voting on Sunday begins at 7 a.m. ...

New Delhi / Bloomberg Jewellers in India, the world’s second-biggest gold consumer, ended a strike to protest against a new tax announced in the budget after the government assured them the charges won’t lead to harassment by authorities. The strike, which started on March 2, ended after the government agreed not to “trouble the industry” over the excise levy, Ketan ...

Manila / AFP When mystery hackers launched a stunning raid on Bangladesh’s foreign reserves, a plot worthy of a John le Carre spy novel was sparked in the Philippines, exposing the Southeast Asian nation as a dirty money haven. The $81 million stolen from the Bangladesh central bank’s American accounts last month was immediately sent via electronic transfer to the ...