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Bloomberg A leafy city of 275,000 in Frankfurt’s commuter belt is opening a new front in the German car industry’s battle against pollution. An administrative court in Wiesbaden, known for a historic hot spring and a giant U.S. military base, ordered the regional government to clean up diesel exhaust fumes by September or face a fine. The ruling last month ...

Bloomberg Romania’s first bout of deflation in more than 25 years worsened in January after a new round of tax cuts came into force, but the decline in prices was less than expected. Prices fell 2.1 percent from a year earlier after a 0.9 percent decline in December, the National Statistics Institute said on Monday in an e-mailed statement. The ...

ATHENS / AP Angry Greek farmers clashed with riot police in Athens then paraded their tractors and pick-ups outside parliament on Friday, in their first big protest in the capital against pension reform plans after weeks of road blockades. Officers guarded the entrance to the agricultural ministry and fired tear gas to disperse protesters who hurled tomatoes, eggplants and stones ...

Tokyo Tokyo stocks soared on Monday as a weaker yen and bargain-hunting drove a rebound from last week’s hammering on global equity markets. The benchmark Nikkei 225 index at the Tokyo Stock Exchange jumped 7.16 percent, or 1,069.97 points, to 16,022.58, clawing back from a loss of more than 11 percent last week. The broader Topix index of all first-section ...

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.48% to close at 4123.51 points. Accordingly the Market Capitalization has gained AED3.18 Billion attaining AED668.89 Billion. A total of 0.53 Billion Shares were traded with a total value of AED495.74 Million during the trading session of 15-02-2016 through 6280 transactions. The number of companies which has been traded ...

Abu Dhabi / Emirates Business Aldar Properties PJSC (“the Company”), Abu Dhabi’s leading listed property development, investment and management company, on Monday announced net profit of AED 2.6 billion for the financial year ended 31 December 2015, up 13% from AED 2.3 billion in 2014. Net profit for the fourth quarter rose 4% to AED 750 million, from AED 718 ...

Bloomberg In the latest sign that Hong Kong’s property correction is deepening, a parcel of land sold by the government in the New Territories went for nearly 70 percent less per square foot than a similar transaction in September. The 405,756 square foot site in Tai Po sold for HK$2.13 billion ($274 million) or HK$1,904 per square foot, in a ...

Abu Dhabi / Emirates Business Manazel Real Estate PJSC (”Manazel”), a leading UAE developer, on Monday announced its results for the twelve months ended 31 December 2015, the first full year results since listing on the Abu Dhabi Securities Exchange in November 2014. Strong growth in earnings reflects a robust performance for the year. Net profit grew 29% to AED ...

Bloomberg Asking prices for London homes reached another record this month as the winter lull in the market came to an end. The 5.4 percent monthly surge puts the average price at 643,843 pounds ($932,000), property website operator Rightmove said. Inner London surged almost 8 percent to 848,000 pounds. Nationally, prices rose 2.9 percent in February from January. The report ...

Abu Dhabi / WAM As part of its participation in the Fusture Landscape and Public Realm Conference held on Yas Island in February, Abu Dhabi City Municipality, (ADM), reviewed many initiatives in providing services for public realm projects, lighting standards and sustainability in public realms. It also presented other working papers highlighting the role played by the municipality in landscaping ...