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Bloomberg Poland plans to overhaul its pension system in a way that ends uncertainty over the future of assets managed by privately-held pension funds and helps the government avoid widening the budget deficit. Polish stocks fell and government bonds rose. The government proposed transferring all of the 162 billion zloty ($43 billion) of assets in the privately-managed part of the ...

Bloomberg Investors scouting for the best way to trade the Brexit delay should just look across the UK border — at Ireland’s bonds. The securities are seen as offering the right mix of safety and returns as the deferral of Britain’s exit from the European Union dispels anxiety over the most contentious Brexit issue — that of the Irish border. ...

Dubai / Emirates Business Global Village, the world’s leading multicultural Festival Park and the region’s first family destination for culture, shopping, and entertainment, closed the gates on its biggest ever season on April 13. Season 23 welcomed a record-breaking number of more than seven million guests over 166 days of operation, a jump of more than 16 percent over the ...

Abu Dhabi / Emirates Business Abu Dhabi National Exhibition Centre (Adnec) is hosting several major local and international events throughout the month of April, including three key events this week. Set to welcome tens of thousands of visitors from the UAE and abroad under one roof, notable among these events are the EmiratesSkills National Competition, Cityscape Abu Dhabi 2019, Morocco ...

Dubai / WAM The UAE- Italy non-oil trade exchange amounted to $7.8 billion in 2017 and exceeded $5.7 bn during the first nine months of 2018, according to Sultan bin Saeed Al Mansouri, Minister of Economy. The minister said this while delivering the inaugural remarks of the Italy-UAE Business Forum which opened on Monday in Dubai in the presence of ...

Cairo / WAM Workplace relationship in the UAE is based on tolerance, dialogue, accepting the other, respect for diversity, combating discrimination and guarantee of rights, affirmed Nasser bin Thani Al Hamli, UAE Minister of Human Resources and Emiratisation, at the 46th Arab Conference in Egyptian capital, Cairo, on Monday. “In the Year of Tolerance 2019, the UAE is embedding the ...

Bloomberg Foxconn Technology Group Chairman Terry Gou said the iPhone will go into mass production in India this year, a shift for the largest assembler of Apple Inc’s handsets that has long concentrated production in China. Gou said that Prime Minister Narendra Modi has invited him to India as his Taiwanese company plans its expansion in the country. Apple has ...

Bloomberg Huawei Technologies Co’s ability to make inroads into Europe’s future telecom infrastructure may be more about regulatory hurdles than outright bans. The US has been engaged in a vocal campaign to keep Chinese tech companies out of advanced 5G networks that promise faster connections, enabling uses such as autonomous vehicles and remote surgery. US President Donald Trump’s administration has ...

Bloomberg Just months after being freed from US sanctions, Russia’s largest aluminum maker plans to invest in a new aluminum rolling mill in Kentucky. United Co Rusal, controlled by billionaire Oleg Deripaska until the US Treasury forced him to reduce his stake earlier this year, intends to invest up to $200 million in the plant being built by closely held ...

Bloomberg The European Union has taken a closer look at how Google uses operations in Ireland to help reduce its corporate tax obligations within the trade bloc, two people familiar with the matter said. Officials from the European Commission, the EU’s executive arm, held in-depth talks with Irish authorities late last year about whether the Internet-search unit of Alphabet Inc. ...