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Bloomberg Gazprom PJSC, the world’s largest natural-gas producer, is tapping the Swiss capital markets with the first foreign benchmark bond sale from Russia this year. The state-run gas monopoly is offering 500 million Swiss francs ($505 million) of notes due Nov. 30, 2018 with a coupon of 3.375 percent, according to a person familiar with the deal who asked not ...

Bloomberg Deutsche Boerse AG succeeded in its third attempt to acquire London Stock Exchange Group Plc. The deal would create a titan of European trading as long as regulators give it their blessing and rival suitors don’t scupper the agreement. While the companies declared it a merger of equals, Deutsche Boerse stockholders will get 54.4 percent of the enlarged group ...

Brussels / AFP European leaders launch a charm offensive to win backing for a migrant deal with Turkey on Wednesday, seeking to heal rifts between member states on the eve of a key summit with Ankara. EU president Donald Tusk warned that hard work lay ahead to finalise the deal, after Cyprus threatened to derail it over long-standing disagreements with ...

Ankara / AFP Sunday’s suicide car bombing in Ankara has raised fears of an escalation in Turkey’s long-running Kurdish conflict, as the country grapples with the IS threat while relying on a security system weakened by a political crackdown, analysts say. No-one has claimed responsibility for the blast which killed 35 people in the heart of the Turkish capital, but ...

Tokyo / Bloomberg Japan’s major companies are giving lower wage increases next fiscal year as Prime Minister Shinzo Abe’s efforts to boost the economy falter. Toyota Motor Corp. agreed to increase monthly base salaries 1,500 yen ($13) in the year beginning April, according to a statement from the company on Wednesday. That compares with a 4,000 yen hike this fiscal ...

Bloomberg Singapore developers sold the lowest number of new homes in 14 months, as mortgage curbs cooled demand in Asia’s second-most expensive housing market. Developers sold 301 units in February, down 7 percent from the revised 323 units in January, according to data released Tuesday by the Urban Redevelopment Authority. While annual sales rose just under 2 percent to 7,440 ...

Geneva / Emirates Business Global air freight markets in January has shown a good rise in freight tonne kilometers (FTK) of 2.7 percent compared to January 2015. This continues the improving trend witnessed toward the end of 2015, and is the fastest pace since April of last year, said the International Air Transport Association (IATA) in its recently released data. ...

Kalba / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, emphasised the pride of the UAE’s wise leadership by Emirati women who translate their deep-rooted values and loyalty to the precious homeland. Sheikh Mohamed said, “Every time our Emirati mothers provide a role model and ...

DUBAI / WAM Under patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, on Tuesday opened the Seventh International Exhibition for National Security and Resilience (ISNR Abu Dhabi 2016). The event, organised by the Ministry of ...

Bloomberg The Obama administration is reversing course on opening Atlantic waters to a new generation of oil and gas drilling, after a revolt by environmentalists and coastal communities that said the activity threatened marine life, fishing and tourism along the U.S. East Coast. The proposed offshore leasing program eliminates the administration’s initial plan to auction off drilling rights in as ...