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  SHARJAH / WAM Under the theme ” Finance and investment for an Innovative Economy”, the Euromoney Emirates Conference kicked off Monday in Sharjah, with more than 350 leading thinkers and financial analysts reviewing issues of relevance to financing, financial legislation and fiscal policies. Under the patronage of His Highness Sheikh Sultan bin Mohamad bin Sultan Al Qasimi, Crown Prince ...

  Abu Dhabi / Emirates Business Emirates Classification Society ‘TASNEEF’, through its subsidiary the internationally recognized certification body ‘TASNEEF-RINA Business Assurance’, successfully handed over the ISO 9001:2015 quality management system certificate to Abu Dhabi Autonomous Systems Investments (ADASI), the region’s first one stop solution provider within the autonomous system industry. The announcement was made during a ceremony with representatives from ...

  Bloomberg China is considering plans to create three power giants through mergers of eight coal-fired and nuclear generators with combined assets of almost 5.9 trillion yuan ($855 billion), according to people with knowl-edge of the plan. The proposal, which is only one option being considered as the government of President Xi Jinping seeks to restructure the state-run power sector, ...

  Bloomberg Garena has rebranded as Sea Ltd. after Southeast Asia’s most valuable startup secured $550 million in funds to step up a battle with Chinese e-commerce giant Alibaba and other players in Indonesia. The eight-year-old startup backed by Tencent Holdings Ltd. landed a clutch of new investors in its latest funding round, including some of the region’s wealthiest families. ...

  Bloomberg How much pain can China’s leaders stomach? It’s becoming a key question for investors as the government’s clampdown on financial leverage ripples through markets. The tightening campaign has erased at least $453 billion from the value of Chinese stocks and bonds since mid-April, spurred $21 billion of canceled debt sales and compelled the People’s Bank of China to ...

  Bloomberg KKR & Co. is in talks with Toshiba Corp. about a preemptive bid for the Japanese company’s memory chips business that would accelerate completion of a sale and end negotiations with other potential acquirers, according to people familiar with the matter. Toshiba is in favor of the proposal from KKR and Innovation Network Corp. of Japan because it ...

  Bloomberg Akzo Nobel NV rejected PPG Industries Inc.’s third takeover bid in favor of its own breakup strategy, raising the prospect that the US rival will go hostile with its $29.5 billion offer for the Dutch coating and chemical company. After taking two weeks to evaluate the bid, Akzo Nobel repeated that the proposal is flawed and riddled with ...

  Bloomberg Liberty Global Plc lowered its growth target for Europe this year as billionaire John Malone’s cable carrier reported a weaker-than-expected start in the UK. Liberty now forecasts operating cash flow growth of 5 percent for 2017, down from February’s outlook of 6 percent to 7 percent, the London-based company said. The operator lost more customers than expected in ...

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Sunday visited a number of servicemen from the UAE and Sudan, at Zayed Military Hospital where they are receiving treatment for injuries sustained while participating in the Arab Coalition’s Operation Restoring Hope in ...

  Sharjah / WAM HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has urged cooperation among humanitarian organisations to relieve the suffering of women and children, provide those affected by conflicts with the basic needs until their plight is over. Sheikh Sultan’s call came during the awarding ceremony of the first winner of the ...