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Bloomberg Tata Group is considering an initial public offering of Jaguar Land Rover, the luxury-car maker the Indian conglomerate bought in 2008 for $2.4 billion, people with knowledge of the matter said. Senior Tata Group officials have held preliminary internal discussions over the past few months about the potential listing of Jaguar Land Rover on an international stock exchange, according ...

Bloomberg Analysts love them, investors loathe them. Three out of the seven Indonesian stocks which have unanimous buy recommendations from analysts are residential developers and all of them have fallen by at least 16 percent this year. Predictions that lower interest rates in Indonesia and last month’s decision by Standard & Poor’s to raise its sovereign rating to investment grade ...

Bloomberg Economic reform has slowed the flow of cars, electronics and furniture into India and the roll out of a national sales tax may temper import growth for the rest of this year, according to Maersk Line, the South Asian unit of the world’s largest container shipping company. Imports are more sensitive than exports to the goods and services tax, ...

Bloomberg European Union Trade Commissioner Cecilia Malmstrom said she’s “extremely worried” about a U.S. threat to curb steel imports for national-security reasons, saying the step could trigger protectionist reactions around the world. “That is opening a Pandora’s box,” Malmstrom said in an interview with Bloomberg News in her Brussels office. “Many other countries would maybe also refer to security and, ...

Bloomberg Investors are extending the maturity of Greek bond holdings as they become more sanguine about the nation’s prospects after creditors agreed a bailout deal. The latest agreement by euro-zone finance ministers ended months of speculation over whether Greece would meet large bond payments due in July and spurred a rally in the country’s debt. PGIM Fixed Income and Greylock ...

SHARJAH / WAM H.H. Sheikha Jawaher bint Mohammed Al Qasimi, wife of H.H. the Ruler of Sharjah, UNHCR Eminent Advocate for Refugee Children and Chairperson of the Big Heart Foundation (TBHF), has strongly urged world leaders to escalate all relief efforts to control the unprecedented global refugee crisis, restoring peace and stability in countries and regions affected by war and ...

Abu Dhabi / WAM Emirates National Oil Company (ENOC) will start implementing the global star-rating system across its service centres to further improve customer’s satisfaction. The move comes after signing an agreement with the Global Start-Rating Progamme, which seeks to upgrade ENOC’s services to a seven-star rating. It will see the two parties exchange knowledge and expertise, and work together ...

Dubai / WAM Dubai Municipality has launched the largest geological project in the Middle East, the Soil Map Project, to produce and extract interactive soil maps using soil survey data and to save all interactive soil maps in a centralised and unified database, said Hussain Nasser Lootah, Director-General of Dubai Municipality. He said that the project will contribute to the ...

Dubai / Emirates Business To strengthen links of cooperation between educational institutions in the UAE and centre’s specialized in advanced technology, science and space, The Mohammed Bin Rashid Space Centre (MBRSC) has signed a Memorandum of Understanding with University of Dubai (UD). The MoU aims to develop and qualify national human resources capable of working in space science technology sector, ...

Bloomberg Hong Kong Exchanges & Clearing Ltd. is sending a message to startup companies the world over: We want your business. The bourse operator proposed the creation of a new exchange that would allow firms to list before they’ve made a profit and permit dual-class shares, an issue that caused Hong Kong to miss out on Alibaba Group Holding Ltd.’s ...