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Bloomberg First it was the collapsing oil price. Now it’s Britain’s quest to leave the European Union. There’s little respite for the country’s worst-performing property market. Home prices in Aberdeen, Britain’s oil hub on Scotland’s northeast coast, have fallen more than 10 percent over the past three years as the North Sea energy industry slumped. Now it’s the political backdrop ...

Bloomberg Argentina’s IPO market hasn’t had quite the jolt some investors were expecting. A year and a half after President Mauricio Macri took office, new share sales are slow to take off. Just one company has completed an international initial public offering. The delay comes as private companies wait for their valuations to rise, while taking advantage of their low ...

Bloomberg AT&T Inc. is planning major organizational changes to follow the $85.4 billion acquisition of Time Warner Inc., including a redefined role for Chief Executive Officer Randall Stephenson, as the telecommunications giant morphs into a media company. Stephenson will oversee a pair of CEOs who will independently manage the company’s telecommunications and media businesses, according to people familiar with the ...

DUBAI / WAM The Ministry of Finance (MoF) and the Federal Authority for Government Human Resources have launched the first phase of the ‘e-link’ project between the Financial Planning System, the electronic federal budget, “Hyperion”, and the Human Resources Information Management System in the Federal Government, “Bayanati”. The project has been launched to enhance financial planning and cash forecasts, support ...

DUBAI / WAM A delegation from the Roads and Transport Authority (RTA) headed by Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of RTA, visited France to check on the progress of work in the manufacturing of 50 new trains for the Dubai Metro. These trains will be supplied by the French Alstom Company as part ...

DUBAI / WAM Dubai is calling on the world’s most innovative companies to help find solutions to key strategic challenges as registration opens for the third cycle of Dubai Future Accelerators, the world’s fastest growing business accelerators programme, which is run by Dubai Future Foundation. The third cycle, to be held over nine weeks starting in October this year, will ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has announced that a high-level delegation is preparing for a visit to the Republic of Costa Rica, to enhance bilateral economic relations and serve mutual interest to achieve more growth and prosperity between the two countries. The delegation will include officials from a number of government agencies, representatives of ...

Abu Dhabi / Emirates Business Abu Dhabi University’s (ADU) Career Development Department has begun preparations to implement a comprehensive plan of events, activities and initiatives that enhance career opportunities for graduates, and provide them, even before graduating, with support and guidance they need to succeed on career paths. The plan will include interactive training programs and specialized workshops aimed at ...

Bloomberg The meeting that Donald Trump Jr. had in June 2016 with a woman billed as a Russian government lawyer included at least one other person with long-standing ties to Russia. Rinat Akhmetshin, who once served in a Soviet counterintelligence unit, told the Associated Press that he was also there, along with a translator. The revelation adds to the questions ...

Bloomberg A Chinese consortium agreed to pay S$16 billion ($11.6 billion) for Global Logistic Properties Ltd., the warehouse operator backed by Singapore’s sovereign wealth fund, in Asia’s biggest buyout. GLP accepted the takeover offer from a management-backed group that includes private equity firms Hillhouse Capital Management and Hopu Investment Management. The group, which also includes founder Ming Mei’s SMG, Bank ...