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  Bloomberg Cyprus wants investors to see it as a comeback kid. With an accelerating economy, the island nation that was forced to seek a bailout and impose a levy on bank deposits in 2013 is betting on an end to its junk rating. That should make it an attractive place for investors, the country’s leaders are saying. “What has ...

  Bloomberg The new way foreign worker visas are doled out in the US is poised to benefit some of the biggest technology companies, like Alphabet Inc., Microsoft Corp. and Facebook Inc., while punishing outsourcing firms that developed a disproportionate dependence on the program. The administration is increasing scrutiny on H-1B visa applications for low-level computer programmers, focusing enforcement on ...

  Bloomberg Uncertainty about President Donald Trump’s domestic policies and weak European currencies buoyed outbound dealmaking by US companies during the first quarter of the year. US acquirers spent more than $70 billion on European targets in the three months to March 31, more than double the amount they dropped in the same period a year earlier and the most ...

  Tokyo / WAM Strategic, value-added partnerships are the key to ADNOC’s growth plans, as the company seeks to ambitiously expand its business by opening new markets and offering new, diversified and high-value products, according to Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Abu Dhabi National Oil Company (ADNOC) Group CEO. Speaking at Gastech, the world’s leading gas ...

  Abu Dhabi / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, received a number of senior government figures and heads of regional and international organisations from Asian, European and African countries participating in the 7th Annual Investment Forum (AIM 2017) at the Dubai World Trade Centre. The meetings focused on enhancing economic and trade cooperation and reviewing major investment ...

  Abu Dhabi / Emirates Business Abu Dhabi National Hotels Company (ADNH) pledged AED3 million in support for Sandooq Al Watan’s activities, in a meeting held at ADNH’s Abu Dhabi headquarters. Working, first and foremost, to implement a holistic and sustainable development plan in the Emirates, Sandooq Al Watan reflects the UAE private sector’s commitment to social responsibility, and highlights ...

  Bloomberg Ford Fusion: down 37 percent. Chevrolet Malibu: down 36 percent. Toyota Prius: down 29 percent. As those grim numbers suggest, the US auto industry was blindsided last month by just how fast sedans have fallen out of favor with Americans now embracing roomier sport utility vehicles. Family-friendly crossovers may be more profitable, but the quick shift is causing ...

  Bloomberg Switzerland’s financial regulator said it’s still probing UBS Group AG and three other private banks in relation to alleged corruption and money laundering at the Malaysian government fund known as 1MDB. “There are still a handful of cases related to 1MDB that have not been concluded,” Mark Branson, chief executive officer of the regulator Finma, told reporters in ...

  Bloomberg SNC-Lavalin Group Inc. is holding talks to buy WS Atkins Plc of the UK for 2.08 billion pounds ($2.6 billion) as Canada’s biggest engineering and construction company looks to expand its global reach with a record acquisition. The Montreal-based builder made a tentative offer of 2,080 pence a share, “a level that the board would be prepared to ...

  Bloomberg The world will have a better idea by the end of this week, but probably no definitive answer, on whether the US economy’s boom in “soft” data is being reflected in the “hard” stuff. This week’s economic data include trade figures and factory orders, culminating in a payrolls report forecast to show 175,000 jobs added by US employers ...