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  Bloomberg Taxes are anything but certain for Indian Prime Minister Narendra Modi. Faced with a slump in demand after his shock clampdown on cash, he’s expected to lower taxes in the February 1 budget to spur consumption. The risk is that a cut will rob Modi of a short-term revenue spurt, which his administration had been touting as proof ...

  Bloomberg China has defied the skeptics once more, weathering stock market wobbles and a weakening currency and shaking off a deflationary scare to post 2016 growth that’s almost certain to land smack in the middle of the government’s target range. The stabilization has come at a cost as cheap credit fueled property bubbles in major cities, spurring policy makers ...

  Bloomberg It was the battery, after all. In a presentation and news conference on Monday that lasted more than two hours, Samsung Electronics Co. detailed the results of its investigation into Note 7 smartphones that overheated and burst into flames last year. There were few surprises. While the company cited flaws in battery manufacturing and design for the fiasco, ...

  Bloomberg Consumer prices in Singapore rose in December for the first time in more than two years, adding to signs of recovery in the city-state’s economy. CPI rose 0.2 percent from a year earlier, compared with unchanged prices in November. The median estimate of 16 economists in a Bloomberg survey was for a 0.1 percent gain Prices increased 0.2 ...

  Bloomberg The UK government will pick winning areas in the economy to champion as part of an industrial strategy aimed at boosting Britain’s productivity as the country prepares to leave the European Union. Announcing the long-promised plan on Monday, Prime Minister Theresa May said she wanted to see “sector deals” to identify and address barriers to expansion in different ...

  Bloomberg Microsoft Corp.’s effort to halt the FBI’s so-called sneak-and-peak searches of e-mails may ride on whether it’s allowed to defend its customers’ constitutional rights. The judge who will decide whether the case can go ahead told the company’s lawyers to be ready in court on Monday to address earlier rulings that undercut their arguments. At stake is half ...

  Sharjah / WAM Proper education is a shield against destructive ideas and misguided groups, His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, said. A solid family background contributes effectively to the nation-building, he added. The Sharjah Ruler expressed his views during a television talk show hosted on Sunday noon by Sharjah Satellite ...

  Dubai / WAM New judges and a new UAE ambassador have sworn-in before Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, at al Mushrif Palace in Abu Dhabi. Present at the swearing-in ceremony, which was held on Sunday, were HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown ...

  Sharjah / Emirates Business With the UAE topping the Middle East and North Africa market for Italian products, Sharjah is looking at taking full advantage of the growing trade and business relations with the UAE and Italy. A Sharjah team led by Saif Mohammed Al Midfa, CEO, Expo Centre Sharjah, is in Italy to boost trade ties with Bergamo, ...

  Bloomberg Thailand is nursing a slide in Chinese holidaymakers after cracking down on low-budget tours from the world’s most-populous country, muddying the Southeast Asian nation’s economic growth outlook. Arrivals fell 16 percent in December from a year ago, extending a slide that began after Thailand in September clamped down on operators bringing in large groups from China on cut-price ...