Abu Dhabi / Emirates Business LG’s latest appliance wants to partially replace the chef in your house and give you and your family precious time back. Family, food, culture, heritage and traditions are of central focus during the holy month of Ramadan and now with smart appliances, homemakers are able to take advantage of new technology to prepare meals that …

Bloomberg China’s smaller banks, caught between a seasonal cash squeeze and an official deleveraging drive, are stomaching record high borrowing costs to raise funds. Issuance of negotiable certificates of deposit jumped to 758 billion yuan ($111.5 billion) this week, the most since the securities were introduced in 2013 as a lifeline for smaller banks. The yield on one-month AAA rated …

Bloomberg A potential share sale of Banco Patagonia SA was delayed after majority holder Banco do Brasil SA prevented a shareholder meeting of the Argentine lender. Banco do Brasil hasn’t decided whether it will sell its 59 percent stake in Patagonia or offer new shares, according to two people familiar with the matter who asked not to be named because …