Dubai / Emirates Business UAE-based Transguard Group on Monday released its annual figures for the financial year ending March 31, which was another record year for the business support services provider, with a set of exceptional financial figures and operational milestones. According to the figures audited by PricewaterhouseCoopers, Transguard Group, generated revenue in excess of AED1.9 billion a 33% increase …

Bloomberg China’s Yanzhou Coal Mining Co. is holding fire on a counter offer for Rio Tinto Group’s Australian coal assets as it waits to hear whether Glencore Plc has succeeded in trumping the deal it struck six months ago. Glencore Chief Executive Officer Ivan Glasenberg has submitted a proposal to buy Rio’s Coal & Allied unit in New South Wales …

Bloomberg China and Singapore pledged to cooperate on trade and regional infrastructure projects, in a sign the countries have begun to repair ties strained amid security disputes in Southeast Asia. Chinese Foreign Minister Wang Yi and Singaporean counterpart Vivian Balakrishnan said on Monday in a briefing in Beijing they reached agreement to work more closely on China’s “Belt and Road” …