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‘UAE’s model of tolerance is a unique, influential soft power’

The UAE is continuing to promote its inspiring model of tolerance, coexistence and openness to others, after leading globally through its unprecedented initiative launched this year that made it the “Capital of Tolerance.” The UAE has proven the importance of the key role of its soft power in reinforcing human fraternity principles and encouraging moderate speech discourse, through supporting all ...

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Speed of euro’s revival may surprise forecasters in 2020

Bloomberg The euro may take pundits by surprise next year by climbing faster than expected. The common currency is seen rising to $1.12 by March before a steady ascent to $1.16 by the end of 2020, up from around $1.1065 now, according to a Bloomberg survey. Yet some analysts could be underestimating the prospects for fiscal stimulus, a growing chorus ...

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Yes Bank to reject $1.2b bid by Canadian tycoon

Bloomberg Yes Bank Ltd is likely to reject an offer that made up more than half of its planned $2 billion capital raising, and is talking to institutional investors about making up the shortfall, according to a person familiar with the matter. At a meeting, the board is expected to reject an offer from Canada’s Erwin Singh Braich and Hong ...

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