Bloomberg Mubadala Development Co, the Abu Dhabi sovereign fund, and Chinese internet giant Tencent Holdings Ltd are weighing bids for part of Temasek Holdings Pte’s stake in global retailer AS Watson Group, people with knowledge of the matter said. The Singapore state investment company is considering selling around a 10 percent stake in AS Watson for about $3 billion, according ...

Bloomberg Alphabet Inc.’s Google was fined 1.49 billion euros ($1.7 billion) by the European Union (EU) for thwarting advertising rivals, a penalty that may be EU antitrust chief Margrethe Vest-ager’s third and final attack on US tech giant. It brings the total Google has been ordered to pay to 8.2 billion euros in EU antitrust probes that have run for ...

DUBAI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO) has announced that the integrated free zone technology park achieved remarkable results during 2018 with a total revenue of AED576.9 million, as well as overall net profit of AED292.4 million in comparison with AED205.7 million ...