Bloomberg South Korea’s economy will expand 2.7 percent this year and 3 percent next year, the International Monetary Fund said in a statement, which also welcomed recent fiscal and monetary stimulus in Asia’s fourth-largest economy. The nation has “considerable fiscal space” to manage challenges to growth such as an aging society and high household debt, the fund’s directors said …

  Bloomberg Tata Steel Ltd. plans to move to the next stage in the sale of its specialty steels unit in the U.K. after it received interest from several buyers as the Indian producer tries to sell unprofitable assets. The sale process of its South Yorkshire-based unit is progressing well, while the company remains open to selling its Port Talbot …

  DUBAI / Emirates Business His Excellency Dr. Thani Al Zeyoudi, Minister of Climate Change and Environment called on the UAE youth to engage and be part of the country’s global efforts in protecting the environment, achieving sustainable development and combating climate change. The statement came in His Excellency’s opening remarks at the Youth Circle held at the Mleiha Archeological …