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Investors upbeat on UAE economy

ABU DHABI / WAM The mood of affluent investors in the UAE market has improved as compared to the last year, according to the First Abu Dhabi Bank’s index measuring impression of wealth holders. The index rose by 1.87 percent to 1038.28 points from 1019.13 points in April 2016, reflecting the positive mood prevailing toward country’s business environment. The index ...

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Children among 22 dead as IS claims UK attack

Bloomberg Prime Minister Theresa May vowed to combat the “ideology” behind Britain’s worst terrorist attack in 12 years after a suicide bombing killed 22 people at a pop concert. IS claimed responsibility. Campaigning for next month’s general election was suspended indefinitely. In her first public appearance since the bombing, May said many children died in an act of “cold calculation” ...

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S Korea fires warning shots at flying object from North

Bloomberg South Korea’s military fired warning shots across the military demarcation line at an unidentified object flying on Tuesday afternoon, as tensions remained high on the peninsula days after another North Korea missile test. The military is analyzing the object’s flight path, South Korea’s Joint Chiefs of Staff said in a text message. Yonhap News reported that South Korea fired ...

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