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Irish PM urges ‘creative’ solution to post-Brexit UK border

  Bloomberg Ireland’s prime minister says the European Union and Britain must be “creative and imaginative” to avoid creating a “hard” border between his country and the UK after Brexit. Prime Minister Enda Kenny met German Chancellor Angela Merkel to discuss what implications Britain’s departure from the EU will have for Ireland. Kenny told reporters in Berlin any solution must ...

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Morgan Stanley hikes chief’s pay 27% to $19.5mn

  Bloomberg Morgan Stanley President Colm Kelleher, who runs the firm’s investment bank and retail brokerage, received $19.5 million for his work last year, a 27 percent increase. Kelleher, 59, was paid $1.67 million in salary, $6.88 million in deferred cash and $2.4 million in deferred stock, the New York-based bank said in a regulatory filing. He also got a ...

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DEWA plans to build AED1bn substations

  DUBAI / WAM The Dubai Electricity and Water Authority (DEWA) unveiled its plans to build three new 400 kilovolt (kV) substations over the next three years, with an allocated budget of AED1 billion. The three substations will be added to DEWA’s 21 existing substations. DEWA is working in adherence with its strategy of increasing the efficiency of electricity services ...

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