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Yahoo’s 4Q shows modest strides amid security breach fallout

  Bloomberg Yahoo’s financial performance improved slightly during the fourth quarter while the company dealt with the fallout from massive security breaches that have jeopar- dized the $4.8 billion sale of its internet operations to Verizon Communications. The fourth-quarter report provided the latest snapshot of a shrinking company that has been steadily losing ground in the digital advertising market that ...

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Trump pulls US from Pacific trade accord

  Bloomberg President Donald Trump abruptly ended the decades-old US tilt towards free trade by signing an executive order to withdraw from an Asia-Pacific accord that was never ratified and promising to renegotiate the North American Free Trade Agreement. “Great thing for the American worker, what we just did,” Trump said on Monday after signing an order withdrawing the US ...

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ADFD injects AED1.47bn into Sudan to stimulate economy

  ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) deposited AED1.47 billion into the Central Bank of Sudan (CBOS) to secure increased liquidity and stimulate economic growth in Sudan. Mohammed Saif Al Suwaidi, Director-General of ADFD, signed an agreement to that effect with Hazim Abdegadir Ahmed Babiker, Governor and Chairman of the Board of the CBOS. Reaffirming the ...

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