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Ruwad launches initiative to empower students

Sharjah / WAM Sharjah SME (RUWAD) in cooperation with the Sharjah Education Council, have launched the “Business Stars” initiative, which empowers school and university students and encourages them to take part in the business investment experience. The initiative was inaugurated by Dr. Saeed Musbah al Kaabi, Chairman of Sharjah Education Council, and Abdullah Musabah Al Tunaiji, Board Member of RUWAD. ...

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German power price jump could extend into 2019

Bloomberg The record jump in prices in Europe’s biggest power market could extend well into 2019. Booming European carbon futures, Germany’s plan to shut some of its dirtiest plants, and low water levels after an extremely dry summer are all factors driving the region’s electricity prices. While 2018’s surge probably won’t be repeated, Wood McKenzie Ltd says average rates for ...

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Russia’s oil bosses brush off price drop

Bloomberg Russian officials and executives from its biggest oil companies put on a brave face, even as Brent trades near 16-month lows. “The drop in oil prices hardly bother us because our budget is based on $42 a barrel,” First Deputy Prime Minister Anton Siluanov told reporters ahead of a meeting between President Vladimir Putin and big business in Moscow. ...

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