China is determined to become the low-emissions electric-car capital of the world. Unfortunately, its car buyers aren’t cooperating. Cleaner Cars The Chinese government has been spending billions on research grants, steep subsidies and new infrastructure — such as charging stations — to encourage consumers to go electric. It hopes to boost the number of such vehicles on the road …

  BLOOMBERG Crude oil’s fourth-straight decline weighed on energy companies and currencies of commodity-exporting nations after talks between major producers ended in Doha without any agreement on limiting output. While the drop in energy prices was moderated by a labor strike in Kuwait that curbed production, it dragged down the ruble, which posted the biggest loss among major currencies. The …

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.30% to close at 4650.89 points. Accordingly the Market Capitalization has gained AED 2.26 billion attaining AED 754.43 billion. A total of 0.71 Billion Shares were traded with a total value of AED 1.03 billion during the trading session of 18-04-2016 through 9363 transactions. The number of companies …