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GulfNav to acquire majority stake in Atlantic Navigation

Dubai / Emirates Business Gulf Navigation Holding PJSC (GulfNav) announces that it is in discussion to acquire a majority stake in Atlantic Navigation Holdings (Singapore) Limited (‘Atlantic’). Atlantic is an integrated offshore supply operation engaged in the provisioning of marine logistic services, ship repair, fabrication and other marine services. We operate out of the UAE serving primarily customers in the ...

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Bond traders’ wild ride in 2018 about to kick into overdrive

Bloomberg You’ve traded on inflation data and the prospect of rising sovereign-debt supply. You’ve wagered on Federal Reserve meetings and what the next chairman might do. And you’ve bet on jobs and wage growth that exceed or miss targets. Now try doing it all in one week. With yields threatening to leap higher, bond traders will grapple this week with ...

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Hong Kong wipes out 2,000% stock gains with IPO clampdown

Bloomberg The world’s most volatile new stocks are vanishing from Hong Kong after regulators tightened oversight of the city’s small-cap Growth Enterprise Market. Stocks debuting on GEM in the past 12 months rose an average 23 percent on their first day of trading, down from an eye-popping 605 percent for the year through January 2017, according to data compiled by ...

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