Abu Dhabi / Emirates Business HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, will head the UAE delegation at the annual meeting of the World Bank Group (WBG) and International Monetary Fund (IMF) in Washington DC from October 07-09. HE Obaid Humaid Al Tayer will hold a series of bilateral meetings aimed at strengthening the UAE’s relations ...

  Birmingham / AFP The pound hit a three-year low against the euro on Monday after Prime Minister Theresa May said Britain will trigger Brexit negotiations by the end of March and her finance minister warned of “turbulence”. Sterling weakened to 87.46 pence against the euro, the lowest level since August 2013, after May’s government gave more details about how ...

  Bloomberg U.K. factories had their best month in more than two years in September as the weaker pound sent export orders surging. IHS Markit’s monthly Purchasing Managers Index jumped to 55.4 from 53.4 in August, capping the industry’s best quarter this year. The reading, the highest since June 2014 and far above economists’ forecast for 52.1, pushes the index ...