ABU DHABI / WAM Khaldoon Al Mubarak, Mubadala’s Managing Director and Group Chief Executive Officer, has said that despite prevailing economic challenges, the UAE will continue with its long term diversification plan, and will continue to think in terms of decades rather than months or years, describing the country as an “oasis of security in this region.” Speaking at the ...

Bloomberg Democrats Hillary Clinton and Bernie Sanders agreed that Michigan’s Republican governor should leave office over the Flint water crisis, but clashed over their stances on corporate bailouts and trade deals, with Clinton saying the American auto industry would have collapsed if Sanders had succeeded in blocking its rescue. Clinton said in Sunday’s CNN presidential debate that Michigan’s two senators ...

Bogota / AFP Colombian state-run oil concern Ecopetrol has reported losses of $1.23 billion (1.12 billion euros) in 2015, driven largely by low crude prices on the international market. Ecopetrol said in a statement that as a result of the losses it would not be handing out dividends to its shareholders. The company’s profits for 2015 “were affected principally by ...