Bloomberg Metro AG, the German big-box retailer and wholesaler, is working with Citigroup Inc. and JPMorgan Chase & Co. to review options for its Chinese operations, according to people familiar with the matter. The business could be worth about $1.5 billion, based on earnings and the valuations of its rivals, the people said, asking not to be identified as the …

Bloomberg Oil tumbled for a third straight week as crumbling equity markets across the globe stoked concern about a slowdown in energy demand growth. A 0.4 percent gain in New York-traded futures wasn’t enough to halt a 2.2 percent decline for the week. Eight of every 10 stocks in the S&P 500 were in retreat as a cavalcade of negative …

DUBAI / WAM The UAE and Bahrain reviewed their latest efforts in administering government financial operations, and also expressed their keenness to cooperate towards achieving common goals that are aligned with their shared vision and history. This was discussed when a delegation from Ministry of Finance of Bahrain visited UAE Ministry of Finance. Younis Haji Al Khoori, Under-Secretary of Ministry …