DUBAI / WAM Dubai Electricity and Water Authority (Dewa), in cooperation with the British Standards Institute (BSI), will soon launch the PAS 60518:2020 standard for risk management in the energy and utilities sector, a first of its kind in the world. Dewa approved the number 60518 for the new standard in reference to the birthdate – May, 6 1918 – ...

Bloomberg One surprising part of the trade deal struck between US president Donald Trump and Beijing is that US investors won a direct shot at the potentially lucrative job of helping China clean up its heap of bad debt. China is embracing foreign capital as it grapples with a tide of soured debt. Some estimate it to have topped $1 ...

Bloomberg Franklin Templeton Asset Management (India) Pvt marked down its debt exposure to Vodafone Group Plc’s India venture to zero, concerned by the operator having to pay $4 billion in back-fees as early as next week. The carrier’s shares suffered a record plunge. The payment deadline has led to “significant uncertainty with respect to our exposure” to the carrier, the ...