China’s State Grid Corporation, the world’s biggest power company, is on an impressive buying binge. As Bloomberg News reports, the company is “actively in bidding” for power assets in Australia, hoping to add them to a portfolio of Italian, Brazilian, and Filipino companies. The goal isn’t simply to invest, however. State Grid’s Chairman Liu Zhenya has a plan that he …

BLOOMBERG U.S. stocks fluctuated near the highest levels of the year, while the dollar and Treasuries were little changed as investors assessed the potential for central-bank stimulus to boost flagging global growth. The Standard & Poor’s 500 Index edged higher after a sixth weekly gain in seven, while European and Asian equities climbed from the lowest levels in at least …

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 1.06% to close at 4507.24 points. Accordingly the Market Capitalization has gained AED 7.68 billion attaining AED 731.13 billion. A total of 0.77 Billion Shares were traded with a total value of AED 0.84 billion during the trading session of 04-04-2016 through 8238 transactions. The number of companies which …