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Landmark upgrade for Bahrain’s power grid

  Emirates Business Siemens has been awarded a landmark contract to upgrade the Kingdom of Bahrain’s energy infrastructure with a new high-voltage power transmission network, strengthening the country’s electricity supply. The contract, awarded to Siemens by the Electricity and Water Authority (EWA) in Bahrain, was announced at an inauguration ceremony in Al Hidd in Bahrain. Siemens will introduce an upgraded ...

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Brexit campaign trail heats up for Leave, Remain camps

  Bloomberg Britons eager to find out more about the pros and cons of European Union membership have a wealth of options this weekend, with campaigners for a “Leave” vote in next month’s referendum pledging a publicity “blitz” and their opponents promising “the biggest day of cross-party campaigning in U.K. political history.” Prime Minister David Cameron, opposition Labour Party leader ...

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Weakening UK data in shadow of Brexit puts pressure on Pound

  Bloomberg After a week of warnings about the perils of Britain exiting the European Union, economic data next week may offer traders little reason to be bullish on the pound, the developed world’s worst-performing currency of 2016. For the period covering the June 23 referendum on EU membership, options traders are the most bearish on sterling since at least ...

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