Reuters Brazil’s BM&FBovespa SA is arranging loan financing to fund its 12.9 billion reais ($3.6 billion) takeover of rival Cetip SA Mercados Organizados as both companies agreed to form a giant financial exchange with a presence from Mexico to Chile. BM&FBovespa Chief Executive Officer Edemir Pinto, who will run the combined entity, declined to elaborate on the loan. Shares of ...

Khang Vu SPECIAL TO EMIRATES BUSINESS As the race to the White House is heating up, Asian countries are paying close attention to the candidates’ foreign policy platforms. For the last few weeks, international headlines have focused on Donald Trump’s vision of a nuclearized Northeast Asia and his proposal to withdraw U.S. troops from South Korea and Japan if the ...

The five-day visit of the Custodian of The Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, to Egypt is seen as Riyadh’s political and economic support for Cairo to overcome current economic and political challenges. It also reflects the regional role of the two countries: Saudi Arabia, which is the top Arab economy, and Egypt, the ...