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Britain’s EU referendum on June 23

London / AFP Britain will vote on its membership of the European Union on June 23, Prime Minister David Cameron said on Saturday as he began the daunting challenge of persuading the country to stay in. He announced the date for the referendum after a two-hour cabinet meeting where he outlined the deal he struck in Brussels on Friday that ...

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Oil output talks to close by March 1

Moscow / Bloomberg Major oil-producing nations, seeking to curb a flood of supply that’s cut prices almost in half in the past year, agreed to wrap up talks on capping output by the start of March, according to Russia’s Energy Ministry. “We agreed that all consultations should be completed by March 1,” Energy Minister Alexander Novak told state TV on ...

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UNIKAI posts AED13.5mn net profit, upbeat to expand

Dubai / Emirates Business As it prepares to participate in the Gulfood 2016, UNIKAI Foods, one of the largest FMCG companies in the UAE, has reported a net profit of AED 13.5 million for 2015. UNIKAI is now looking to expand its operations following the remarkable competiveness in areas like quality, packaging, distribution, customer service, corporate governance, risk mitigation, talent ...

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