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4 in 10 UAE residents expect employers to be hiring soon

Dubai / Emirates Business The latest Middle East Job Index Survey, conducted by the Middle East’s leading job site, Bayt.com, and research and consulting firm, YouGov, has revealed that six out of every 10 working respondents in the UAE expect their employers to be hiring in the next three months; four in 10 saying they will be definitely hiring. The ...

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Foxconn, Sharp to remove hurdles for US$6bn deal

Taipei / Bloomberg Taiwan’s Foxconn Technology Group and Sharp Corp. worked through the weekend to salvage their proposed $6 billion deal with one potential outcome being a revision to terms the Japanese’s board approved just last week, according to people familiar with the matter. Bankers and lawyers are going through a list of Sharp liabilities that could exceed 300 billion ...

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Singapore Exchange may buy Baltic Exchange for US$116mn

Singapore / DPA The Singapore Exchange (SGX) is in talks to buy The Baltic Exchange, a move that could bolster its derivatives business and strengthen Singapore as a maritime hub. The bourse said that it has submitted a non-binding bid, adding that discussions are still preliminary. The Baltic Exchange, headquartered in London, is the world’s source of maritime market information. ...

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