Bloomberg Indian central bank’s verbal pledge to support a record government-borrowing program hasn’t been backed by actions so far and that may lead to a deeper selloff in the bond market, according to a top fund manager. The RBI “has just started doing a little bit of open-mouth operations in the sense they want the yield curve to behave ...

  Dubai / WAM Germany and the UAE as strong economic partners will continue “the old-fashioned trade,” but they have an opportunity to make joint investments in new technologies and businesses of the “new economy” that will help achieve their net-zero targets, a top German diplomat told the Emirates News Agency (WAM). “We have very good economic relations. But there’s ...

  Abu Dhabi / Gulf Time ADQ, an Abu Dhabi-based investment and holding company, on Monday announced it has entered into a definitive agreement to acquire Birgi Mefar Group (BMG), one of Turkey’s leading producers of sterile injectable products.­ As a full-service pharmaceutical CDMO, BMG is a production service provider for sterile injectable products, namely vials and pre-filled syringes used ...