NEW YORK / WAM The UAE was ranked first in the Arab region in the World Happiness Report (WHR) for the fifth consecutive year. According to a statement issued by the United Nations Sustainable Development Solutions Network (SDSN), which produces the World Happiness Report, “In 2016, the United Arab Emirates committed to implementing a happiness and wellbeing policy agenda within …

Bloomberg Oil’s rally stuttered as uncertainty over the status of trade negotiations between the US and China stoked concerns over global economic growth. Futures for May fell as much as 1.2 percent in New York. China was said to be pushing back against American demands, raising speculation that trade tensions between the world’s biggest economies will persist. Still, the price …

Bloomberg German Chancellor Angela Merkel said it’s up to Deutsche Bank AG and Commerzbank AG executives to decide if their historic merger plans make sense, exposing divisions in the coalition. The plan to combine Germany’s two biggest lenders is a private business matter, Merkel said at the Global Solutions summit in Berlin, after the lenders announced talks on a deal …