Bloomberg German factory orders picked up in March as strong global trade helped offset a lull in domestic demand. Orders, adjusted for seasonal swings and inflation, advanced 1.9% from the prior month, when they fell a revised 0.8 percent, data from the Economy Ministry in Berlin showed on Monday. The reading, which is typically volatile, compares with a median ...

  Bloomberg A $62 million construction project on the banks of the Danube River is the biggest bet to date that Hungary’s crumbling public health-care system guarantees a bright future for private hospitals. Deteriorating conditions at state hospitals, where patients routinely need to bring their own toilet paper, have pushed people to pay for care outside the communist-era relic. Private ...

  Bloomberg Presumptive Republican presidential nominee Donald Trump said his chief economic concern is giving the middle class a sizable tax cut, while other proposals, including lowering taxes on businesses and the wealthy, were starting points for negotiation. “I have to negotiate now with senators and congressmen,” Trump said during an interview that aired on Sunday on NBC’s “Meet the ...

  Bloomberg Brazil’s consumer inflation accelerated more than all analysts forecast in April, pushing the market to temper bets the central bank will lower interest rates. The benchmark IPCA consumer price index climbed 0.61 percent after a 0.43 percent rise the previous month. That was more than the median forecast for a 0.54 percent increase from 44 economists surveyed by ...

  Bloomberg At times, Chile’s economy has appeared super-human. Rapid economic growth, low inflation, trade surpluses and a strong currency have all combined to make it the wealthiest nation in South America, overtaking traditionally richer economies such as Argentina and Uruguay. That was achieved even as the government amassed savings of more than $23 billion in two sovereign wealth funds. ...

  Bloomberg Brenntag AG’s first-quarter profit missed analyst estimates after the world’s largest distributor of chemicals was hit by a currency devaluation in Venezuela and slump in demand for additives used by the oil and gas industry. Earnings were “surprisingly low” due to weakness in the Venezuelan currency, oil and gas and the North American industrial environment. Brenntag stuck to ...

  On April 25 2016, the very day that Australia commemorated its war dead who fell in Europe a century earlier, Australia sent a private note to France, its former ally, that it had won the bidding process to be preferred designer of 12 new submarines. In announcing the decision, the Australian government made some understandable historical allusions to past ...

  Marvin Ott / Mick Zloof SPECIAL TO EMIRATES BUSINESS The Indonesian military (TNI) and the strategic perspectives of the Indonesian political leadership have been shaped by a tumultuous history of domestic security challenges. Indonesia is a sprawling archipelago of thousands of islands and hundreds of more or less distinct ethnic communities. That geography and ethnography virtually guarantee that national ...

  BLOOMBERG Stocks rallied, with European equities rising from a one-month low as they shook off a drag from Chinese trade data that weighed on industrial metals. Of the 19 industry groups on the Stoxx Europe 600 Index, 17 advanced, while mining companies had the biggest losses. Energy producers also declined as crude oil erased gains. Copper fell to its ...

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.32% to close at 4497.71 points. Accordingly the Market Capitalization has gained AED 4.58 billion attaining AED 731.81 billion. A total of 442.19 Million Shares were traded with a total value of AED 0.52 billion during the trading session of 09-05-2016 through 5948 transactions. The number of companies ...