Bloomberg Long simmering tension within Air France-KLM erupted into the open after managers at Dutch arm KLM warned of possible strikes and employee unrest should Pieter Elbers be removed as head of the unit. “The possibility of an unexplainable, involuntary departure of our CEO brings a lot of tension in the workforce,” a group of managers wrote in a letter …

Bloomberg Stocks extended gains around the globe on Wednesday after President Donald Trump signaled a more conciliatory stance towards China, fueling hopes of a breakthrough in the trade war when talks get underway later in the week. The dollar edged higher along with Treasuries. Futures on the S&P 500, Nasdaq and Dow Jones climbed as investors awaited earnings reports from …

Bloomberg Beijing is walking a tightrope between reviving its downbeat equity market and engineering another bubble. China’s securities regulator has started to remove many of the curbs designed to keep out speculators, signaling an end to the highly restrictive era that started when a boom in the country’s stocks turned to bust in 2015. The result has been an intensifying …

SHARJAH / WAM The real estate sector in the Emirate of Sharjah has seen a big boom with 54,125 transactions valued at AED22.5 billion ($6.13 billion) in 2018, as per the annual realty transactions report revealed by the Sharjah Real Estate Registration Directorate. The real estate deals sealed last year covered over 52 million square feet, while the mortgages transactions …

Dubai / WAM Richard Rasi, Deputy Prime Minister of the Slovak Republic for Investment and Information, shared prospects for cooperation between his country and the UAE during his participation in WGS. “We have more than 150 Slovak companies operating in the UAE and we are looking forward to further cementing our collaboration”, Rasi said.

Bloomberg Stocks across Europe and Asia advanced and US futures rose after news emerged of a tentative deal among American lawmakers to avert another government shutdown. Treasury yields climbed. Carmakers led the advance in the Stoxx Europe 600 Index, while contracts on the Dow, Nasdaq and S&P 500 all pointed to a firmer open. The dollar held on to most …

Bloomberg Investors with $515 billion surveyed by Bank of America Merrill Lynch aren’t convinced by the new-year equity rally and prefer cash to stocks. Global equity allocations in February fell to the lowest level since September 2016, according to BofA, even as the MSCI All Country World Index is up almost 8 percent in 2019. That indicates a deep lack …

Bloomberg Plus500 Ltd., sponsor of Spanish soccer team Atletico Madrid, plunged after the broker revealed how much it has cushioned the blow of new rules with profits from customers’ bad wagers. It also warned 2019 earnings will take a hit. The London-traded company recorded a $56 million trading gain by taking the other side of clients’ bets during the fourth …

Bloomberg Deutsche Bank AG is paying some of the highest rates among large banks to raise debt this year, highlighting a key obstacle in the lender’s turnaround effort. Germany’s biggest bank this week sold $1.25 billion of three-year dollar bonds that pay 255 basis points over benchmark interest rates, according to a person familiar with the matter who asked not …

Bloomberg Barclays Plc may unveil plans to pay out more money to shareholders to fend off criticism of its investment-banking performance — and continued pressure from activist Edward Bramson. That’s a growing view among several analysts ahead of the London-based bank’s earnings report on February 21. Returning surplus capital could be part of a “cohesive strategy to improve returns,” said …