Bloomberg Prime Minister David Cameron turned to his traditional rivals in the opposition Labour Party to win over undecided voters with just 10 days to stop Britain from voting to leave the European Union. Gordon Brown, who was ousted by Cameron in 2010, was to make the case to stay in the 28-nation bloc, and other media interventions have ...

  Puebla / AFP Two people were killed and at least six others seriously wounded in Mexico when armed men opened fire on players and spectators at an amateur baseball game, authorities said. The attorney general’s office in the state of Puebla said the attack occurred on Sunday in the town of Acatzingo, 170 kilometers (105 miles) from Mexico City. ...

  Bloomberg If Thomas Jordan finds himself in the midst of a foreign-exchange tsunami this month, it won’t be of his own making. In January 2015, the Swiss National Bank shook markets when it gave up its cap on the franc. Now central bankers the world over are casting a nervous eye toward London amid fear the UK’s departure from ...

  Emirates Business China’s central bank will keep in close communication with the International Monetary Fund on key topics centered around the global and Chinese economies, according to People’s Bank of China Governor Zhou Xiaochuan. Zhou made the remarks in a meeting with IMF Deputy Managing Director David Lipton in Beijing, according to a statement released on the central bank’s ...

    BLOOMBERG Qatar National Bank SAQ, the country’s biggest bank, raised 10 billion riyals (US$2.75 billion) from capital-boosting perpetual notes in the single largest such issue in the Middle East and North Africa. The privately placed Tier I notes will help strengthen the group’s capital adequacy ratios and support growth across the group, the Doha-based lender said in an ...

  BERLIN / Bloomberg Once upon a time, the euro had aspirations to challenge the dollar’s status as the world’s reserve currency of choice. Instead, the common European currency is losing favour as a store of value. And as European banks scale back their trading activities, the euro’s role on the global stage is likely to diminish further. Almost a ...

  Bloomberg Bill Winters found more than just bad loans when he took over Standard Chartered Plc. He says he uncovered a culture where a few senior managers flouted ethics rules for personal gain and considered themselves ‘above the law.’ The lender is cracking down after ‘recent transgressions’ concerning some employees’ outside business interests, close financial dealings with co-workers and ...

  Sunaina Rana / Emirates Business Arabian Automobiles Company (AAC), the flagship company of AW Rostamani Group is one of the leading automotive dealers in the GCC and also exclusive distributor for Infiniti in Dubai and Northern Emirates. The brand is also the middle of a major product offensive. It has been widely acclaimed for its iconic design and innovative ...

  Our Correspondent EMIRATES BUSINESS Daxium is a leading software company that develops innovative mobile solutions to improve business performance. Their online web-based custom form builder makes it simple to switch from paper to mobile forms on tablets and smartphones. Their customers use Daxium for checklists, surveys, inspections, audits, CRM, merchandising. The company’s goal is to develop their mobile employees’ ...

  Reuters Saudi Arabia is seeking international investors to build two solar power plants, using a deal structure that could become a model for the kingdom’s infrastructure projects as low oil prices pressure the government’s finances. State-owned utility Saudi Electricity Co (SEC) said at the weekend that it was inviting expressions of interest from companies or consortiums around the world ...