Washington / AFP President Barack Obama welcomes India’s Prime Minister Narendra Modi to the White House this week in a low-key nod to the improved ties between the world’s biggest democracies. That the pair would get along was not a given: When Obama came to office in 2009, the Hindu nationalist was banned from entering the United States over ...

  Xalapa / AFP Mexico’s ruling PRI party was trailing early Monday in key races for governor in elections considered as a test for its hopes of retaining the presidency in 2018. Results trickled in slowly late into the night in 12 states, out of 32, that voted on Sunday for new governors following an election day marked by incidents ...

  Berlin / AFP German President Joachim Gauck was expected to reveal on Monday that he will not stand for a second term, creating a political headache for Chancellor Angela Merkel ahead of an election year. The popular Gauck, 76, who has held the largely ceremonial post of head of state since 2012, will give a statement at Berlin’s Bellevue ...

  BLOOMBERG Miners and energy companies led stocks higher and commodities advanced on speculation the Federal Reserve will hold off from raising interest rates this month. The pound slumped following polls that showed Britons favor exiting the European Union. European stocks and S&P 500 futures advanced as the Bloomberg Commodity Index reached its highest level since October, with Brent crude ...

  Bloomberg The pound tumbled and currency volatility surged on Monday after two polls showed more Britons favor a vote to leave the European Union at a June 23 referendum than those who want to stay. That prompted a money manager 10,500 miles away in Sydney to buy stock-market protection, while a brokerage in Bangkok is advising clients to trim ...

  Bloomberg The world is turning upside-down for U.S. equities, with the biggest gains coming from a strategy that has done little of late but deliver losses to investors and taking over market leadership from large technology stocks. With companies from Microsoft Corp. to Apple Inc. floundering, baskets of stocks that are free of capitalization biases — known among traders ...

  RITIKA SHARMA / Emirates Business Le Meridian Al Aqah Beach resort is a well-kept secret in the heart of Fujairah emirates. Over the years, it has evolved as one of the most sought-after destinations among business as well as leisure tourists, who are looking forward to something really exotic situated right in the lap of towering Hajjar ranges. Man ...

  Our Correspondent EMIRATES BUSINESS HTC Corporation aims to bring brilliance to life. As a global innovator in smart mobile devices and technology, HTC has produced award-winning products and industry firsts since its inception in 1997, including the critically acclaimed HTC One and HTC Desire lines of smartphones. The pursuit of brilliance is at the heart of everything, inspiring best-in-class ...

  Dubai / Emirates Business It’s no secret that Ramadan can bring out the best in people. Dedicated to reflection, restraint, generosity and unity, the holy month draws families and friends together to share and reflect—and for professionals in the Middle East and North Africa region (MENA), the spirit of Ramadan carries from home to the workplace. According to the ...

  Dubai / Emirates Business Emirates Islamic, one of the leading Islamic financial institutions in the UAE, was recognised among Global Finance’s 2016 ‘The Innovators’ of Islamic Finance for EI trade, the world’s first of its kind Shari’a-compliant online Trade Finance and Supply Chain platform. EI trade was launched in November 2015 to offer the bank’s corporate and business customers ...