Bloomberg Deutsche Bank AG may still face more years of restructuring, but at least the belief of its staff has stopped fading. The Frankfurt-based bank’s annual internal survey showed that 57 percent of employees are committed to the lender, unchanged from last year and arresting years of declines, according to a person with knowledge of the results. The share of …

DUBAI / WAM The UAE is the biggest trade partner of Hong Kong in the Middle East, as the value of the non-oil trade exchange between the two countries accounted for $8.9 billion in 2017, with 5.1 percent annual growth compared to 2016, Juma Al Keet, Assistant Under-Secretary for Foreign Trade Affairs at the UAE Ministry of Economy (MoE) said …

ABU DHABI / WAM Matar Salim Ali Al Dhaheri, Under-Secretary of the Ministry of Defence, on Tuesday received Lt General Sir John Lorimer, UK’s Defence Senior Adviser on the Middle East, and his accompanying delegation. Al Dhaheri welcomed Lt General Lorimer and praised the relations between the UAE and UK which he said are witnessing great development across various sectors. …

LONDON / WAM UAE-linked Petrofac, a leading international service provider to the oil and gas production and processing industry, has secured new orders worth $1.8 billion in the first half of 2018, according to an update released to the London Stock Exchange on Tuesday. “We are trading in line with expectations, delivering best-in-class project execution, continued momentum in new orders …

Bloomberg China Energy Investment Corp pledged almost $84 billion in shale gas and chemical manufacturing projects across West Virginia after President Donald Trump’s trade mission to Beijing in November, but when it came time to discuss details officials were a no-show. The chief executive and other officers of the world’s largest power company cancelled a visit to a petrochemical conference …

Bloomberg Sempra Energy met with activist investors Elliott Management Corp. and Bluescape Resources to try and reach a truce ahead of its analyst conference set for Thursday, according to people familiar with the matter. The two sides met in Washington to discuss whether Sempra would give the activists board seats and consider setting up a committee to weigh options to …

Bloomberg Italy and Germany tied for first place in the worldwide energy-efficiency race, according to a biennial international scorecard released on Tuesday by the American Council for an Energy-Efficient Economy. France, the United Kingdom and Japan followed suit. The United States fell, from 8th in 2016, to 10th in the new ranking of the 25 largest energy-consuming countries in the …

Bloomberg Ghana’s state-owned oil refinery is seeking credit guarantees from the government after lenders declined to issue it loans for crude purchases, according to two people familiar with the matter. The Tema Oil Refinery, 29 kilometers (18 miles) east of the capital, Accra, halted production on June 21 after running out of crude stock, said the people, who asked not …

Bloomberg US stocks fluctuated after the biggest selloff since April, as investors assessed the outlook for trade and its implications on global growth. The dollar rose and gold fell. The S&P 500 Index gyrated at its 50-day moving average, while the Dow Jones Industrial Average clung to small gains. Technology shares hit hardest bounced back to give the Nasdaq indexes …

Bloomberg Bitcoin bulls are seeking support at the $6,000 price level after the battered digital currency dropped below that threshold for the first time since February over the weekend. The biggest cryptocurrency rose less than 1 percent from its Friday close to $6,103 in New York, according to composite Bloomberg pricing. It slumped to as low as $5,780 on Sunday, …