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February 21, 2017 Features
Frankfurt / DPA Afram Shamoun, who for decades practiced medicine in Damascus, is now lying on a doctor’s couch in Frankfurt pretending to be a patient with knee problems. The 59-year-old is taking part in a course that prepares doctors qualified in other countries to take the exam to be able to practise in Germany. Today they’re going over ...
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February 21, 2017 Features
JOHANNESBURG / AP The surprise was finding that people dependent on candles, batteries, kerosene and fuel for generators in countries without a secure supply of electricity spend more on power than solar options. The founders of Dutch company Lumos knew they could do better: In Nigeria, for the cost of powering a small generator for two hours they offer ...
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February 21, 2017 International News, Uncategorized
Bloomberg China’s financial regulators are working together to draft sweeping new rules for the country’s rapidly-expanding asset-management products that aim to make it clear there’s no government guarantees on such investments, according to people familiar with the matter. The draft rules would apply to products issued by banks, insurers, brokerages and other financial institutions, said the people, who asked ...
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February 21, 2017 International News, Uncategorized
Bloomberg Billionaire Mukesh Ambani’s Reliance Jio Infocomm Ltd. will begin charging for its services from April 1 and extended a slew of promotional offers to users as India’s newest wireless carrier attempts to retain customers. Customers who adopt Jio before March 31 will have the option of signing up for Jio Prime at 99 rupees ($1.48), plus a monthly ...
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February 21, 2017 International News
Bloomberg Singapore’s residential property curbs are expected to stay for some time as the city-state’s economy remains stable and demand is still “very resilient,†Nati- onal Development Minister Lawrence Wong said. Singapore home prices fell 3 percent in 2016, with prices declining for the 13th straight quarter in the last three months of the year for the longest streak ...
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February 21, 2017 International News
Bloomberg A recent change to India’s trading rules has opened the door for fund managers to increase their holdings of derivatives in the country, loosening restrictions that had stifled trading. The Securities and Exchange Board of India last month increased the combined futures and options trading limit by removing some caps on contracts and on the market value of ...
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February 21, 2017 Regional News
Reuters Rosneft PJSC signed investment and crude-purchasing agreements with Libya’s National Oil Corp. as more international companies return to the North African country to gain access to Africa’s largest reserves. Moscow-based Rosneft agreed to invest in exploration and production in Libya, the state-run NOC said Tuesday in a statement on its website, without specifying the amount or timing of ...
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February 21, 2017 Energy
Bloomberg Saudi Arabia is kicking off its $50 billion renewable-energy push as the world’s top crude exporter turns to solar and wind power to temper domestic oil use in meeting growing energy demand. Bidders seeking to qualify to build 700 megawatts of wind and solar power plants should submit documents by March 20, and those selected will be announced ...
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February 21, 2017 Energy
Bloomberg China’s decision to approve its first new nuclear reactors in two years may need to wait for its success starting up the world’s first next-generation units. Plans to green-light eight reactors this year in the world’s fastest-growing nuclear market, announced last week, could depend on whether it’s able to complete some of the world’s most-advanced facilities, including Westinghouse ...
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February 21, 2017 Regional News
Bloomberg Noble Energy Inc. is working with Barclays Plc on the sale of a 7.5 percent stake in the offshore Tamar natural gas field, according to people with knowledge of the matter. The company and its advisers — which include another unidentified bank — are approaching institutional investors for the sale, which may be worth between $1 billion and ...
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