March, 2016

• 16 March

  Deutsche Boerse agrees to buy LSE to create European titan

  

  Bloomberg Deutsche Boerse AG succeeded in its third attempt to acquire London Stock Exchange Group Plc. The deal would create a titan of European trading as long as regulators give it their blessing and rival suitors don’t scupper the agreement. While the companies declared it a merger of equals, Deutsche Boerse stockholders will get 54.4 percent of the enlarged group ...

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• 16 March

  EU leaders push migrant plan ahead of Turkey summit

  

  Brussels / AFP European leaders launch a charm offensive to win backing for a migrant deal with Turkey on Wednesday, seeking to heal rifts between member states on the eve of a key summit with Ankara. EU president Donald Tusk warned that hard work lay ahead to finalise the deal, after Cyprus threatened to derail it over long-standing disagreements with ...

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• 16 March

  New debris found in Reunion ‘unlikely’ from MH370

  Sydney / AFP A second piece of debris found on the Indian Ocean island of La Reunion was “unlikely to be from an aircraft”, Australian authorities leading the search for missing flight MH370 said Wednesday. The only part of the missing Boeing 777, which vanished two years ago with 239 passengers and crew on board, that has so far been ...

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• 16 March

  Pakistan court lifts travel ban on ex-prez Musharraf

  Islamabad / AFP Pakistan’s top court on Wednesday ordered the government to lift a travel ban on former military ruler Pervez Musharraf, a move that could let him leave the country while awaiting trial for treason. Musharraf’s lawyers say he needs to go abroad for urgent spinal treatment not available in Pakistan. He was placed on the “Exit Control List” ...

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• 16 March

  Turkey stability fears as PKK ups offensive

  

  Ankara / AFP Sunday’s suicide car bombing in Ankara has raised fears of an escalation in Turkey’s long-running Kurdish conflict, as the country grapples with the IS threat while relying on a security system weakened by a political crackdown, analysts say. No-one has claimed responsibility for the blast which killed 35 people in the heart of the Turkish capital, but ...

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• 16 March

  UN envoy to meet pro-Russia Syrian opposition group at talks

  Geneva / AFP A Syrian opposition group that is close to Russia and tolerated by Damascus will meet UN envoy Staffan de Mistura at peace talks in Geneva, a delegation member said on Wednesday. “We received an invitation to take part in the Geneva talks,” said Fateh Jamous, a member of the so-called Moscow Group, which includes ex-Syrian deputy prime ...

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• 16 March

  Syrians dream of Europe ‘miracle’ despite slammed doors

  

  Gaziantep / AFP Borders are slamming shut and European leaders are desperately trying to stem the flow of migrants to their shores—but near the Turkey-Syrian border, Mohammed Bilal is still dreaming of Real Madrid. The 23-year-old from Syria’s war-torn Aleppo province was a promising footballer in his homeland and he still hopes to make it big, despite the European Union’s ...

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• 16 March

  Jewel Corner: Where affordability wins hearts

  

  ALKESH SHARMA / EMIRATES BUSINESS It all started with only one store at Deira City Centre but today this brand boasts of 35 different stores across the Gulf Cooperation Council (GCC) region and also a strong presence on the e-commerce domain. Jewel Corner, which aims at catering to each strata of the society, has certainly covered a remarkable journey in ...

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• 16 March

  It’s all about ‘chic’ lifestyle

  

  ALKESH SHARMA / EMIRATES BUSINESS OBS Lifestyle is credited with fetching upscale brands from the global corridors right to the doorsteps of UAE residents. Enjoying a rich portfolio of some of the leading brands, dealing with fashion and life, OBS Lifestyle has emerged as one of the prominent retail and distribution division of OBS Group in the last few years. ...

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• 16 March

  IDB registers 193 industrial units across UAE in 2015

  

  ABU DHABI / WAM The Industrial Development Bureau, IDB, of the Department of Economic Development, DED, in Abu Dhabi, has registered 193 industrial establishments across the Emirate of Abu Dhabi in the Health, Safety and Environment Management System, EHSMS, during 2015. Registration is part of the requirements of the system’s regulatory framework and the requirements of Abu Dhabi Occupational Safety ...

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