Masonry Layout

Bloomberg Shares of drugmaker Bristol-Myers Squibb Co. gained, with acquisition target Celgene Corp. falling after activist hedge fund Starboard Value was said to have taken a stake in Bristol-Myers. The size of Starboard’s stake and any plans that Jeff Smith’s hedge fund might have for its investment in the $81 billion drugmaker couldn’t immediately be learned when Bloomberg reported the ...

Bloomberg Europe’s scooter startups Tier Mobility and Voi Technology AB have held early-stage discussions to combine their operations, in response to the impact of larger US rivals on the continent, according to people familiar with the discussions. The talks, which started in November, recently stalled after Voi concluded that it could continue its growth independently, one person said. All of ...

DUBAI / WAM The seventh session of the World Government Summit kicked off on Sunday morning in Dubai with the participation of more than 4,000 people from 140 countries, including heads of state, ministers and officials who will gather to redefine the future of governments and unite efforts to shape the future of the world. The summit will include 600 ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Sunday heads of states and governments, political leaders, and economic experts participating in ...

Abu Dhabi / WAM The nexus between public health and climate is a topic that resonates strongly with the UAE, according to Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, who was speaking at the Climate Change Forum taking place at the World Government Summit being held in Dubai from February 10-12. Speaking at a ...

Dubai / WAM Improved public and private partnerships for the holistic benefit of the technology sector are crucial for governments across the world, advised a panel of thought-leaders at the seventh World Government Summit (WGS 2019). The panel titled ‘The Future of Digital Policy’ was hosted in partnership with Google at WGS. Speakers at the panel included Dr Amr Talaat, Egyptian ...

Bloomberg Canadian crude weakened after two critical oil pipelines remained partially shut amid an investigation into a possible leak in Missouri. Heavy Western Canadian Select for March traded at $10.30 below the calendar average for West Texas Intermediate crude futures, compared with a $9.40 discount, according to data from Net Energy Exchange. Prices weakened as shutdowns of TransCanada Corp.’s Keystone ...

Bloomberg Investors will be hoping the US and China can put trade talks back on the road to a deal after President Donald Trump said he’s unlikely to meet President Xi Jinping before a March 1 deadline to avert higher American tariffs on Chinese goods. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are leading a group of administration ...

Bloomberg A Malaysian vessel and a Greek-registered bulk carrier collided in Singapore territorial waters off Tuas on Saturday, according to a statement from the Maritime and Port Authority of Singapore, which said it was “deeply concerned” by the intrusion. Malaysia’s Ministry of Foreign Affairs said that the Greek vessel and its crew have been detained, the Straits Times reported. The ...

Bloomberg Europe’s push to scrap use of coal as a power generation fuel could make Fortum Oyj think twice before launching a bid for a full takeover of Uniper SE, one of the continent’s biggest burners of the dirtiest fossil fuel. Fortum, which owns a 49.99 percent stake in Uniper, said it had ended its long-running feud with the German ...