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Bloomberg German investor sentiment slumped to its lowest level since September 2016 as concern intensified that Europe’s largest economy could be hurt by a global trade war and a strengthening euro.The ZEW Center for European Economic Research in Mannheim said on Tuesday that its monthly index of investor expectations fell to 5.1 in March from 17.8. Economists in a Bloomberg ...

Bloomberg Publicis Groupe SA, the world’s third-largest advertising company, lifted its outlook for growth on the conviction that it’s the best placed to triumph over structural changes in the industry. “We believe that we are the only ones who have the right assets to succeed,” Publicis Chief Executive Officer Arthur Sadoun said in an interview ahead of an investor presentation ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, said that the UAE has transformed happiness, positivity and quality of life to a practice in every sector, as well as a culture of society. His Highness said during the graduation ceremony of second batch of ‘Chief Happiness ...

Cairo / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met UAE investors delegation participating in the UAE-Egypt Economic Committee’s meetings in Cairo. During the meeting, Sheikh Abdullah affirmed the importance of the UAE investors role in developing economic partnership and boosting joint investments between the UAE and Egypt in light of ...

Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC), honoured and celebrated its employees who have worked with the Company between 10-40 years on Sunday. More than 500 employees gathered in front of ADNOC headquarters to participate in a ceremony that focused on their years of dedicated service. The company commemorated their work anniversaries by arranging for them ...

DUBAI / WAM The Dubai World Trade Centre Authority (DWTCA), announced its 2017 results, which overshot the three-million-visitor milestone for the second consecutive year. Welcoming a record 3.3 million delegates and attendees last year, up 9 percent from the previous year, the region’s largest trade venue hosted 353 meetings, incentives, conferences and exhibitions (MICE), and business events, a formidable 18 ...

Bloomberg The recovery in India’s rural economy is likely to curb bad loans and boost profit at financial companies that specialise in credit to the country’s villages, according to one of the biggest such lenders. Mahindra & Mahindra Financial Services Ltd., which offers loans for equipment and vehicles in 330,000 of India’s roughly 600,000 villages, is seeing business growing and ...

Bloomberg Toys ‘R’ Us Inc.’s creditors are pushing for a better deal for the Asian business. The unprofitable company, currently aiming to wind down its US operations, has asked for non-binding bids for its growing Asian unit by early April, according to people familiar with the matter. Toys ‘R’ Us is working with Lazard Ltd. on the sale process, seeking ...

Bloomberg Government officials in the US and Europe are demanding answers from Facebook Inc. after reports that Cambridge Analytica, the advertising-data firm that helped Donald Trump win the US presidency, retained information on tens of millions of Facebook users without their consent. Entreaties for the social-media giant to take responsibility evolved into calls for CEO Mark Zuckerberg to appear in ...

Bloomberg GKN Plc’s rival suitors offered additional sweeteners to win over the UK aerospace supplier’s shareholders, who are set to decide next week which side to support. Dana Inc. pledged to trade its stock in London following the US company’s planned takeover of GKN’s automotive unit, it said. Melrose said separately that it would bolster GKN’s pension plan, while easing ...