Masonry Layout

Bloomberg The UK has gained potential allies in its bid to hold on to the business of clearing euro-denominated derivatives after Brexit. Sweden said a European Union proposal to allow authorities to force the biggest foreign derivatives-clearing firms to set up shop in the bloc could prove excessive, according to an earlier document that summarises the positions of 10 national ...

Bloomberg Uber Technologies Inc. is under investigation by federal authorities in New York for its alleged use of a spyware programme designed to undermine competition for its digital ride-hailing service, according to people familiar with the matter. The executive charged with making sure Uber follows the law, Global Head of Compliance Joseph Spiegler, resigned last week after a year and ...

Bloomberg China will expand its agricultural use of environment-damaging plastic film to boost crop production even as authorities try to curb soil pollution, a government scientist said. Some 1.45 million metric tons of polyethylene are spread in razor-thin sheets across 49 million acres—an area about half the size of California—of farmland in China. Use of the translucent material may exceed ...

Bloomberg India must boost growth if it’s to provide enough jobs for what will be the world’s biggest workforce, and history shows that some of the country’s best economic phases have come when society is most open, said Raghuram Rajan. Speaking a week after data showed growth in Asia’s No. 3 economy unexpectedly slowed to 5.7 percent, the former governor ...

Bloomberg The US said it would seek a vote on Monday on a draft United Nations Security Council resolution on North Korea, as it pushes for fresh sanctions against the regime after its recent nuclear test. The US informed the Security Council of its plan to call the vote, the State Department said in a brief statement, adding it would ...

SHARJAH / WAM A massive 24 million square metre-project said to be generating AED24 billion in real estate value was launched in Sharjah in the presence of HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. The Aljada, owned by Arada, is said to be the largest privately-owned mixed-use real estate project in the ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Wednesday launched the new vision for the Mohammed bin Rashid Centre for Leadership Development, during a graduation ceremony of a new batch of young executive and government leaders. The ceremony was attended by HH Sheikh Ahmed bin Mohammed ...

Abu Dhabi / WAM The board of the Federal Tax Authority (FTA), approved planned future changes to the UAE tax system, including new procedures to adopt a selective tax system next month and value added tax (VAT), at the start of next year. The board approved these changes during its second meeting, which was chaired by HH Sheikh Hamdan bin ...

Dubai / Emirates Business Dubai Properties, a leading Dubai-based real estate master developer celebrated the spectacular voyage of the UAE’s first-ever water home as it made its way along the city’s newest attraction – the Dubai Water Canal – to berth at Marasi Business Bay. Over the coming days, the city will see more homes float into Marasi as Dubai ...

Bloomberg Theresa May called on employers to train more British workers to fill vacancies after Brexit, after a leaked document suggested the UK is preparing to limit and discourage immigration from the EU. The prime minister said low-skilled immigration has hit the wages of British people and promised to control the numbers coming in after the country leaves the EU ...