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BLoomberg The pound sank below $1.39 for the first time since March 2009, while a gauge of anxiety in currency markets showed traders are preparing for even more extreme moves. Options traders are paying the most to protect against price swings in six months’ time compared with historical volatility since Lehman Brothers Holdings Inc. collapsed during the 2008 credit crisis. ...

DUBAI / WAM Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, and in the presence of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, the Global Women’s Forum Dubai, 2016, opened on Tuesday at the Madinat ...

DUBAI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, on Tuesday delivered a keynote during the official opening of the Global Women’s Forum in Dubai, in which he stressed that the UAE, as part of its developmental journey, has regarded women as partners in the service of the homeland and nation-building, stressing ...

Beijing / AFP Beijing is installing radar facilities on its artificial islands in the disputed South China Sea, an American think tank has said, in a move analysts warned would “exponentially improve” the country’s monitoring capacities. Satellite imagery of Cuarteron reef in the Spratlys released by the Washington-based Center for Strategic and International Studies (CSIS) showed what appeared to be ...

Kiev / AFP Germany and France on Tuesday urged Kiev to root out corruption and quickly adopt a law on elections in the pro-Russian east that may help resolve Ukraine’s separatist war. French Foreign Minister Jean-Marc Ayrault and his German counterpart Frank-Walter Steinmeier arrived in Kiev amid political chaos that has seen ministers in the pro-EU government trade accusations of ...

Riyadh / AFP The leader of Africa’s number one oil producer was in Saudi Arabia on Tuesday, with analysts forecasting his country’s eventual support for an output freeze to stabilise prices. Nigerian President Muhammadu Buhari is to meet King Salman before travelling on to Qatar. The official Saudi Press Agency reported late Monday that Buhari had landed in Riyadh, where ...

Damascus / AFP Syria’s regime agreed on Tuesday to a ceasefire deal announced by the United States and Russia, but there were widespread doubts it could take effect by the weekend as hoped. The agreement, announced on Monday, does not apply to extremists like the IS group and Al-Nusra Front, putting up major hurdles to how it can be implemented ...

Alkesh Sharma / Emirates Business Instant replies to customer queries always bring brisk business. Dubai-based start-up Brndstr is creating ripples in the industry with its new auto-reply tool which would enable technology entrepreneurs and corporates to promptly interact with their targeted customers, by using intelligent robotic responses. Brndstr is offering a wholesome directory of hashtag and emoji on Twitter platform ...

London / AFP The bosses of more than a third of Britain’s top companies on Tuesday urged voters to keep the country in the European Union, warning that an exit from the bloc would threaten jobs. Some 198 business leaders including Roger Carr, chairman of BAE Systems, BP CEO Bob Dudley and Ron Dennis, chief of F1 team McLaren, wrote ...

Bloomberg With Jeb Bush’s departure from the presidential race on Saturday, a mighty fundraising army scattered. The question the troops face: pick another side or retreat? Bobbie Kilberg chose quickly. A top Republican fundraiser in Virginia, she got the news of Bush’s withdrawal Saturday night over text messages at a dinner. By the next morning, she was giving interviews about ...