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  Bloomberg A two-month advance in U.S. equities ran out of steam amid signs investors are again growing skeptical of the long-awaited rebound in corporate profits. Stocks didn’t fall by much — at its close of 2,183.87, the S&P 500 Index slipped 0.01 percent over the five days — but that was enough to make it the second-worst week since ...

  Berlin / AFP Embattled automaker Volkswagen has been forced to suspend manufacture of the popular Golf model at its main production plant in Germany, a spokesman said on Saturday. But the decision by the car giant, locked in a legal battle with parts suppliers, will not affect its annual production target. Production of the Golf will be suspended “from ...

  Hasakeh / AFP Syrian government warplanes were in the air again on Saturday over the flashpoint northeastern city of Hasakeh, despite a US warning against new strikes that might endanger its military advisers. In another escalation of the five-year war, regime planes this week bombarded positions held by US-backed Kurdish forces in the city fighting the IS extremist group. ...

  Shanghai / Bloomberg China Investment Corp., the $814 billion sovereign fund, is leading a Chinese investor group in talks for a multibillion-dollar iron-ore streaming deal with Brazil’s Vale SA, people familiar with the matter said. The consortium is negotiating the potential purchase of a portion of Vale’s future iron-ore output for as long as 30 years, two of the ...

  Bloomberg Origin Energy Ltd., the Australian energy producer and retailer, plans to start the sale of an Australian wind farm project after gauging interest from potential buyers, people with knowledge of the matter said. The Sydney-based company will ask next week for expressions of interest for its planned Stockyard Hill project west of Melbourne, one of the people said, ...

  Abu Dhabi / WAM The UAE is deeply committed to protecting humanitarian workers and providing emergency relief to more than 130 million people affected by humanitarian crises in over 40 countries, Reem bint Ibrahim Al Hashemi, Minister of State for International Cooperation, said on Thursday on the occasion of World Humanitarian Day. In a statement to mark World Humanitarian Day, ...

  Dubai / Emirates Business The first half of the 19th edition of Dubai Summer Surprises (DSS) has seen an upswing in economic activity across diverse sectors in the emirate from retail to hospitality, automotive to entertainment and financial services, as the region’s popular family extravaganza continues to further enhance Dubai’s position as the summer destination of choice. With special ...

  Dubai / Emirates Business Al Yasmina Academy, part of Aldar Academies, the UAE’s leading provider of private education, is celebrating its students’ best-ever A-level results. Among those finishing the final year of A-levels, 74% percent achieved one or more A* to B grades, a 10% increase over 2015. Meanwhile, 35% of pupils earned all A* or A grades, a ...

  London / AFP Retail sales in Britain, a key driver of the economy, rebounded 1.4 percent in July from June’s drop, official data showed on Thursday, indicating no immediate fallout from Brexit but analysts warn of a tough year ahead. Sales by volume rose far higher than expected following a 0.9-percent drop in June that had been caused by ...

  Bloomberg Russian billionaire Andrey Melnichenko, whose fertilizer company is investing more than $6 billion in potash mining, said it could take at least a decade for the potash market to work off the excess because of the past “disruptive” actions by the largest sellers. Potash prices have collapsed since 2013, when a trade pact between Russian and Belarusian producers, ...