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  London / AFP Scottish First Minister Nicola Sturgeon on Monday warned Britain was heading for a “hard” exit from the European Union against Scotland’s wishes, which could pave the way for independence. In a speech in Edinburgh, the Scottish National Party (SNP) leader cited continuing access to the EU single market and maintaining freedom of movement with the bloc ...

  Bloomberg Hillary Clinton’s campaign manager insisted that Democrats are unified as they kick off their nominating convention amid the ouster of Democratic National Committee chairwoman Debbie Wasserman Schultz and said he is “very confident” Bernie Sanders will deliver a rousing speech Monday night in support of the nominee. Speaking at a Bloomberg Politics breakfast on Monday in Philadelphia, Robby ...

  Bloomberg Indian Railways plans to rack up debt to help fund an unprecedented modernization plan. Some 2.5 trillion rupees ($37 billion) of debt is required in the five years through 2020, according to Railway Minister Suresh Prabhu. That’s more than triple the 692 billion rupees of outstanding Indian Railway Finance Corp. bonds. The network is also exploring non-fare revenue ...

  Emirates Business Aldar Properties PJSC (Aldar) — Abu Dhabi’s leading listed property development, investment and management company — views Al Ain as a key expansion market for its retail portfolio, driven by its significant local population and vibrant business landscape. According to Urban Planning Council’s “Plan Al Ain 2030”, the city population will witness a 3 fold- increase over ...

  Emirates Business Dubai Land Department (DLD) has unveiled its brand-new revamped website, featuring an innovative and modern easy-browsing system, in addition to providing a range of services tailored to a range of customer demographics. The new system is embedded with options for six major global languages, namely Arabic, English, Spanish, Chinese, French and Russian. The announcement was made at ...

  Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (ENEC) and Korea Hydro & Nuclear Power (KHNP) have signed an Operating Support Services Agreement (OSSA) at a ceremony held at ENEC’s headquarters in Abu Dhabi in the presence of senior management representatives from both companies. Under the agreement, KHNP will dispatch experienced and qualified nuclear plant personnel to the ...

  ABU DHABI / WAM Abu Dhabi Securities Market (ADX) and Abu Dhabi Global Market (ADGM) have entered into an agreement to foster bilateral cooperation. Chairman of ADX, Hamad Abdullah Al Shamsi, and Chairman of ADGM, Ahmed Al Sayegh signed the memorandum of understanding (MoU) at ADGM Office in the presence of senior officials from both organisations. The agreement supports ...

  Dubai / Emirates Business The Department of Economic Development met with representatives of major hypermarkets in Dubai to discuss the setting up Consumer Protection Counters across retail outlets for receiving and resolving consumer complaints amicably. Meetings have been concluded with seven hypermarkets, including Emirates Co-operative Society, Carrefour, Spinneys, Union co-operative Society, Géant, Lulu and Hyper Panda. The Commercial Compliance ...

  Washington / AFP In 1890, the psychologist William James wrote that there was “no more miserable human being than one in whom nothing is habitual but indecision.” Indecision is certainly not the habit of Federal Reserve policy makers. But as a divided Fed gathers next week to consider interest rates, they may yet again revise positions that have repeatedly ...

  Bloomberg Bearish bets against Mobileye NV are receding after the maker of chips and software for driverless cars said it would team up with BMW AG and Intel Corp. to deliver fully-autonomous cars by 2021. Traders cut short interest on Mobileye, at one point the world’s most-shorted software stock, to 17 percent of shares outstanding last week, near the ...