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Bloomberg Mark Carney was accused of jeopardizing the Bank of England’s credibility in the European Union debate as he faced a fiery line of questioning from U.K. ­legislators. While the BOE governor has spent months trying to avoid the political battle — a task lawmaker Andrew Tyrie compared to bomb disposal — some members of the Treasury Committee said BOE ...

Abu Dhabi / Emirates Business The Abu Dhabi Air Expo 2016 began on Tuesday in a spectacular fashion with two Etihad Airways’ Extra EA 330 LT Trainer aircraft conducting an aerial ribbon-cutting during an acrobatic display at Al Bateen Airport, Abu Dhabi. The expo is just one event that is taking place during Abu Dhabi Aviation Week 2016, which runs ...

Jeddah / Emirates Business Investors from Saudi Arabia will have a unique opportunity to discover Turkey’s diverse real estate landscape and meet with leading local and international developers and market experts at the inaugural Cityscape Turkey exhibition, which will be held on March 24-26 at the Istanbul Congress Centre. The latest addition to the Cityscape portfolio of global events, the ...

Washington / AFP Voters in four US states headed to the polls on Tuesday to confirm or rein in Donald Trump’s status as clear Republican frontrunner in primary contests that Democrat Hillary Clinton hopes will further solidify her lead over Bernie Sanders. As the race for the White House heats up, the spotlight shifts to Michigan and Mississippi, where both ...

CANBERRA/ AP The US Air Force will continue to fly daily missions over the South China Sea despite a buildup of Chinese surface-to-air missiles and fighter jets in the contested region, with both nations’ militaries in discussions to avoid any miscalculations, a top US general said on Tuesday. Gen. Lori Robinson, the commander of the Pacific Air Forces, also urged ...

Bloomberg The US Supreme Court has rejected an appeal from Apple Inc. and left in place a ruling that the company conspired with publishers to raise electronic book prices when it sought to challenge Amazon.com’s dominance of the market. The justices’ order lets stand an appeals court ruling that found Cupertino, California-based Apple violated antitrust laws in 2010. Apple wanted ...

DUBAI / WAM The government’s policies, programmes and services should contribute towards building a positive and happy community, Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum said. Sheikh Mohammed said the government’s main task is to ensure that conditions are conducive for delivering happiness to individuals, families and employees and promoting ...

Bloomberg Brazilian President Dilma Rousseff’s struggle for political survival is spilling into the streets, after the latest chapter in a sweeping corruption probe escalated tension in Latin America’s largest country. Following police questioning on Friday of Rousseff’s predecessor Luiz Inacio Lula da Silva into allegations of bribes for favors, friends and foes of the government have started to mobilize in ...

Bloomberg Watching the development of India, there’s often an assumption the country will follow China’s path. For commodity exports, China “is not the only game in town,” Australia’s resources minister Josh Frydenberg said in a speech last month, citing forecasts of India’s burgeoning demand for power, steel, and coal. Here’s one area where the two countries could scarcely be more ...

Bloomberg Just as Moody’s Investors Service warns of the strain on China’s finances of debt among state-owned enterprises, the companies are loading up on record overseas loans to buy assets around the world. China National Chemical Corp., or ChemChina, got $50 billion in such financing for its $43 billion purchase of Swiss pesticides producer Syngenta AG, including $35 billion that’s ...