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  DURBAN / AP Indian Prime Minister Narendra Modi on Saturday was marking a historic train journey by Indian independence leader Mohandas K. Gandhi during the final day of his South African visit. Modi’s ride commemorated the incident in which a young Gandhi in 1893 was ejected from a South African train when he refused an order to move from a ...

  WASHINGTON In the global revulsion at the past week’s terror attacks in four Muslim countries, the United States and its allies have a new opportunity to build a unified command against the IS and other extremists. But as the US seeks to broaden this counterterrorism alliance, it should be careful about partnering with Russia — unless Moscow distances itself ...

  US labour market’s rebound in June was a sigh of relief for the Federal Reserve, which is buoyed by the addition of 287, 000 jobs. The development is seen as a healthy sign of economic resilience. The job hike numbers also gave a boost to markets in the US and Europe, which have been battered down by worries that ...

  Leonid Bershidsky The shooting of 12 police officers in Dallas on Thursday suggests spiraling violence: The cops were shot during a protest against the shooting of black men by police. A vicious circle of retribution would be something new for the U.S. where, unlike in other developed countries, killings by police far outnumber officer deaths in the line of ...

  Later this year, a joint venture between Brunei and China in aquaculture will be added to the list of many projects being deliberated under the Brunei-Guanxi Economic Corridor (BGEC). The BGEC is a direct supply link established in 2014 aimed at boosting Brunei-China bilateral trade and investment. According to local media reports, the joint venture (JV) will be known ...

  Michael H. Fuchs / Stefanie Merchant SPECIAL TO EMIRATES BUSINESS In June, British voters elected to leave the European Union—commonly referred to as “Brexit”—exiting the single market system that has unified European economies since 1992. The results have shocked the world, shaking the confidence of many who long heralded the European Union as the best example for the benefits ...

  Britain scored a game-changing goal with “Brexit,” but the ball landed in its own net and the point, it seems, has gone to China. Let’s rewind. Remember the line “greed is good” from the film Wall Street? Asher Edelman, the inspiration for the character of Gordon Gekko, was one of the pioneers of computer trading. Soon everyone was using ...

  Michelle DeFreese SPECIAL TO EMIRATES BUSINESS Prime Minister Narendra Modi is meeting with heads of state in four African countries during his first visit to the African continent since he took office in 2014. Modi’s official visits will take him to Kenya, Tanzania, Mozambique, and South Africa. Notably, his arrival in Mozambique will mark the first time an Indian ...

  Bloomberg It took seven working days from the result of Britain’s shock vote to leave the European Union for Standard Life Investments to freeze withdrawals from its £2.9 billion ($3.8 billion) U.K. real estate fund. For investors wanting to get money out, the wait is likely to be a lot longer. Standard Life’s decision, soon followed by six other ...

  Bloomberg Hammerson Plc, the specialist retail real estate company, said demand for its properties in the U.K. remained strong after Britain’s voted to leave the European Union last month. ”We’ve seen no let-up in leasing demand — there is a healthy level of leasing activity,” Chief Executive Officer David Atkins said in an interview . ”We continue to have ...