Euler Hermes reported a projected 3.5% growth in UAE due to infrastructure developments and growth in business.
Industry
NYSE Euronext and NASDAQ OMX Group was ordered to improve reliability in light of recent events
The major technology bourses NYSE Euronext and NASDAQ OMX Group was required by regulators to improve the technology as to back up feeds.
Apple's distributiorship tactics subject to review
France and the European Union are conducting inquiries as to the tactics employed by Apple that would violate antitrust regulations.
Like MTS, Megafon seeking to expand into banking services
Megafon is discussing with small lending institutions as to the eventual integration of banking services with its telecommunications services.
US private equity firms' newest playground is in Africa - report
Several top private equity firms had expressed in a convention that Africa would be seeing an influx of investments in the near future.
Latest News
In a bid to appease investors, private equity firms in China would be resorting to selling off its maturing assets to return profits while waiting for the reopening of the mainland's IPO listing market.
According to a Bloomberg report, as the UK government sought to boost mortgage lending and building permits became easier to get, home building approvals increased 48% in the country.
The opening of trading at the Hong Kong Exchanges and Clearing Ltd. were delayed due to Typhoon Usagi and would resume trading in the afternoon.
New Treasuries demand showed a solid improvement following the retreat of Wall Street dealers and rising yields.
According to Philippine Central Bank Governor Diwa Guinigundo, the country had been prepared for the eventual stimulus reduction by the US Federal Reserve.
RBI had increased its short term policy repo rate to 7.5% from 7.25%, a move which could have stock markets remain volatile.
A number of domestic milk producers were chosen by Chinese authorities as recipients of state subsidies and tax breaks.
India's private equity deals earned USD924 million for August 2013. Nearly 36 private equity deals with a volume of USD924 million were completed in August.
A waging battle on budget between Democrats and Republics was held last October 1 that was seen to threaten a government shutdown.
