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DUBAI: Insurance stocks traded in Dubai are proving a haven in an unforgiving market as investors increase their bets on mergers and acquisitions in the industry after recent reforms.
Plan approved by 99.96% of votes allows trader to press on with final stages
SINGAPORE: Embattled commodity trader Noble Group Ltd. took a significant step toward getting its $3.5 billion debt-for-equity restructuring over the line after shareholders voted to back the controversial proposal at a special general meeting in Singapore.
SINGAPORE: Noble Group Ltd faces a key shareholder meeting on Monday as the shrivelled commodity trader attempts to clinch a last-ditch $3.5 billion debt restructuring deal to stay afloat and put a three-year crisis behind it.
NEW YORK: The Federal Reserve's steady interest rate hikes are the best way to protect the U.S. economic recovery and keep job growth as strong as possible and inflation under control, Fed Chair Jerome Powell said on Friday in a high-profile endorsement of the central bank's current approach to policy
LONDON: Deutsche Bank AG is doubling down on a bet that troubled commodities trader Noble Group Ltd. will be able to pull off a $3.5 billion reorganisation.
For the past year, Kyla Jackson has been one of the only teenagers in the world who gets a ride to high school from a robot.