Dubai stocks rallied the most in almost three months and Abu Dhabi’s index advanced on optimism real estate projects in the United Arab Emirates and abroad will boost earnings. Qatari shares increased.
Tanzania may reconsider the proposed introduction of a super-profit tax on natural gas production after gold miners criticized a similar measure recommended three years ago, President Jakaya Kikwete said.
The surge of office demand from New York’s technology, media and fashion companies is rapidly depleting the supply of affordable space in the city, especially in lower Manhattan, according to brokerage Studley Inc.
One reason opposition candidate Narendra Modi is on track to become India’s next prime minister can be found in a 100-bed government-run hospital in the city of Jaunpur. Goats roam the corridors, used syringes and vomit litter the floors, and the walls display red spatter from tobacco that has been chewed and spat out.
China’s slowing economy and tougher government anti-pollution efforts are taking a toll on its steel mills, rattling the world’s biggest producer of the alloy and flashing worries of a potential downturn in the global iron-ore trade.
New York Mayor Bill de Blasio, marking his 100th day in office, embraced the legislature’s funding of statewide universal pre-kindergarten as his own victory and promised more programs to redress inequality between rich and poor.