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Email this article: UAE amends stock ownership rules in transparency move
Posted: Tue June 12, 2012 1:01 pm
UAE. Markets must be notified of intention to buy over 30% stakes; UAE lacks proper takeover code for publicly listed cos; Analyst says enforcement action needed.
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INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
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