Thursday 31 August 2017

GE shifts strategy, financial targets for digital business after missteps

GE shifts strategy, financial targets for digital business after missteps:

"The government of the emirate of Sharjah plans to issue a yuan-denominated bond in China, which could make it the first Middle East issuer in the Chinese interbank bond market, sources familiar with the matter told Reuters. Sharjah, one of the seven members of the United Arab Emirates, is in the process of applying to issue the instrument, known as a panda bond, said the sources, who declined to be named as the matter is not yet public. The size of the planned issue was not known, and the government of Sharjah declined to comment."



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