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Financials

UPDATE 1-Brookfield, Dubai's Meraas Holding create $1.4 bln retail JV

DUBAI, Sept 22 Canada's Brookfield Asset Management and Dubai's Meraas Holding have agreed to form a joint venture valued at 5 billion dirham ($1.4 billion) to own and operate Meraas' retail assets.

9:10am BST

Brookfield, Dubai's Meraas Holding create $1.4 bln retail JV

DUBAI, Sept 22 Canada's Brookfield Asset Management and Dubai's Meraas Holding have agreed to form a joint venture valued at 5 billion dirham ($1.4 billion) to own and operate Meraas' retail assets.

8:51am BST

UBS won't pass negative interest rates to small savers -COO

Sept 22 UBS has no plans to pass on negative central bank interest rates to small savers but would introduce cost saving measures to deal with market conditions, the Swiss lender's chief operating officer told media on Sunday.

8:09am BST

Hedge fund Elliott could raise $5 bln in new funding - FT

Sept 22 U.S. hedge fund Elliott Management Corp could raise $5 billion in a new funding round, the Financial Times reported, to build a warchest for cheaper assets as it prepares for an expected market downturn.

6:14am BST

Health care investment needed to curb out-of-pocket spending - WHO

GENEVA, Sept 22 Governments must boost spending on primary health care by at least an additional 1 percent of their gross domestic product to widen coverage and stop impoverishing patients, the World Health Organization (WHO) said on Sunday.

5:01am BST
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