Bloomberg The sometimes literal nature of automated translation programs has tripped up plenty of tourists — or in the case of Mexico, its entire tourism board. Operators of the Visitmexico.com website were left red-faced when the English version of the tourism information portal suddenly sprouted a series of comic or literal translations. Confusion escalated to the point where Mexico’s government ...

Bloomberg Florida luxury train operator Brightline is dropping plans to rebrand as Virgin Trains USA and ending its relationship with Richard Branson’s Virgin Enterprises. The company had entered into a branding deal with Virgin in advance of a planned initial public offering, which was scrapped indefinitely on pricing day in February 2019. At the time, the companies touted synergies between ...

Bloomberg More economic upheaval is on the horizon in Europe as plans to end the unprecedented support for workers during the coronavirus pandemic threaten to tip millions of households into a debt trap. Organisations that help individuals sort out their financial problems are warning of a sharp increase in the number of families burdened by bills they can’t pay. Even ...

Bloomberg Rising real yields are throwing cold water on the rally their historic plunge stoked. Real interest rates — which strip out the effects of inflation — rose by the most in a month Friday after a stronger-than-forecast July jobs report. The lurch higher from record-low negative levels helped send technology shares and gold lower, while the Bloomberg Dollar Spot ...

Bloomberg After an epic rally from its pandemic low, Canada’s equity market may be losing some steam. The S&P/TSX Composite Index has made a remarkable comeback since March. It still needs to rise another 519 points, or 3.1%, to break even for the year. The index has been carried by big gains in gold and technology: Only 41% of its ...

Abu Dhabi / WAM A UAE plane carrying 40 metric tonnes of critical medical and food supplies as well as nutritional supplements for kids has arrived in Beirut in support of the victims of the massive explosion that rocked the Lebanese capital on Tuesday. The urgent humanitarian aid comes in implementation of the directives of the His Highness Sheikh Mohamed ...

Bloomberg Drillers cut exploration in US oil fields to a 15-year low as billions of barrels from old discoveries became worthless and explorers abandoned growth plans. The number of active oil rigs in the US fell by four to 176, the lowest since 2005, according to Baker Hughes Co. data. Energy companies have been parking rigs on an almost uninterrupted ...

DUBAI / WAM The Dubai Land Department (DLD) through the Real Estate Licensing Department of the Real Estate Regulatory Agency (RERA) announced the launch of its “Green List” project, which seeks to provide additional services to the real estate professionals and empower the sector. The project is a new addition to a range of comprehensive services provided by “Dubai REST”, ...

Abu Dhabi / WAM As part of the healthcare programme for senior citizens and individuals with chronic diseases, Abu Dhabi Public Health Centre under the guidance of the Department of Health – Abu Dhabi (DoH), has launched mobile clinics which will be operating in coordination with several public and private healthcare facilities in the emirate. The clinics will facilitate access ...

Sharjah / WAM Orient Source Hong Kong Group of Companies (OSHK) the International Commodity Trader and Project Investor, made its foray into UAE by launching its state-of-art 247,570 ft2 Multi-Functional Offshore & Repair Facility at the Port of Hamriyah in Sharjah along with a Trading Platform with Hamriyah Free Zone. The inauguration of the new facility was announced during a ...