DUBAI / Emirates Business Dubai Parks and Resorts, set to become the Middle East’s largest integrated theme park destination on its opening in October this year, has announced its participation in this year’s Careers UAE, takes place from May 16-18 at the Dubai World Center, in search of skilled, bright Emirati talent. Job seekers will be interviewed by the ...

  Tokyo / AFP Toyota on Wednesday warned that its annual net profit will fall by about a third as a stronger yen, and a slowdown in Chinese growth and other emerging markets dent its bottom line. The surprise new forecast — which would mark Toyota’s first profit decline in five years — tipped a 1.5 trillion yen ($13.8 billion) ...

  Tokyo / AFP Scandal-stricken Takata said on Wednesday it logged an annual net loss of $120 million, as the company struggles with a massive recall crisis over exploding air bags tied to 13 deaths in the United States and Malaysia. US auto safety regulators last week ordered Takata to recall between 35 million and 40 million airbags installed in ...

  TOKYO / AP Mitsubishi Motors cheated on fuel-efficiency testing for almost every model it sold in Japan in the last 25 years, a report said on Wednesday, fuelling questions about the size of a scandal that has plunged the automaker into crisis. Citing unnamed company sources, Japan’s Asahi newspaper said dozens of models sold in Japan have been affected ...

  Mumbai / Bloomberg Investors who anticipated that India central bank Governor Raghuram Rajan would bring order to a bad debt-plagued banking system by now are being forced to ratchet back those expectations. Results from ICICI Bank Ltd. and Axis Bank Ltd. two weeks ago and comments from their top managers fuelled concerns that dud loans will continue to pile ...

  Brasília / AFP Brazil’s Senate on Wednesday launched a pivotal debate on the future of President Dilma Rousseff, who faces likely suspension and an impeachment trial that could end 13 years of leftist rule in Latin America’s biggest country. Even allies of Rousseff, 68, said she had no chance of surviving the vote, expected later in the day after ...

Rio De Janeiro / AP Like Brazil itself, Dayse Lima’s family is deeply split over the political firestorm threatening to force President Dilma Rousseff from power. Lima, a 54-year-old government worker and staunch Rousseff supporter, got so angry at her son Gustavo for bashing the president that she stopped speaking to him. Gustavo, a 27-year-old energy analyst who lived with ...

  Manila / AFP After proposing a jet-ski mission to defend remote islands against China, daring the United States to sever ties and joking about burning Singapore’s flag, Rodrigo Duterte is set for a wild foreign policy ride as the next Philippine president. The firebrand politician stormed to victory in national elections this week using an incendiary brand of populism ...

  New Delhi / AFP India will seek to extradite indebted tycoon Vijay Mallya, the country’s finance minister said on Wednesday, after Britain turned down its request to deport him. Arun Jaitley told parliament that Britain had refused to deport Mallya, who left India owing $1.34 billion, because he entered the country on a valid passport, even though it was ...

  Juba / AFP The freed son of a former Pakistani premier reunited with his family in a shower of rose petals in Lahore on Wednesday, three years after he was kidnapped then taken to Afghanistan. Ali Haider Gilani, son of Yousaf Raza Gilani, was rescued during a counter-terror raid by US and Afghan forces in eastern Afghanistan Tuesday. Crowds ...